A 2023 New Mover Year-End Review
The Intersection of Housing, Economics, and Migration
In the wake of the global pandemic, the landscape of the new mover and new homeowner markets has undergone significant changes. Amidst the backdrop of unpredictable interest rates, labor markets adapting to looming recession concerns, and the persistent volatility of home prices, the patterns observed in the new mover segment during 2023 represent a significant departure from the patterns witnessed in 2021 and 2022. As we navigate these evolving dynamics, it becomes imperative to assess the implications of these changes for your strategic new mover marketing initiatives set to unfold in 2024. While there was a lack of homes being listed for sale, there is not a lack in demand for home buyers.
US Net New Movers
Click to View County Level Data
ABOUT THE DATA
All of the data used in this article is aggregated by Focus USA and pulled from over 21 unique feeds, including deeds from over 3,100 county courthouses, new phone/internet connections, utility connections, and change of address requests from sources such as publications and subscription services. We validate and verify new mover information through intensive hygiene to ensure precision and reliability.
TOTAL NEW MOVERS BY YEAR
In 2023, the new mover and new homeowner market began to decelerate. At the end of 2022, the United States had witnessed a noteworthy influx of more than 32.1 million new movers. However, by the end of 2023, this figure had decreased significantly, registering a reduction of over 20%, with the new mover count at 25.6 million.
YEAR | MOVES |
---|---|
2023 | 25,682,253 |
2022 | 32,139,249 |
2021 | 35,309,856 |
2020 | 30,652,591 |
OVERALL MIGRATION AND HOME PRICE TRENDS
From 2016 to 2020, the real estate market experienced a consistent upward trajectory in home prices, with annual increases between 4.25% and 7.88%. This period reflected a sustained growth trend in housing values that were reflected in home sales prices.
Following the onset of the pandemic in 2020, a significant shift occurred. In 2020, the market witnessed an extraordinary surge in home sale prices, marking a remarkable increase of 16.3% compared to the previous year, 2019. This trend continued, with home prices rising by another substantial 11.4% in 2021 and again by 9.42% in 2022.
However, the momentum appears to have slowed in 2023, as home prices have begun to stabilize, registering a small decrease in overall home prices by 2.63%. This shift in pricing dynamics signifies a notable halt from the rapid home price increases observed in the immediate post-pandemic years. Does this reflect a signal for anticipated decreased price points in 2024?
INVENTORY – OR LACK THERE OF
Looking back to 2023, we observe notable trends in home sale listings. Before 2020, these listings typically fluctuated within a modest range of 1% to 4% year-over-year (YoY) changes. However, the real estate landscape took a significant turn in 2021, marked by a substantial surge in new home listings, with a remarkable 19% increase compared to 2020, which had already seen a 4% uptick from the previous year, 2019. In stark contrast, 2022 witnessed a sharp reversal of this trend, as new homes on the market had a noteworthy decline of 7%. The trend further compounded in 2023, plummeting by another 24% in home listings.
STATES ON THE RISE
While moves were down, we still found some interesting trends. The top-ranked new mover states in the country based on net adjusted population were South Carolina, Delaware, Idaho, Maine, and Montana.
Out of State Moves Into
South Carolina
South Carolina is experiencing significant growth, a trend that has persisted year over year for more than five years. Key destinations in South Carolina contributing to this growth include Myrtle Beach, South Carolina (the fastest-growing Metropolitan Statistical Area in the county), Greenville, South Carolina, and Charleston, South Carolina.
Out of State Moves Into
Florida
Florida, another top gross new mover state, seems to continue to attract new movers from far and wide. While most states see incoming residents from neighboring states/regions, new movers from all over the country seem to flock to the Sunshine State.
