Pennington, NJ Housing Market
Pennington Migration & Relocation Trends
In Jan '24 - Mar '24, 30% of Pennington homebuyers searched to move out of Pennington, while 70% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Pennington from outside metros.
- Peoria homebuyers searched to move into Pennington more than any other metro followed by Springfield and Lincoln.
Where are people moving to Pennington from?
- 70% of Pennington homebuyers searched to stay within the Pennington metropolitan area.
- Miami was the most popular destination among Pennington homebuyers followed by Philadelphia and Washington.
Where are people from Pennington moving to?
Number of People Moving to Pennington
least
most
People are moving to Pennington 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 Pennington 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 Pennington
Learn about the walkability, bikeability, and transit-friendliness of Pennington