COVID-19 brought massive changes to the American way of life; possibly none greater than the dynamics of work life and the housing market. Remote work suddenly brought more flexibility into the equation while many large metro areas became priced out-of-reach.
The upstart of this is that many young home buyers, age 25-44 are moving to small towns and more rural areas in search of affordable housing. In fact, the 2020s have seen an increase in population in small metro areas of 63%. Where are they moving to? The following list includes the median home price of the top ten destinations:
- Jefferson, GA – $481,900
- Prineville, OR – $499,500
- Sandpoint, ID – $727,600
- Pahrump, NV – $429,500
- Homosassa Springs, FL – $273,900
- Fernley, NV – $408,500
- Clewiston, FL – $445,000
- The Villages, FL – $379,900
- Punta Gorda, FL – $415,000
- Granbury, TX – $425,000