Homebuyers Are on the Move, But Where Are They Going?

Cross-country moves died down in the beginning of 2025 as high mortgage rates and home prices kept homeowners locked in place. However, as rates crept down, domestic moves have picked up. In Q-4 2025, 18.8% of homebuyers moved to a different part of the U.S., up 17.9% from a year earlier, according to a report from real estate marketing platform Redfin. 

Which metros are attracting the most homebuyers?

Sacramento, Calif., and Las Vegas saw the most inbound homebuyers. These metros recorded respective net inflows of 4,268 and 4,160. Four Florida metros—Cape Coral, North Port, Miami, and Orlando—also topped the list. The report notes that compared with other cities, these metros tend to offer more affordable home prices. 

Where are homebuyers leaving?

On the other end of the spectrum, homebuyers are clearing out of traditionally expensive coastal metros, such as Los Angeles and New York City. In these two cities, net outflow reached a respective 25,908 and 23,080. San Francisco and Seattle follow with respective net outflows of 21,230 and 19,154.