MSA Mover Ranking
MSA | Moving In | Moving Out | Gross Rank | Net Rank |
---|---|---|---|---|
Myrtle Beach SC MSA | 15,452 | 7,481 | 9 | 1 |
Panama City FL MSA | 6,586 | 3,622 | 28 | 2 |
Wilmington NC MSA | 10,942 | 6,639 | 18 | 3 |
Greenville-SA SC MSA | 23,161 | 15,160 | 8 | 4 |
Ocala FL MSA | 9,139 | 6,014 | 25 | 5 |
Huntsville AL MSA | 10,100 | 7,027 | 26 | 6 |
Sarasota-Bradenton FL MSA | 27,105 | 18,968 | 7 | 7 |
Charleston-N Charleston SC MSA | 20,405 | 14,444 | 13 | 8 |
Boise City ID MSA | 16,583 | 11,810 | 17 | 9 |
Mobile AL MSA | 12,049 | 8,699 | 24 | 10 |
Knoxville TN MSA | 16,026 | 11,751 | 19 | 11 |
Naples FL MSA | 11,283 | 8,306 | 27 | 12 |
Punta Gorda FL MSA | 7,472 | 5,528 | 38 | 13 |
Johnson City-KB TN-VA MS | 7,921 | 5,871 | 36 | 14 |
Lakeland-Winter Haven FL MSA | 15,531 | 11,729 | 22 | 15 |
Tyler TX MSA | 2,692 | 2,033 | 61 | 16 |
Fayetteville-Springdale-Rogers AR MSA | 10,815 | 8,295 | 31 | 17 |
Raleigh-Durham-Chapel Hill NC MSA | 36,822 | 28,351 | 6 | 18 |
Chattanooga TN-GA MSA | 9,031 | 6,958 | 35 | 19 |
Asheville NC MSA | 6,931 | 5,344 | 41 | 20 |
Daytona Beach FL MSA | 15,597 | 12,129 | 23 | 21 |
Jonesboro AR MSA | 1,459 | 1,141 | 86 | 22 |
Richmond-Petersburg VA MSA | 18,440 | 14,507 | 20 | 23 |
Texarkana TX-Texarkana AR MSA | 1,743 | 1,377 | 81 | 24 |
Charlotte-Gastonia-Rock Hill NC-SC MSA | 42,588 | 34,008 | 5 | 25 |
Springfield MO MSA | 6,518 | 5,216 | 47 | 26 |
Lynchburg VA MSA | 3,431 | 2,757 | 60 | 27 |
Charlottesville VA MSA | 4,053 | 3,267 | 55 | 28 |
Fort Pierce-Port St. Lucie FL MSA | 10,465 | 8,437 | 37 | 29 |
Las Vegas NV-AZ MSA | 56,955 | 45,921 | 3 | 30 |
Bangor ME MSA | 2,235 | 1,809 | 74 | 31 |
Jacksonville FL MSA | 30,469 | 24,677 | 15 | 32 |
Houston-Galveston-Brazoria TX CMSA | 69,558 | 56,353 | 2 | 33 |
Portland ME MSA | 5,292 | 4,289 | 51 | 34 |
Biloxi-Gulfport-Pascagoula MS MSA | 7,404 | 6,011 | 44 | 35 |
Pensacola FL MSA | 12,840 | 10,449 | 33 | 36 |
Santa Fe NM MSA | 3,789 | 3,089 | 57 | 37 |
Joplin MO MSA | 3,008 | 2,461 | 66 | 38 |
Greenville NC MSA | 2,316 | 1,899 | 76 | 39 |
Nashville TN MSA | 35,649 | 29,286 | 12 | 40 |
Fort Myers-Cape Coral FL MSA | 22,154 | 18,336 | 21 | 41 |
San Angelo TX MSA | 1,308 | 1,094 | 96 | 42 |
Melbourne-Titusville-Palm Bay FL MSA | 13,803 | 11,605 | 34 | 43 |
Columbia SC MSA | 11,070 | 9,313 | 40 | 44 |
Dothan AL MSA | 2,844 | 2,396 | 72 | 45 |
Florence SC MSA | 1,756 | 1,483 | 91 | 46 |
Austin-San Marcos TX MSA | 37,459 | 31,644 | 14 | 47 |
Dallas-Fort Worth TX CMSA | 96,408 | 81,532 | 1 | 48 |
Florence AL MSA | 1,764 | 1,498 | 93 | 49 |
Bryan-College Station TX MSA | 2,456 | 2,087 | 80 | 50 |
Sioux Falls SD MSA | 4,598 | 3,911 | 58 | 51 |
Savannah GA MSA | 8,828 | 7,514 | 45 | 52 |
