10 hottest housing markets for out-of-town homebuyers

Affordability hurdles for homebuyers are pushing consumers further from costly housing markets and into cities with more favorable conditions.

Metropolitan areas seeing an influx of migration are big cities that still have relatively affordable homes and strong job markets, according to a Redfin report.

Conversely, costly coastal metros, like San Francisco and New York, are experiencing the greatest net outflow of residents. Cities where consumers are moving to have property values around $150,000 below areas seeing migration losses.

Here’s a look at 10 housing markets where buyers are looking to move — and the high-cost markets they're fleeing.

The data is based on a Redfin analysis of more than 1 million home listing searches across 75 metros during the third quarter. Net inflow and outflow were calculated by taking the number of users looking to leave a metro area and subtracting the number of users looking to move to the city or to another metro area.

NMN101818-sacramento.jpg
Sacramento, Calif.
Net inflow: 7,029
Top origin: San Francisco
Top out-of-state origin: Las Vegas
Share of searches from nonresidents: 42.5%
Atlanta
Atlanta, Ga.
Net inflow: 5,466
Top origin: New York
Share of searches from nonresidents: 26.5%
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Phoenix, Ariz.
Net inflow: 5,258
Top origin: Los Angeles
Share of searches from nonresidents: 32.4%
Portland, Ore.
Portland, Ore.
Net inflow: 3,904
Top origin: San Francisco
Share of searches from nonresidents: 18.7%
San Diego
San Diego, Calif.
Net inflow: 3,206
Top origin: Los Angeles
Top out-of-state origin: New York
Share of searches from nonresidents: 24.8%
NMN011018-miami.jpg
Miami, Fla.
Net inflow: 3,019
Top origin: Orlando
Top out-of-state origin: New York
Share of searches from nonresidents: 28%
Austin, Texas
Austin, Texas
Net inflow: 2,983
Top origin: San Francisco
Share of searches from nonresidents: 27.5%
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Tampa, Fla.
Net inflow: 2,811
Top origin: Miami
Top out-of-state origin: Washington
Share of searches from nonresidents: 51%
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Dallas, Texas
Net inflow: 2,741
Top origin: Los Angeles
Share of searches from nonresidents: 22.5%
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Nashville, Tenn.
Net inflow: 2,603
Top origin: New York
Share of searches from nonresidents: 32.8%