This is according to a Redfin analysis of data from climate-data startup ClimateCheck, county property records and the
"People have been gravitating to places with severe climate risk because many of these areas are relatively affordable, have lower property taxes, more housing options or access to nature," said Redfin Economist
Places with relatively low climate risk have experienced the opposite trend: population decline. The 50 counties with the lowest share of homes facing high heat risk saw their populations decrease by an average of 1.4% from 2016 through 2020 due to negative net migration. Meanwhile, the 50 counties with the smallest percentage of homes facing high drought, fire and flood risk experienced average migration-driven population declines of 1.1%, 1.2% and 1.1%, respectively. Bucking the trend were the 50 counties with the lowest share of homes facing high storm risk, which experienced 0.9% population growth.
Of the 50 counties with the largest share of properties facing high heat risk, 40 had median sale prices below the national level (
A February Redfin survey found that the increasing frequency or intensity of natural disasters was a consideration for almost half of respondents who planned to move in the next year. Redfin now publishes climate-risk data for every location page on its website to help house hunters make more informed decisions.
To read the full report, including data on the top counties at risk of high heat, drought, fire, flood and storm, as well as additional charts and graphs, please visit: https://www.redfin.com/news/climate-migration-real-estate-2021/
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For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the
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