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IRVINE, CA—Have you heard the term Normcore? Don't laugh, but people who live in Normcore neighborhoods prefer to wear unpretentious, average-looking clothing to avoid standing out and have an attitude of finding liberation in being nothing special—and this is now an official trend among Millennials that extends to their living situation, RealtyTrac reports.

The firm's VP Daren Blomquist has released a report on a new study on Normcore neighborhoods and has applied the concept to real estate by identifying US neighborhoods that are the most normal or average when it comes to home values, home size, schools and year built. The only above-average characteristic of the top 35 Normcore neighborhoods RealtyTrac identified was the percentage of the population that walks or uses public transportation to get to work because that implies core neighborhoods represent a back-to-basics vibe attractive to the younger generation that has embraced the Normcore notion.

Blomquist tells GlobeSt.com, “The biggest takeaway from this study is that the emerging crop of first time homebuyers that the industry needs in order to keep the momentum going in the housing market does not necessarily think the same as previous generations of homebuyers. These prospective first-time homebuyers are not always thinking that bigger is better or that newer is better and, in fact, may be much more conservative in how much they purchase.”

Blomquist adds that in light of this, “the industry should not veer too far from the core product and neighborhoods that will hold up well even with shifting tastes: namely properties that are within the normal range when it comes to market value and size and that are in established core neighborhoods close to jobs—or at least close to quick and inexpensive access to jobs via public transportation.”

For a look at the 35 best normcore neighborhoods in the country, see below. Click on this link for an interactive version of the same visual. For a slideshow of non-distressed Normcore houses, click here. Fore a slideshow of foreclosure Normcore houses, click here.

As GlobeSt.com reported earlier this month, RealtyTrac released its first-ever “US HELOC Resetting Report," which found that 56% of the 3.3 million home equity lines of credit potentially resetting with higher, fully amortizing monthly payments from 2015 to 2018 are on properties that are seriously underwater.

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