Top 5 US Housing Markets for International Homebuyers: A Guide to Investing in Coastal and Warm Climates
The U.S. housing market has always been a popular destination for international homebuyers, with millions of dollars being spent on residential properties across the country. However, some cities have a bigger draw than others. According to recent data from Realtor.com, foreign buyers are more likely to purchase homes in coastal regions and warm climates. Here are the top five U.S. housing markets for international homebuyers:
- Miami, Florida: With its year-round warm weather and thriving nightlife, Miami is no surprise at the top of the list for international homebuyers. Miami took 8.7% of the international traffic share, and the median home listing price in the area was $635,000. However, buyers should be aware that the cost of living in Miami is 19% higher than the national average and 15% higher than the state average.
- New York, New York: The second highest share of international traffic went to New York City, which took 4.9% of the international traffic share in the first quarter of 2025. The median home listing price in May 2025 was $868,000, and the city is currently considered a “buyer’s market” due to the supply of homes exceeding demand. However, the cost of living in the area is well above the average in the U.S.
- Los Angeles, California: The bright lights of Los Angeles attracted 4.6% of the international traffic share, with a median listing home price of $1.2 million in May 2025. The high cost of living in the City of Angels is 61% higher than the average in the U.S., according to Best Places.
- Orlando, Florida: Another top-ranking area for international buyers is Orlando, which captured 2.9% of the international traffic share. Attracted by the warm climate, low cost of living, and absence of state income tax, international buyers have consistently sought properties in the Sunshine State. The median listing home price in the area was $394,700, and both buyers and sellers can take advantage of low home prices that sell in around 60 days.
- Dallas, Texas: Rounding out the top five housing markets for international buyers is Dallas, which took 2.8% of the international traffic share. Located in the heart of the Lone Star State, Dallas is known for its great BBQ, southern charm, and vibrant music scene. The median listing home price was $449,500, and the cost of living is only 0.2% higher than the national average. In conclusion, while these five cities are popular destinations for international homebuyers, both domestic and foreign buyers should be aware of the high cost of living in some areas. It’s important to weigh the pros and cons before making a decision to purchase a home in these markets.
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