--- title: The Top 10 Cities Attracting Out-of-Town Homebuyers Right Now description: The total number of homebuyers is slimmer than previous years, but a record number of those still looking are relocating to new areas. authors: - name: Brenden Rearick role: Reporter url: https://money.com/author/brenden-rearick/ bio: Brenden Rearick is a former news reporter at Money who specialized in mortgages, real estate, and personal finance topics. education: University of Pittsburgh, BA at_money_since: 2023 articles: 133 covers: - Housing - Banking - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Professional Services - Retirement - Shopping - Taxes - Technology former_staff: true published: '2023-08-23T19:26:36.000Z' modified: '2023-08-23T19:26:36.000Z' section: Housing tags: - News word_count: 455 canonical: https://money.com/cities-out-of-town-homebuyers/ type: NewsArticle source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Family relocating](https://img.money.com/2023/08/News-Record-High-Homebuyers-looking-to-Relocate.jpg?crop=0px%2C0px%2C2880px%2C1620px&quality=85) Homebuyers are feeling especially migratory right now. As folks jostle for the slim pickings available on the [real estate](https://money.com/real-estate/) market, lots of people are searching far from home. A [report](https://www.redfin.com/news/housing-migration-trends-july-2023/) out Wednesday from real estate company Redfin shows that a record number of potential homebuyers are looking to [buy a new place](https://money.com/how-to-buy-a-house/) outside of their current towns. And many of the most sought-after destinations are, unsurprisingly, sunny. ## Imagine lowering your housing costs by relocating to a new city ### A Mortgage Expert at Rocket Mortgage (NMLS #3030) can help you explore your options and get the financing you need. Click on your state to begin! [View Rates](https://money.com/pr/lc2126e3edb5?ap_referrer=%2Fcities-out-of-town-homebuyers%2F) ## What the data says Redfin's report covers the search results of 2 million users between May and July. It found that 25.8% of potential homebuyers are looking for houses in markets outside of their hometowns — a record-high since the company began charting this data in 2017. Desired locales for these would-be homebuyers tend toward the warm and affordable, with most of the top metropolitan areas located in the southern or western United States. Here's the list of the most popular cities for relocations right now: 1\. Las Vegas, Nevada 2\. Sacramento, California 3\. Orlando, Florida *(tie)* 4. [Tampa, Florida](https://money.com/best-places-to-travel/tampa-florida/?ref=/homebuyers-relocate-sun-belt-cities/) *(tie)* 4. North Port-Sarasota, Florida 6\. Cape Coral, Florida *(tie)* 7. Dallas, Texas *(tie)* 7. Phoenix, Arizona 9\. Myrtle Beach, South Carolina 10\. Houston, Texas Those looking to move away are coming from some of the country's largest and most expensive metro areas, including Los Angeles, San Francisco, New York City and Chicago. It comes as little surprise, then, that many of these large cities are seeing the highest concentration of outflows in the country. As [home values reach their own all-time highs](https://money.com/average-home-worth-all-time-high/) (and prepare to [keep growing](https://money.com/home-values-zillow-prediction-2024/)), those areas are likely to become even less affordable to the average homebuyer. While lots of relocators are looking at the sunny cities listed above, most are moving to more affordable metro areas nearby. For example, Chicagoans are most popularly leaving for Milwaukee — about 90 miles away — and many Washington, D.C., residents are fleeing to Maryland suburbs. ## Keep in mind It's worth noting that while the share of homebuyers seeking to relocate is at an all-time high, the actual *number* of people relocating is not. For example, Las Vegas saw a net inflow of 5,400 people in July 2023 but saw a net inflow of 6,500 in July 2022. That's not a huge increase from year to year. This is due largely to the unique situation the housing market finds itself in. With [so little inventory](https://money.com/number-homes-for-sale-record-low/), there are simply fewer people actively seeking to buy houses right now. But those who are don't seem to be worried about staying local. ## Buy your new home with more convenience and less hassle ### A Mortgage Expert at Rocket Mortgage (NMLS #3030) can lend you a hand for a smoother process. Your dream home is possible. Click below to make it happen. [View Rates](https://money.com/pr/u918d32af718?ap_referrer=%2Fcities-out-of-town-homebuyers%2F) ![](https://s3.consumersadvocate.org/prd/image/image/26681/medium_57f09f10-efb8-487d-a73e-5f7d605144eb.png) Imagine finally owning your dream home — Rocket Mortgage (NMLS #3030) can help! [View Rates](https://money.com/pr/t39f99e0e0ab?ap_referrer=%2Fcities-out-of-town-homebuyers%2F) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/cities-out-of-town-homebuyers/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Housing", "item": "https://money.com/housing/" }, { "@type": "ListItem", "position": 3, "name": "Home Buying", "item": "https://money.com/home-buying/" }, { "@type": "ListItem", "position": 4, "name": "The Top 10 Cities Attracting Out-of-Town Homebuyers Right Now" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/cities-out-of-town-homebuyers/#webpage", "url": "https://money.com/cities-out-of-town-homebuyers/", "name": "The Top 10 Cities Attracting Out-of-Town Homebuyers Right Now", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2023-08-23T19:26:36.000Z", "mainEntity": { "@id": "https://money.com/cities-out-of-town-homebuyers/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/cities-out-of-town-homebuyers/#breadcrumb" }, "dateModified": "2023-08-23T19:26:36.000Z" }, { "@type": "NewsArticle", "headline": "The Top 10 Cities Attracting Out-of-Town Homebuyers Right Now", "articleSection": "Housing", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2023/08/News-Record-High-Homebuyers-looking-to-Relocate.jpg?crop=0px%2C0px%2C2880px%2C1620px&quality=85", "width": 1012, "height": 569, "caption": "News-Record-High-Homebuyers-looking-to-Relocate" } ], "author": [ { "@type": "Person", "name": "Brenden Rearick", "url": "https://money.com/author/brenden-rearick/", "@id": "https://money.com/author/brenden-rearick/#author", "description": "Brenden Rearick is a former news reporter at Money who specialized in mortgages, real estate, and personal finance topics.\r\n\r\n", "email": "brenden.rearick@money.com", "alumniOf": "University of Pittsburgh, BA" } ], "publisher": "https://money.com/#organization", "datePublished": "2023-08-23T19:26:36.000Z", "description": "The total number of homebuyers is slimmer than previous years, but a record number of those still looking are relocating to new areas.", "abstract": "The total number of homebuyers is slimmer than previous years, but a record number of those still looking are relocating to new areas.", "@id": "https://money.com/cities-out-of-town-homebuyers/", "inLanguage": "en-US", "dateModified": "2023-08-23T19:26:36.000Z", "wordCount": 455, "keywords": [ "News" ], "about": [ { "@type": "Thing", "name": "Housing in the United States", "sameAs": [ "https://en.wikipedia.org/wiki/Housing_in_the_United_States" ] }, { "@type": "Thing", "name": "Real estate", "sameAs": [ "https://en.wikipedia.org/wiki/Real_estate" ] } ] } ] } ```