Millennials Searching for Affordable Homebuying Opportunities in Smaller Cities

A new report from the National Association of Realtors ranked the top homebuying destinations for Millennials.

1 minute read

May 5, 2019, 5:00 AM PDT

By James Brasuell @CasualBrasuell


Madison Bike

Madison, Wisconsin is a popular destination for Millennial homebuyers. | Suzanne Tucker / Shutterstock

"High home prices along with strong demand have today’s youngest homebuyers moving to smaller cities — and that could mean a boom for local economies and home values in those markets," reports Diana Olick.

Olick is sharing news of a new report from the National Association of Realtors, which "ranked the top millennial housing markets based on both their high share of current young residents and of millennials moving in."

The cities listed in the article as top Millennial destinations: Madison, Wisconsin; Oklahoma City, Oklahoma; Grand Rapids, Michigan; Omaha, Nebraska; Durham, North Carolina; El Paso, Texas; and Salt Lake City, Utah. "Even some pricey markets like Seattle and Denver are getting an influx," according to Olick.

Friday, May 3, 2019 in CNBC

stack of books

Planetizen’s Top Planning Books of 2023

The world is changing, and planning with it.

November 24, 2023 - Planetizen Team

Close-up of 'Red Line Subway Entry' sign with Braille below and train logo above text in Chicago, Illinois.

Chicago Red Line Extension Could Transform the South Side

The city’s transit agency is undertaking its biggest expansion ever to finally bring rail to the South Side.

November 24, 2023 - The Architect's Newspaper

Diagram of visibility at urban intersection.

How ‘Daylighting’ Intersections Can Save Lives

Eliminating visual obstructions can make intersections safer for all users.

November 27, 2023 - Strong Towns

Bus passengers boarding an orange Los Angeles Metro bus on Sunset Boulevard.

LA Pledges to Add Thousands of New Bus Stop Shelters

The city’s bus riders will finally get some relief from sun and rain.

November 30 - Urbanize Los Angeles

Green Paris Texas city limit sign with population.

How Paris, Texas Became a ‘Unicorn’ for Rural Transit

A robust coalition of advocates in the town of 25,000 brought together the funding and resources to launch a popular bus service that some residents see as a mobility lifeline—and a social club.

November 30 - Texas Monthly

Red San Diego Trolley light rail train at station with passengers walking on platform and Spanish-style dome building in background.

San Diego Trolley Nation’s Most Popular Light Rail

The system's ridership benefited from an extension project and free transit for youth.

November 30 - Axios

News from HUD User

HUD's Office of Policy Development and Research

New Updates on PD&R Edge

HUD's Office of Policy Development and Research

"Rethinking Commuter Rail" podcast & Intercity Bus E-News

Chaddick Institute at DePaul University

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.