Bellingham WA MSA | 3,516 | 2,997 | 68 | 53 |
Lubbock TX MSA | 3,280 | 2,796 | 70 | 54 |
Yuma AZ MSA | 3,035 | 2,604 | 73 | 55 |
Odessa-Midland TX MSA | 2,960 | 2,541 | 75 | 56 |
Barnstable-Yarmouth MA MSA | 1,300 | 1,117 | 100 | 57 |
Decatur AL MSA | 1,474 | 1,267 | 98 | 58 |
Tampa-St. Petersburg-Clearwater FL MSA | 63,299 | 54,492 | 4 | 59 |
Greensboro--Winston-Salem-High Point NC MSA | 19,095 | 16,452 | 30 | 60 |
Longview-Marshall TX MSA | 2,214 | 1,910 | 89 | 61 |
Missoula MT MSA | 2,247 | 1,941 | 88 | 62 |
Fort Smith AR-OK MSA | 2,824 | 2,442 | 79 | 63 |
Augusta-Aiken GA-SC MSA | 9,707 | 8,404 | 46 | 64 |
Hickory-Morganton-Lenoir NC MSA | 4,017 | 3,499 | 69 | 65 |
Sumter SC MSA | 1,731 | 1,509 | 95 | 66 |
Orlando FL MSA | 43,410 | 37,962 | 16 | 67 |
Killeen-Temple TX MSA | 8,066 | 7,096 | 52 | 68 |
Billings MT MSA | 2,855 | 2,530 | 84 | 69 |
Danville VA MSA | 1,142 | 1,013 | 111 | 70 |
Medford-Ashland OR MSA | 3,666 | 3,259 | 77 | 71 |
Fort Walton Beach FL MSA | 6,160 | 5,478 | 59 | 72 |
Abilene TX MSA | 1,806 | 1,612 | 99 | 73 |
Macon GA MSA | 5,013 | 4,488 | 67 | 74 |
West Palm Beach-Boca Raton FL MSA | 26,429 | 23,665 | 29 | 75 |
Tulsa OK MSA | 11,633 | 10,427 | 50 | 76 |
Cumberland MD-WV MSA | 1,032 | 926 | 115 | 77 |
Las Cruces NM MSA | 3,350 | 3,014 | 82 | 78 |
Lawton OK MSA | 2,677 | 2,409 | 92 | 79 |
Oklahoma City OK MSA | 18,053 | 16,279 | 39 | 80 |
Roanoke VA MSA | 3,392 | 3,063 | 83 | 81 |
St. Joseph MO MSA | 1,208 | 1,092 | 113 | 82 |
Honolulu HI MSA | 15,367 | 13,906 | 43 | 83 |
Albany GA MSA | 1,449 | 1,312 | 108 | 84 |
Beaumont-Port Arthur TX MSA | 2,838 | 2,576 | 94 | 85 |
San Antonio TX MSA | 27,164 | 24,676 | 32 | 86 |
Dover DE MSA | 3,249 | 2,952 | 90 | 87 |
Reno NV MSA | 9,478 | 8,613 | 54 | 88 |
Provo-Orem UT MSA | 8,431 | 7,667 | 56 | 89 |
Enid OK MSA | 858 | 781 | 122 | 90 |
Sherman-Denison TX MSA | 1,861 | 1,696 | 103 | 91 |
Phoenix-Mesa AZ MSA | 84,254 | 77,002 | 10 | 92 |
Tucson AZ MSA | 17,927 | 16,401 | 42 | 93 |
Evansville-Henderson IN-KY MSA | 3,751 | 3,443 | 87 | 94 |
Terre Haute IN MSA | 1,610 | 1,480 | 110 | 95 |
Atlanta GA MSA | 85,353 | 78,540 | 11 | 96 |
Clarksville-Hopkinsville TN-KY MSA | 7,884 | 7,287 | 62 | 97 |
Tuscaloosa AL MSA | 2,073 | 1,918 | 104 | 98 |
Jackson TN MSA | 1,297 | 1,205 | 119 | 99 |
Lexington KY MSA | 8,192 | 7,630 | 65 | 100 |
Goldsboro NC MSA | 1,405 | 1,310 | 117 | 101 |
Little Rock-North Little Rock AR MSA | 8,856 | 8,292 | 64 | 102 |
Waco TX MSA | 2,307 | 2,168 | 107 | 103 |
Cedar Rapids IA MSA | 2,982 | 2,810 | 101 | 104 |
Benton Harbor MI MSA | 2,717 | 2,562 | 105 | 105 |
Waterloo-Cedar Falls IA MSA | 1,463 | 1,382 | 121 | 106 |
Fort Collins-Loveland CO MSA | 7,562 | 7,161 | 78 | 107 |
Jamestown NY MSA | 1,443 | 1,367 | 123 | 108 |
