I can find data that points out two trends right now.

1. Decentralized growth into exurbs and rural markets. This is further driven by USDA home loans into those markets, where people can not only afford to live but buy homes 90min or less away from a metropolitan area (but living outside the metro). This move into exurbs and rural markets is reversing a 40 year trend!

2. Movement from major top-5 us cities into smaller cities with a university or two (Knoxville, TN; Boise, ID; and Tulsa, OK are seeing the highest inbound-to-outbound ratios). Major cities like New York and Los Angeles are still seeing net domestic outflows in 2026.