Pandemic Increases Importance of Affordability

Americans who moved across state lines in 2021 ended up in urban areas whose median home costs were almost $36,000, or 7.4 percent, less than the urban areas they moved from, according to Zillow. This follows a trend that began in 2020, when interstate movers ended up in areas with $29,500 lower median prices.

Prior to 2020, affordability seemed to be less important an issue. In 2018, the median prices of destination urban areas were only 0.1 percent less than origin areas, and in none of the four years before 2020 were they more than 2.0 percent.

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