STOCK TITAN

GoDaddy Reveals 2026 Most Entrepreneurial Cities; Zillow Spotlights the Real Estate Trends Fueling Their Growth

(Moderate)
(Very Positive)
Tags

Zillow (Nasdaq: Z) partnered with GoDaddy to provide housing insights for the 2026 Most Entrepreneurial Cities list, led by San Antonio. Zillow contributed data on typical home values, rents, and its Market Heat Index for each of the top 10 cities, highlighting how local housing conditions intersect with small-business growth.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

News Market Reaction – Z

+0.45%
18 alerts
+0.45% Session close to close
+12.3% Peak in 25 hr 30 min
$7.74B Market Cap
0.3x Rel. Volume

In the Jun 30 session, Z gained 0.45%, reflecting a mild positive market reaction. Argus tracked a peak move of +12.3% during that session. Our momentum scanner triggered 18 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Zillow’s role providing housing data for GoDaddy’s entrepreneurial city...
Analysis

This announcement highlights Zillow’s role providing housing data for GoDaddy’s entrepreneurial city rankings, reinforcing its brand as a national real-estate data source. Prior similar research releases produced modest stock moves; investors may watch how such partnerships deepen platform engagement over time.

Key Figures

Typical U.S. home value: $366,712 Typical U.S. rent: $1,930 San Antonio small business growth: 11% +5 more
8 metrics
Typical U.S. home value $366,712 National average referenced for city comparisons
Typical U.S. rent $1,930 National average benchmark for rent levels
San Antonio small business growth 11% Year-over-year small business growth rate
San Antonio new businesses 9,232 Number of new businesses created in prior year
San Antonio typical home value $278,644 City-level home value vs. national average
San Antonio typical rent $1,398 City-level rent vs. national average
Miami new businesses 36,565 Number of new businesses created in Miami
Jobs per new business 5 jobs Jobs created in San Antonio for each small business added

Historical Context

5 past events · Latest: Jun 23 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 23 Product feature launch Positive +0.6% Launch of personalized moving hub and new home-buying tools.
Jun 18 Rental affordability report Positive +0.3% Data showing higher share of affordable rental listings on platform.
Jun 16 Home color analysis Positive +2.8% Analysis linking interior paint colors to higher or lower offers.
Jun 15 Starter home valuation report Positive +1.0% Report on record number of cities with $1M+ starter homes.
Jun 11 AI rentals product data Positive -3.6% AI Assist shown to improve renter conversion metrics on platform.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent Zillow news items have typically led to modest positive price reactions, with one notable negative divergence on an AI-focused release.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

 San Antonio Tops List, Sun Belt Represents Half of the Ranked Cities

TEMPE, Ariz., June 30, 2026 /PRNewswire/ -- GoDaddy (NYSE: GDDY) today revealed its 2026 list of America's Most Entrepreneurial Cities, with San Antonio, Texas, claiming the top spot. For the first time since launching the annual list, GoDaddy partnered with Zillow (Nasdaq: Z, ZG) to spotlight housing data for each market.

The rankings reveal a continued shift: small business growth isn't concentrated in a handful of expected hubs. It's taking hold in cities of every size, from major metros to places that rarely make these lists. Building on last year's finding that size doesn't determine entrepreneurial success, the 2026 data shows that pattern deepening, with an even more geographically diverse mix rising to prominence. Factors driving entrepreneurship often include real estate costs, talent migration, tax incentives, and remote work flexibility.

"The footprint of American entrepreneurship is shifting deeper into non-traditional places," said Alexandra Rosen, GoDaddy's small business economist. "The idea that you need to be in a major coastal city to build something has evolved. Whether it's a traditional storefront with a digital presence or an online side hustle, entrepreneurs are sustaining momentum and showing there's growing opportunity in every part of the country."

What Zillow's Housing Insights Say About the Most Entrepreneurial Cities
The GoDaddy Small Business Research Lab created the 2026 list by determining the cities with the highest rate of business growth during the previous calendar year.

