The Top Zip Codes for Investment Properties in Your Area in 2020
The numbers are out! In 2020, 34,583 investment properties were listed on MyHouseDeals throughout the country from January to December 2020. This provides us and MyHouseDeals members with an abundance of data to determine what market areas and deal types were popular in 2020. It also allows members to plan accordingly for 2021.
Below, we break out the four different deal types on our website: wholesale deals, investor-ready foreclosures, motivated seller deals, and motivated MLS deals. You’ll see graphs showing the percentage of each deal type along with which states and cities contain the most investment properties.
Then, we list the cities and zip codes with the greatest number of deals, followed by the average ARV for each state. Check out the maps to see which areas are hot right now for bargain properties. To view the summarized report containing the top five zip codes for wholesale properties for each market area, go here.
If you do your own marketing to find potential investment properties, target properties in these zip codes because they are more likely to have motivated sellers and/or properties needing repair. Both of these conditions can lead to greater discounts and profits for investors like you.
Keep reading for these breakdowns of hot investment areas so you can make 2021 your year for real estate investing.
The Big Picture:
Let’s take a look at 2020 for MyHouseDeals overall.
We should point out that we’re still working from home!
There are too many markets to list, so here is a breakdown of where these deals can be found by state (click to expand).
Here is a percentage breakdown of the types of properties added to the site during all of 2020 (click to expand).
As mentioned in our Q4 2020 report, foreclosures saw a significant decrease from our 2019 yearly report, where they made up ~60% of the properties listed on MyHouseDeals. This is largely due to the foreclosure moratoriums instituted in response to the COVID-19 pandemic.
If you want to view a specific type of property deal, select only the property types you want to see in your search parameters (click to expand).
The top 5 market areas for investment property deals include:
- Dallas/Fort-Worth
- Houston
- Washington DC
- South Florida
- Atlanta
Here is the exact number of deals per market area:
Deal Activity per Market Area:
These maps are a little more interesting! You can see the hot areas (and the not so hot areas) for investment properties in each city. These are our top 20 markets (in order from the greatest amount of deals to least)!
Looking for a specific market? Click on the links below to jump directly to your area.
#1 Dallas/Fort Worth
Top 5 Zip Codes for Deals in Dallas/Fort Worth, TX:
75216
75214
75217
76104
75149
75241
75114
75115
76104
76112
76031
75028
76137
75165
75044
75219
75225
75230
75204
75034
#2 Houston
Top 5 Zip Codes for Deals in Houston, TX:
77033
77520
77016
77021
77051
77351
77449
77494
77583
77302
77573
77012
77583
77004
77007
77550
77340
#3 Washington, D.C.
Top 5 Zip Codes for Deals in Washington, D.C.:
21216
21223
21217
21213
21215
21206
21222
21240
21215
21239
33211
26847
26726
25411
25401
#4 South Florida
Top 5 Zip Codes for Deals in the South Florida Area:
33311
33023
33147
33142
33150
34953
33009
33467
33446
33414
34953
33311
34952
33446
33190
33140
33180
33009
33139
33160
#5 Atlanta
Top 5 Zip Codes for Deals in Atlanta, GA:
30310
30315
30314
30318
30032
734240
30094
30038
30344
30331
30314
30114
31064
30565
30512
#6 NYC/Tri-State
Top 5 Zip Codes for Deals in the NYC/Tri-State Area:
12601
7111
7103
12569
11550
6451
6010
6790
6705
6516
6460
8852
18435
10952
7719
#7 Tampa Bay
Top 5 Zip Codes for Deals in Tampa Bay, FL:
33604
33610
33605
33612
33603
34668
33948
33810
33801
33755
34242
34689
34442
34208
33898
334228
#8 Orlando-Daytona Beach-Melbourne
Top 5 Zip Codes for Deals in Orlando-Daytona Beach-Melbourne, FL:
32771
32808
32805
32811
32703
32159
32907
32137
34748
34758
#9 Chicago
Top 5 Zip Codes for Deals in Chicago, IL:
60620
60617
60628
60619
60649
60443
60620
60617
60466
60438
60954
60637
61350
60649
60647
#10 Los Angeles
Top 5 Zip Codes for Deals in Los Angeles, CA:
90026
90043
90004
90016
90044
92307
92308
92586
93555
93041
92673
93550
93530
92570
92544
#11 Central Texas
Top 5 Zip Codes for Deals in the Central Texas Area:
78202
78210
78207
78201
78212
78223
78840
78239
78222
78220
78840
78108
78959
78945
78747
76667
78264
76633
78117
#12 Philadelphia
Top 5 Zip Codes for Deals in Philadelphia, PA:
8616
21921
8332
19145
19144
8360
8094
8096
8070
8016
8360
8015
18052
8053
19120
#13 Raleigh-Durham
Top 5 Zip Codes for Deals in the Raleigh-Durham Area:
27806
27701
27893
27707
27801
28311
28314
28348
28306
28304
27613
#14 Sacramento-Stockton-Modesto
Top 5 Zip Codes for Deals in the Sacramento-Stocton-Modesto Area:
95206
94533
94534
95205
95823
95949
95670
95666
95350
94533
#15 Cleveland
Top 5 Zip Codes for Deals in Cleveland, OH
44105
44120
44112
44108
44128
44035
44137
44312
44125
44121
#16 St. Louis
Top 5 Zip Codes for Deals in St. Louis, MO:
63118
63112
63136
63137
63113
62040
62002
63136
63121
63116
#17 Boston
Top 5 Zip Codes for Deals in Boston, MA:
1945
2149
2715
1852
2655
2909
2346
2895
2703
2301
#18 Kansas City
Top 5 Zip Codes for Deals in the Kansas City Area:
64130
64129
64127
66104
66102
66102
66048
66109
66112
66104
66208
66062
64108
64105
64050
#19 Bay Area
Top 5 Zip Codes for Deals in the Bay Area, CA:
94611
94605
94553
94591
94590
94565
95451
95422
94952
94621
#20 Pittsburgh
Top 5 Zip Codes for Deals in Pittsburgh, PA:
15221
15235
15210
15214
15208
15235
16001
15601
15401
15068
Average ARV per Market Area
Lastly, the average after-repair value (ARV) for these 20 top market areas is summarized below:
Are you surprised by the zip codes on this list? Share your thoughts below . . .
To view a summarized report containing the top five zip codes for wholesale investment properties in each market area, visit this page.
