With six of the top 10 Millennial markets in the South and two each in North Carolina and Texas, the top 10 Millennial markets in ranking order are Austin, Texas; Des Moines, Iowa; Charleston, South Carolina; San Antonio; Atlanta; Providence, Rhode Island; St. Louis; Winston-Salem, North Carolina; Charlotte, North Carolina; and Spokane, Washington.
Migration trends show that as Millennials grapple with affordability amid soaring home prices, many have spread their wings to smaller metros for a shot at homeownership. When compared to the 100 largest metros, the 2022 top Millennial markets are 11% more affordable and offer 19% more homes for sale on average.
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