Zillow's data, including this year's home values, rent prices, and Market Heat Index, adds housing-market context for each breakout hub. For every Most Entrepreneurial City, Zillow details whether home values and rents sit above or below national averages, and whether a market favors buyers or sellers via the Market Heat Index.

"A thriving local economy and a thriving housing market tend to go hand in hand," says Zillow Chief Economist Mischa Fisher, "When housing is attainable and plentiful, entrepreneurs feel more confident putting down roots and businesses find it easier to attract and keep talent. The pandemic fundamentally changed where people want to live and work, and new energy flowed to markets outside of the traditional hotspots. The map of economic opportunity has been redrawn along with it."

Most Entrepreneurial
Cities Rankings

GoDaddy Small
Business Research Lab
Data

Zillow Housing Market Data*

Rank

City

Growth
Year
Over
Year

Number of
new
businesses
created

Typical Home
Value

National
Avg:
$366,712

Typical Rent
National
Avg: $1,930

Market Heat Index

1

San Antonio, TX

11 %

9,232

$278,644

$1,398

50 – Neutral Market

2

Miami, FL

8 %

36,565

$472,249

$2,683

38 – Buyer's Market

3

Milwaukee, WI

8 %

2,816

$382,830

$1,540

85 – Strong Seller's Market

4

El Paso, TX

6 %

1,029

$231,010

$1,471

54 – Neutral Market

5

Portland, OR

5 %

4,399

$547,023

$1,789

67 – Seller's Market

6

Fresno, CA

4 %

757

$408,560

$1,998

59 – Seller's Market

7

Bronx, NY

4 %

1,073

$717,750

$3,406

77 – Strong Seller's Market

8

Tampa, FL

4 %

3,798

$357,226

$1,997

45 – Neutral Market

9

Albuquerque, NM

3 %

1,277

$349,292

$1,485

60 – Seller's Market

10

Washington, DC

3 %

2,590

$579,216

$2,375

67 – Seller's Market

*Zillow data provides insight into the housing market trends for these cities, however it did not factor into the rankings of the cities. The Most Entrepreneurial Cities list was determined by GoDaddy Small Business Research Lab data.

Key Findings and Market Trends

San Antonio Emerges as the Nation's Top Entrepreneurial Hub
San Antonio's first-place ranking shows strong momentum and the highest rate of small business growth at 11% year over year. For every small business added in the San Antonio area, five new jobs are created, driving economic benefits for the surrounding community. Zillow data shows the city maintains a highly stable housing foundation, featuring a balanced Market Heat Index score of 50, representing a neutral housing market, favoring neither buyers nor sellers, with below-average home and rent values.

The Great Migration South: Founders Planting Roots in the Sun Belt
Texas, Florida, and New Mexico accounted for half of the cities on the list, underscoring continued entrepreneurial momentum across the Sun Belt. This region attracts founders with financial incentives, including no state personal income taxes in Florida and Texas. Past research has found that migration from other states and countries drives higher rates of new small businesses in the area. Zillow data, however, reveals founders across these two states are navigating very different housing environments. San Antonio, El Paso, and Albuquerque are below the national average for home values, making cost of living more affordable, while Miami and Tampa are above the national average for rent.

One small business founder in Miami, Florida, Anik Sahai, co-founder of Ethics Lab with Michael Gomez, a youth-focused organization shaping conversations around AI ethics, shared what he appreciates about this region. "South Florida's entrepreneurial ecosystem is built on a culture of collaboration and forward-looking innovation. For young builders, it provides a unique environment where you can connect across industries, find mentorship, and turn complex, real-world problems into scalable AI solutions. It is an incredible place to build."

The Surprising Standouts
Some cities in the top 10 demand a second look. Washington, D.C. - a city synonymous with big government - earned a top 10 spot on the strength of new business formations, while in New York it's the Bronx, not Manhattan, leading the way. Zillow's data shows the trend spans every kind of housing market, underscoring that there's no wrong place to start a business.