Des Moines IA MSA | 8,638 | 8,185 | 71 | 109 |
Auburn-Opelika AL MSA | 2,440 | 2,313 | 112 | 110 |
Grand Junction CO MSA | 2,637 | 2,500 | 109 | 111 |
Columbus OH MSA | 25,332 | 24,072 | 49 | 112 |
Anniston AL MSA | 1,255 | 1,195 | 126 | 113 |
Flagstaff AZ-UT MSA | 2,223 | 2,127 | 116 | 114 |
Amarillo TX MSA | 2,555 | 2,446 | 114 | 115 |
Norfolk-Virginia Beach-Newport News VA-NC | 30,574 | 29,287 | 48 | 116 |
Harrisburg-Lebanon-Carlisle PA MSA | 8,034 | 7,714 | 85 | 117 |
Casper WY MSA | 1,388 | 1,334 | 127 | 118 |
Indianapolis IN MSA | 25,408 | 24,517 | 53 | 119 |
Rocky Mount NC MSA | 1,286 | 1,245 | 128 | 120 |
Rapid City SD MSA | 2,238 | 2,173 | 124 | 121 |
Wichita KS MSA | 7,474 | 7,264 | 97 | 122 |
Eugene-Springfield OR MSA | 5,709 | 5,554 | 106 | 123 |
Fort Wayne IN MSA | 6,389 | 6,221 | 102 | 124 |
Kansas City MO-KS MSA | 28,181 | 27,605 | 63 | 125 |
Huntington-Ashland WV-KY-OH MSA | 3,064 | 3,003 | 125 | 126 |
Montgomery AL MSA | 4,850 | 4,758 | 120 | 127 |
Columbus GA-AL MSA | 4,962 | 4,869 | 118 | 128 |
Lafayette IN MSA | 2,684 | 2,651 | 130 | 129 |
McAllen-Edinburg-Mission TX MSA | 3,821 | 3,787 | 129 | 130 |
Wichita Falls TX MSA | 1,818 | 1,803 | 131 | 131 |
Great Falls MT MSA | 1,528 | 1,516 | 132 | 132 |
Victoria TX MSA | 526 | 522 | 134 | 133 |
Gadsden AL MSA | 945 | 939 | 133 | 134 |
Muncie IN MSA | 1,116 | 1,114 | 135 | 135 |
Topeka KS MSA | 1,882 | 1,887 | 136 | 136 |
Rochester MN MSA | 2,577 | 2,585 | 137 | 137 |
Birmingham AL MSA | 11,123 | 11,172 | 148 | 138 |
Canton-Massillon OH MSA | 3,632 | 3,654 | 140 | 139 |
Chico-Paradise CA MSA | 1,824 | 1,837 | 138 | 140 |
Washington-Baltimore DC-MD-VA-WV CMSA | 129,862 | 131,078 | 238 | 141 |
Glens Falls NY MSA | 1,435 | 1,452 | 139 | 142 |
New London-Norwich CT-RI MSA | 3,756 | 3,801 | 144 | 143 |
Brownsville-Harlingen-San Benito TX MSA | 2,125 | 2,156 | 141 | 144 |
Saginaw-Bay City-Midland MI MSA | 3,225 | 3,292 | 151 | 145 |
Cheyenne WY MSA | 2,443 | 2,498 | 150 | 146 |
Seattle-Tacoma-Bremerton WA CMSA | 70,978 | 72,699 | 249 | 147 |
Dubuque IA MSA | 1,273 | 1,304 | 142 | 148 |
Allentown-Bethlehem-Easton PA MSA | 8,254 | 8,468 | 179 | 149 |
Jacksonville NC MSA | 5,577 | 5,733 | 167 | 150 |
Hattiesburg MS MSA | 1,563 | 1,608 | 145 | 151 |
Spokane WA MSA | 7,819 | 8,064 | 183 | 152 |
Lewiston-Auburn ME MSA | 1,075 | 1,110 | 143 | 153 |
Richland-Kennewick-Pasco WA MSA | 3,046 | 3,148 | 160 | 154 |
St. Cloud MN MSA | 1,528 | 1,581 | 149 | 155 |
Duluth-Superior MN-WI MSA | 2,745 | 2,841 | 159 | 156 |
Pocatello ID MSA | 1,260 | 1,306 | 146 | 157 |
Louisville KY-IN MSA | 13,310 | 13,837 | 214 | 158 |
York PA MSA | 5,185 | 5,392 | 177 | 159 |
Davenport-Moline-Rock Island IA-IL MSA | 4,404 | 4,603 | 174 | 160 |
Pittsfield MA MSA | 1,007 | 1,054 | 147 | 161 |
