It is difficult to quantify just how many people are moving to North Carolina and the Wilmington area from out west. But anecdotally, I feel like I am constantly meeting people who recently transplanted from California or Arizona.

California saw a mass exodus of people in 2020 thanks to the high cost of living, lack of affordable housing, job opportunities, and several other factors.

United Van Lines’ annual moving study showed California had more people move outbound than inbound in 2021, (nearly 60 percent outbound and 40 percent inbound). Of the reasons cited for outbound moves, 34 percent said they left because of family and 26 percent said they left because of jobs. 

In North Carolina, we had the exact opposite — more inbound moves (nearly 60 percent) than outbound (40 percent). These inbound moves were the majority for family moves (31 percent) and job transfers (28 percent). 

The Climate Factor

So while jobs, family, and cost of living are more documented reasons for the western exodus, there may be one more, less discussed factor. In local real estate circles, we are noticing some moving because of climate change. We’ve all seen wildfires sweep across parts of the west, especially California, with a new vengeance. It’s our belief we will continue to see a migration to the east coast in search of water. Between the ocean and the river, we have plenty here. 

Cost is an Underrated Driver

The inbound moves to NC based on cost accounted for 10 percent of the moves. Even though the cost might not have been the primary driver, I think cost is always a factor at play, especially in real estate.

Let’s break down what you can find in coastal California versus coastal North Carolina:

Under $700k in Hampstead, new construction

You can score a 4 bedroom, 4 bathroom newly constructed home in Hampstead for just under $700K ($691K). This 2,884 square feet home comes with neighborhood amenities, .7 acres of yard, and a garage.

Under $900k in San Diego

There were not many options under $900k in the greater San Diego area with four bedrooms and four bathrooms. We found this home in San Diego with 5 bedrooms and 4 baths at $899k. The home was built in 2003, has a garage, and 4,558 square feet. 

It’s easy to see that in coastal North Carolina, you just get more bang for your buck.

Want to see more coastal North Carolina listings? View my listings here.