Pennington, NJ Housing Market
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Pennington Migration & Relocation Trends
In Sep '24 - Nov '24, 29% of Pennington homebuyers searched to move out of Pennington, while 71% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Pennington from outside metros.
- San Francisco homebuyers searched to move into Pennington more than any other metro followed by Seattle and Gainesville.
Where are people moving to Pennington from?
- 71% of Pennington homebuyers searched to stay within the Pennington metropolitan area.
- Miami was the most popular destination among Pennington homebuyers followed by Boston and Philadelphia.
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 | Sep '24 - Nov '24 | ||
1 | 179 | ||
2 | 44 | ||
3 | 35 | ||
4 | 10 | ||
5 | 8 | ||
6 | 4 | ||
7 | 4 | ||
8 | 3 | ||
9 | 3 | ||
10 | 3 |
People are leaving Pennington for
Outbound | Net outflow | ||
---|---|---|---|
Metros | Sep '24 - Nov '24 | ||
1 | 4,605 | ||
2 | 4,152 | ||
3 | 4,074 | ||
4 | 2,027 | ||
5 | 2,017 | ||
6 | 1,999 | ||
7 | 1,885 | ||
8 | 1,678 | ||
9 | 1,287 | ||
10 | 1,265 |
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.