Grand Rapids-Muskegon-Holland MI MSA | 11,480 | 12,037 | 218 | 162 |
Eau Claire WI MSA | 1,709 | 1,800 | 158 | 163 |
La Crosse WI-MN MSA | 1,521 | 1,607 | 155 | 164 |
Dayton-Springfield OH MSA | 10,278 | 10,888 | 222 | 165 |
Lincoln NE MSA | 3,685 | 3,911 | 181 | 166 |
Green Bay WI MSA | 2,404 | 2,555 | 164 | 167 |
Appleton-Oshkosh-Neenah WI MSA | 3,495 | 3,718 | 180 | 168 |
Owensboro KY MSA | 1,094 | 1,164 | 153 | 169 |
Colorado Springs CO MSA | 18,662 | 19,868 | 237 | 170 |
Denver-Boulder-Greeley CO CMSA | 63,244 | 67,354 | 265 | 171 |
Kokomo IN MSA | 937 | 1,006 | 152 | 172 |
Parkersburg-Marietta WV-OH MSA | 1,421 | 1,526 | 161 | 173 |
Scranton--Wilkes-Barre--Hazleton PA MSA | 5,485 | 5,919 | 208 | 174 |
Williamsport PA MSA | 908 | 980 | 154 | 175 |
Madison WI MSA | 7,788 | 8,420 | 223 | 176 |
Providence-Fall River-Warwick RI-MA MSA | 14,654 | 15,887 | 239 | 177 |
Columbia MO MSA | 2,732 | 2,967 | 182 | 178 |
Burlington VT MSA | 3,249 | 3,529 | 191 | 179 |
Salt Lake City-Ogden UT MSA | 21,675 | 23,555 | 251 | 180 |
South Bend IN MSA | 3,755 | 4,082 | 196 | 181 |
Mansfield OH MSA | 1,356 | 1,478 | 163 | 182 |
Corvallis OR MSA | 1,295 | 1,412 | 162 | 183 |
Sheboygan WI MSA | 994 | 1,084 | 157 | 184 |
Portland-Salem OR-WA CMSA | 40,392 | 44,051 | 261 | 185 |
Lake Charles LA MSA | 2,090 | 2,283 | 173 | 186 |
Cincinnati-Hamilton OH-KY-IN CMSA | 22,081 | 24,130 | 253 | 187 |
Youngstown-Warren OH MSA | 5,029 | 5,512 | 211 | 188 |
Johnstown PA MSA | 1,584 | 1,738 | 166 | 189 |
Altoona PA MSA | 915 | 1,004 | 156 | 190 |
Kalamazoo-Battle Creek MI MSA | 5,160 | 5,669 | 213 | 191 |
Omaha NE-IA MSA | 11,339 | 12,462 | 235 | 192 |
Corpus Christi TX MSA | 3,418 | 3,767 | 198 | 193 |
Tallahassee FL MSA | 3,768 | 4,169 | 203 | 194 |
Charleston WV MSA | 2,484 | 2,750 | 188 | 195 |
Minneapolis-St. Paul MN-WI MSA | 37,755 | 41,949 | 266 | 196 |
Janesville-Beloit WI MSA | 1,836 | 2,048 | 178 | 197 |
Athens GA MSA | 2,262 | 2,528 | 189 | 198 |
Lansing-East Lansing MI MSA | 4,621 | 5,168 | 216 | 199 |
Lafayette LA MSA | 3,401 | 3,806 | 204 | 200 |
Sioux City IA-NE MSA | 1,525 | 1,709 | 171 | 201 |
Albuquerque NM MSA | 11,441 | 12,826 | 243 | 202 |
Lancaster PA MSA | 4,558 | 5,134 | 220 | 203 |
St. Louis MO-IL MSA | 27,576 | 31,110 | 259 | 204 |
Alexandria LA MSA | 1,107 | 1,263 | 168 | 205 |
Cleveland-Akron OH CMSA | 25,569 | 29,299 | 262 | 206 |
Steubenville-Weirton OH-WV MSA | 1,278 | 1,465 | 172 | 207 |
Gainesville FL MSA | 3,640 | 4,192 | 217 | 208 |
Lawrence KS MSA | 1,699 | 1,958 | 187 | 209 |
Wausau WI MSA | 1,082 | 1,252 | 169 | 210 |
Pittsburgh PA MSA | 22,250 | 25,818 | 260 | 211 |
Springfield IL MSA | 1,987 | 2,309 | 195 | 212 |
Fayetteville NC MSA | 6,679 | 7,768 | 234 | 213 |
