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Driven by affordability and a desire to remain within commuting distance, a significant number of New York City residents are looking to purchase homes in nearby states. Recent housing data from the third quarter of 2025 indicates a clear trend: New York State itself is the most popular destination, followed closely by New Jersey and Pennsylvania. The key factors influencing this migration are lower median home prices, more reasonable property taxes, and the ability to maintain a connection to the city.
The primary motivation for New Yorkers considering a move is the significant disparity in housing costs. For example, in September 2025, the median list price in New York City was approximately $760,000. In contrast, the median price in Philadelphia was $384,900, nearly $375,000 less. This financial appeal is compounded by the high cost of living within the five boroughs, making suburban and exurban areas increasingly attractive. Based on our experience assessment, buyers are seeking a more relaxed lifestyle and greater value for their money without completely severing ties to their professional and social networks in the city.
Analysis of listing view data reveals a strong preference for the Tri-State Area and its immediate surroundings. The top destinations based on the share of out-of-city views from NYC residents are:
| State | Share of Listing Views (Q3 2025) | Annual Change |
|---|---|---|
| New York | 14.1% | +1.1% |
| New Jersey | 12.9% | +1.4% |
| Pennsylvania | 10.7% | +1.2% |
| Florida | 10.4% | -1.3% |
New York State remains the most sought-after area, commanding 14.1% of views. New Jersey saw the largest annual increase in interest, climbing 1.4% from the previous year. This trend underscores a preference for staying relatively close, with many buyers focusing on areas like Long Island, Westchester, the Hudson Valley, and New Jersey markets such as Jersey City.
Pennsylvania, particularly the Lehigh Valley region about 90 miles from Manhattan, has become what some industry experts call "a suburb of New York." The attraction is twofold: exceptional affordability and a feasible commute. In September 2025, Pittsburgh, Pennsylvania, boasted one of the nation's most affordable housing markets, with a typical home costing around $254,950. Buyers are drawn to the region's lower cost of living and more reasonable property taxes, allowing them to acquire significantly more square footage for their budget compared to New York City.
While sun-soaked Florida remains a popular destination, data shows a noticeable decline in interest from New York City residents. The share of listing views for Florida properties fell by 1.3% year-over-year. This shift is largely attributed to emerging affordability challenges within Florida, including rising home insurance costs linked to natural disasters and increasing maintenance fees. Despite this decline, some market analysts suggest Florida continues to hold appeal for certain demographics, particularly entrepreneurs and high-income earners seeking tax advantages.
When considering a move, evaluate the total cost of homeownership, including property taxes, insurance, and commuting expenses. The data clearly shows that proximity to New York City remains a top priority for most relocating buyers. Focusing your search on areas within a two-hour commute can provide the best of both worlds: suburban living and urban career access. Ultimately, the decision balances financial savings with lifestyle preferences, and the current trend strongly favors staying close to the New York metropolitan area.
