Preakness, NJ Housing Market

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Preakness Migration & Relocation Trends
In Dec '24 - Feb '25, 30% of Preakness homebuyers searched to move out of Preakness, while 70% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Preakness from outside metros.
- San Francisco homebuyers searched to move into Preakness more than any other metro followed by Seattle and Los Angeles.
Where are people moving to Preakness from?
- 70% of Preakness homebuyers searched to stay within the Preakness metropolitan area.
- Miami was the most popular destination among Preakness homebuyers followed by Philadelphia and Boston.
Where are people from Preakness moving to?
Number of People Moving to Preakness
least
most
People are moving to Preakness from
Inbound | Net inflow | ||
---|---|---|---|
Metros | Dec '24 - Feb '25 | ||
1 | 198 | ||
2 | 74 | ||
3 | 64 | ||
4 | 18 | ||
5 | 11 | ||
6 | 5 | ||
7 | 4 | ||
8 | 3 | ||
9 | 3 | ||
10 | 3 |
People are leaving Preakness for
Outbound | Net outflow | ||
---|---|---|---|
Metros | Dec '24 - Feb '25 | ||
1 | 5,524 | ||
2 | 4,297 | ||
3 | 3,510 | ||
4 | 2,469 | ||
5 | 1,894 | ||
6 | 1,883 | ||
7 | 1,663 | ||
8 | 1,471 | ||
9 | 1,351 | ||
10 | 1,214 |
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.