Decatur IL MSA | 1,020 | 1,191 | 170 | 214 |
Redding CA MSA | 1,761 | 2,058 | 192 | 215 |
Albany-Schenectady-Troy NY MSA | 9,371 | 10,960 | 248 | 216 |
Detroit-Ann Arbor-Flint MI CMSA | 48,910 | 57,283 | 268 | 217 |
Philadelphia-Wilmington-Atlantic City PA-NJ-DE-MD CMSA | 61,234 | 71,735 | 271 | 218 |
Peoria-Pekin IL MSA | 3,582 | 4,232 | 225 | 219 |
San Luis Obispo-Atascadero-Paso Robles CA MSA | 2,383 | 2,816 | 207 | 220 |
Sharon PA MSA | 1,085 | 1,285 | 175 | 221 |
Bloomington-Normal IL MSA | 1,903 | 2,255 | 199 | 222 |
Bismarck ND MSA | 1,363 | 1,619 | 184 | 223 |
Memphis TN-AR-MS MSA | 13,705 | 16,317 | 256 | 224 |
Miami-Fort Lauderdale FL CMSA | 43,534 | 52,079 | 269 | 225 |
Springfield MA MSA | 5,974 | 7,157 | 236 | 226 |
Anchorage AK MSA | 4,708 | 5,663 | 231 | 227 |
Jackson MI MSA | 1,307 | 1,573 | 190 | 228 |
Bloomington IN MSA | 1,833 | 2,208 | 201 | 229 |
Toledo OH MSA | 6,212 | 7,502 | 240 | 230 |
Pueblo CO MSA | 2,005 | 2,422 | 205 | 231 |
Salinas CA MSA | 2,763 | 3,357 | 221 | 232 |
Wheeling WV-OH MSA | 1,193 | 1,450 | 186 | 233 |
Lima OH MSA | 1,175 | 1,431 | 185 | 234 |
Syracuse NY MSA | 6,733 | 8,208 | 246 | 235 |
Fargo-Moorhead ND-MN MSA | 3,315 | 4,050 | 230 | 236 |
Binghamton NY MSA | 2,534 | 3,105 | 219 | 237 |
Elmira NY MSA | 891 | 1,097 | 176 | 238 |
Grand Forks ND-MN MSA | 1,306 | 1,611 | 193 | 239 |
Boston-Worcester-Lawrence MA-NH-ME-CT CMSA | 64,266 | 79,507 | 273 | 240 |
Jackson MS MSA | 4,168 | 5,158 | 232 | 241 |
Hartford CT MSA | 12,439 | 15,424 | 258 | 242 |
Milwaukee-Racine WI CMSA | 15,449 | 19,269 | 263 | 243 |
El Paso TX MSA | 7,421 | 9,261 | 250 | 244 |
Yakima WA MSA | 1,451 | 1,812 | 200 | 245 |
Santa Barbara-Santa Maria-Lompoc CA MSA | 2,881 | 3,601 | 229 | 246 |
Sacramento-Yolo CA CMSA | 17,147 | 21,488 | 267 | 247 |
Utica-Rome NY MSA | 2,125 | 2,666 | 215 | 248 |
Elkhart-Goshen IN MSA | 1,854 | 2,328 | 210 | 249 |
San Francisco-Oakland-San Jose CA CMSA | 57,574 | 72,333 | 272 | 250 |
San Diego CA MSA | 33,406 | 42,080 | 270 | 251 |
Rochester NY MSA | 9,850 | 12,416 | 255 | 252 |
State College PA MSA | 1,527 | 1,950 | 206 | 253 |
Erie PA MSA | 2,353 | 3,011 | 226 | 254 |
Buffalo-Niagara Falls NY MSA | 9,557 | 12,232 | 257 | 255 |
Iowa City IA MSA | 2,268 | 2,906 | 224 | 256 |
Shreveport-Bossier City LA MSA | 4,515 | 5,813 | 241 | 257 |
Fresno CA MSA | 4,856 | 6,350 | 247 | 258 |
Champaign-Urbana IL MSA | 2,275 | 2,977 | 228 | 259 |
Merced CA MSA | 1,057 | 1,397 | 197 | 260 |
New Orleans LA MSA | 11,942 | 15,919 | 264 | 261 |
Monroe LA MSA | 1,359 | 1,815 | 209 | 262 |
Yuba City CA MSA | 1,126 | 1,512 | 202 | 263 |
Reading PA MSA | 2,867 | 3,866 | 233 | 264 |
Baton Rouge LA MSA | 5,821 | 7,900 | 254 | 265 |
Chicago-Gary-Kenosha IL-IN-WI CMSA | 80,688 | 110,137 | 274 | 266 |