To learn more about the 2026 Most Entrepreneurial Cities, including additional city data, comprehensive interactive maps, Zillow housing insights, or to get more information on GoDaddy's Small Business Research Lab, visit godaddy/research.

About GoDaddy
GoDaddy, the world's largest domain name registrar, helps millions of entrepreneurs globally start, grow, and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services and accept payments. GoDaddy Airo®, the company's AI-powered experience, makes growing a small business faster and easier by helping them to get their idea online in minutes, drive traffic and boost sales. GoDaddy's expert guides are available 24/7 to provide assistance. To learn more about the company, visit www.GoDaddy.com.

About GoDaddy Small Business Research Lab
The GoDaddy Small Business Research Lab analyzes more than 20 million online businesses with a digital presence, defined by a unique domain and active website. Most of these businesses employ fewer than ten people, classifying them as microbusinesses. Since 2019, the program has surveyed more than 70,000 entrepreneurs, making it a leading source of data and insights on microbusiness trends. To learn more, visit godaddy/research.

About Zillow Group

Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people.

As the most visited real estate app and website in the United States, Zillow connects hundreds of millions of consumers with innovative technology, trusted agents and loan officers, and seamless digital solutions. With industry-leading tools and resources, Zillow supercharges real estate professionals so they can grow their businesses and deliver exceptional client experiences. For renters and housing providers, Zillow offers not only a robust marketplace but a set of end-to-end products and services to streamline applications, leases, payments and more.

Zillow's ecosystem spans the entire home journey — from dreaming and shopping to renting, buying, selling and financing.

Zillow Group's affiliates, subsidiaries and brands include Zillow®, Zillow Premier Agent®, Zillow Home Loans®, Zillow Rentals®, Zillow® New Construction, Trulia®, StreetEasy®, Out East®, HotPads®, Follow Up Boss®, ShowingTime®, dotloop® and Zillow® Closing.

All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (http://www.nmlsconsumeraccess.org/). © 2026 MFTB Holdco, Inc., a Zillow affiliate.

Source: GoDaddy Inc.

GoDaddy Unveils New Company Logo “the GO”: Expands Mission to Empower the Everyday Entrepreneur (PRNewsfoto/GoDaddy)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/godaddy-reveals-2026-most-entrepreneurial-cities-zillow-spotlights-the-real-estate-trends-fueling-their-growth-302814368.html

SOURCE GoDaddy Inc.

FAQ

What did Zillow (NASDAQ: Z) announce on June 30, 2026 about entrepreneurial cities?

Zillow partnered with GoDaddy to add housing data to the 2026 Most Entrepreneurial Cities rankings. According to Zillow, it supplied typical home values, rents, and Market Heat Index scores, offering context on how local housing markets align with small business formation across the top-ranked cities.

How does Zillow housing data relate to GoDaddy's 2026 Most Entrepreneurial Cities list for investors in Z stock?

Zillow’s role is to provide housing-market context, not determine the city rankings. According to GoDaddy, the rankings rely on small business growth data, while Zillow’s values, rents, and Market Heat Index help illustrate how housing affordability and market balance align with entrepreneurial activity.

What does Zillow's Market Heat Index show for San Antonio in the 2026 entrepreneurial cities rankings?

Zillow reports a Market Heat Index of 50 for San Antonio, indicating a neutral housing market. According to Zillow, this balanced environment neither favors buyers nor sellers and coincides with 11% year-over-year small business growth and below-average home and rent values in the area.

How do Sun Belt housing costs affect entrepreneurship in the 2026 GoDaddy and Zillow analysis?

The analysis links Sun Belt entrepreneurship to differing housing cost profiles across cities. According to GoDaddy and Zillow, San Antonio, El Paso, and Albuquerque feature below-average home values, while Miami and Tampa have above-average rents, showing founders operate in both more affordable and more expensive housing markets.