Redfin Identifies Top Exurban Neighborhoods as Americans Seek Affordable Living Near Cities
According to a recent analysis by Redfin, Americans are increasingly moving to exurban areas—those located just outside major metropolitan regions—in search of more affordable housing while maintaining access to urban amenities. This trend, highlighted in a Business Insider report, shows a shift from the post-pandemic movement where people left cities for rural areas. Redfin's data, which examined ZIP codes in the 100 most populous metro areas, revealed that these exurban neighborhoods are gaining popularity due to their balance of affordability, space, and proximity to city amenities. The Midwest, in particular, has seen a significant rise in demand, with six out of the top ten neighborhoods located there. This shift is attributed to a slowdown in migration out of the Midwest, which has increased local demand.