Rockford IL MSA | 3,743 | 5,134 | 244 | 267 |
Pine Bluff AR MSA | 396 | 547 | 165 | 268 |
Stockton-Lodi CA MSA | 3,723 | 5,187 | 245 | 269 |
Laredo TX MSA | 789 | 1,102 | 194 | 270 |
Visalia-Tulare-Porterville CA MSA | 1,725 | 2,417 | 227 | 271 |
Bakersfield CA MSA | 4,757 | 6,750 | 252 | 272 |
Houma LA MSA | 1,153 | 1,639 | 212 | 273 |
Los Angeles-Riverside-Orange County CA | 108,453 | 157,563 | 275 | 274 |
Modesto CA MSA | 2,271 | 3,646 | 242 | 275 |
New York-Northern New Jersey-Long Island NY-NJ-CT-PA | 144,975 | 237,760 | 276 | 276 |
Metro Movers
The northern New Jersey and New York City metropolitan areas persist in maintaining their status as the largest declining Metropolitan Statistical Areas (MSAs) in the United States. Meanwhile, California accounts for 50% of the MSAs ranked in the bottom 10.
Moving Out Of
New York
Moving Out Of
California
Tracking Move-Out Routes From NY & CA
With New York and California losing more residents yearly, we wondered what other states were attracting former Manhattanites and LA residents.
Here are the top 10 move-out routes from those states.
From New York to…
Move-out Routes | Moves |
---|---|
NY -> FL | 41,095 |
NY -> NJ | 23,506 |
NY -> CA | 15,473 |
NY -> PA | 14,156 |
NY -> TX | 13,514 |
NY -> NC | 12,821 |
NY -> CT | 9,952 |
NY -> VA | 8,170 |
NY -> GA | 8,072 |
NY -> SC | 7,311 |
From California to…
Move-out Routes | Moves |
---|---|
CA -> TX | 40,172 |
CA -> AZ | 24,884 |
CA -> FL | 23,731 |
CA -> NV | 21,515 |
CA -> WA | 19,391 |
CA -> OR | 14,709 |
CA -> NY | 13,835 |
CA -> CO | 11,868 |
CA -> TN | 11,187 |
CA -> NC | 11,022 |
In 2023, we saw a few migration patterns take hold. Here are the most frequent out-of-state new mover routes of the year.
CONCLUSION
There is still an appetite for new homebuyers. Overall, the noteworthy migration pattern transitioned from frequent to status quo, primarily influenced by the pronounced rise in housing costs and interest rates. While lifestyle considerations undoubtedly play a role in new mover decisions, the predominant driving force in the broader new mover market is unmistakably financial in nature.
As we begin to move toward the prospects of 2024, our key take away is that there is still a high demand for new home buyers that are likely just biding their time. Once we see interest rates and home prices begin to take strides to normalize, we expect another surge of new home buyers will jump in. Which means that as marketers, now might be the perfect time to hone your new mover marketing strategy for the year ahead so that you are able to capitalize on the inevitable surge of new movers coming to a city near you!
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