New Providence, NJ Housing Market
New Providence Migration & Relocation Trends
In Jan '24 - Mar '24, 30% of New Providence homebuyers searched to move out of New Providence, while 70% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into New Providence from outside metros.
- Peoria homebuyers searched to move into New Providence more than any other metro followed by Springfield and Lincoln.
Where are people moving to New Providence from?
- 70% of New Providence homebuyers searched to stay within the New Providence metropolitan area.
- Miami was the most popular destination among New Providence homebuyers followed by Philadelphia and Washington.
Where are people from New Providence moving to?
Number of People Moving to New Providence
least
most
People are moving to New Providence from
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 6 | ||
2 | 5 | ||
3 | 5 | ||
4 | 2 | ||
5 | 2 | ||
6 | 1 | ||
7 | 1 | ||
8 | 0 | ||
9 | 0 | ||
10 | 0 |
People are leaving New Providence for
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 6,754 | ||
2 | 4,058 | ||
3 | 3,185 | ||
4 | 2,755 | ||
5 | 2,367 | ||
6 | 2,152 | ||
7 | 1,814 | ||
8 | 1,636 | ||
9 | 1,547 | ||
10 | 1,491 |
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Transportation in New Providence
Learn about the walkability, bikeability, and transit-friendliness of New Providence