The Most Searched Out-of-State Home Destinations
If you’re in the market for a new home, you might be interested to learn what the most popular out-of-state home buying destinations are.
There are a number of reasons you might want to consider moving out of your current area. Higher paying jobs, low home prices, emerging economies, and lower tax rates are all things that draw home buyers to new markets.
Selling your home and buying a new one is a major decision, so it’s important to weigh your options carefully. With that in mind, let’s take a look at a few of the most searched out-of-state home buying destinations, according to Forbes.
1. Charleston, South Carolina
Charleston, South Carolina is one of the most-searched out-of-state home buying destinations largely due to affordable housing and great amenities.
This destination is considered one of the friendliest cities in the country, is home to a number of historical sites, and offers great weather accompanied by great beaches.
The median home price in Charleston$313,700 and the average rent for a studio is $915 per month. On top of affordable housing costs, Charleston has a great job market and great opportunities for education.
2. Boise, Idaho
The second most popular destination for out-of-state home buyers is Boise, Idaho. Boise is particularly attractive to residents of areas like Los Angeles as it offers great scenery, outdoor activities, and lower home prices. As such, this city is very appealing to home buyers looking for an area with a relaxed lifestyle.
Boise’s median home price is $277,100 while the average rent for a studio sits at $604 per month. These affordable housing prices, along with great weather and plenty of amenities, make Boise a great option for out-of-state buyers.
3. Honolulu, Hawaii
The capital of Hawaii is one of the most commonly-searched cities for out-of-state home buyers despite very high housing costs.
Honolulu has a median home price of $677,800 compared to a national median price of $219,700. This makes it the most expensive city on this list.
However, buyers remain interested in this city due to great weather, outdoor activities, safety, high quality of education, and more. While it may be expensive, Honolulu’s other perks make it a great destination for those who can afford it.
4. Columbia, South Carolina
Columbia, South Carolina is the second SC city to make this list due to offering many of the same perks as Charleston.
As the capital of South Carolina, Columbia offers plenty of things to do and is home to the University of South Carolina. Like Charleston, Columbia has favorable weather, a number of historic sites, and is very affordable.
The median home price in Columbia is much lower than the national median at $135,500. This, in addition to solid employment rates, makes Columbia a great destination for out-of-state home buyers.
5. Fort Myers, Florida
Fort Myers, Florida is a fairly small city compared to the others on this list, but still managed to be one of the most searched out-of-state destinations in the country.
The city sits on the Florida Gulf Coast and is famous for its streets lined with palm trees. It is a popular destination for retirees due to its relaxed way of life, great community amenities, and reasonable home prices.
The median home price in Fort Myers, Florida is $215,400, just below the national median home price.
These cities have become some of the most attractive destinations for out-of-state home buyers thanks to great weather, amenities, affordable cost of living, and other great qualities.