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June 11, 2021

Many Americans moved to less pricey towns in 2020

  • In the Zillow analysis, some of the metropolitan areas that saw the highest net outbound moves last year were Chicago, Los Angeles, New York, San Diego and San Francisco.
  • By ALEX VEIGA
    AP Business Writer

    LOS ANGELES — Many Americans who moved last year relocated to areas where homes were, on average, bigger and less expensive.

    On average, people who moved to a different city in 2020 ended up in a ZIP code where average home values were nearly $27,000 lower than in their previous ZIP code, according to Zillow.


     
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