Top 10 Housing Markets Captivating Foreign Homebuyers in 2025

Have you ever wondered which U.S. cities attract the most attention from international homebuyers? As the housing market evolves, certain U.S. locales have emerged as hotspots for foreign interest in residential properties. According to the latest insights from Realtor.com, the first quarter of 2025 has marked significant trends in global home buying, with Miami, FL, recognized as the front-runner for foreign buyers.

Leading Destinations for Foreign Buyers

In 2025, the top 10 housing markets for international buyers reveal a captivating mix of vibrant cultures, economic opportunities, and lifestyle choices. Collectively, these destinations account for a substantial 46.9% of all international online home shopping interest.

The Magic of Miami

Miami continues to attract foreign buyers, grabbing an impressive 8.7% of international online interest. Here’s why:

• Vibrant Culture: Miami is known for its diverse cultural scene, drawing people from all around the globe.
• Stunning Beaches: The city’s famous beaches offer a desirable lifestyle for sun-seekers.
• No State Income Tax: Florida’s tax benefits make financial sense for many buyers.
• International Connections: A multilingual community helps newcomers integrate smoothly into daily life.

Notable Contenders in the Top 10

While Miami reigns as the top choice, several other cities are also gaining ground:

• New York, NY (4.9%): The allure of unmatched career opportunities and cultural experiences keeps NYC perpetually attractive.
• Los Angeles, CA (4.6%): Known for its entertainment industry, L.A. offers a pleasant climate and diverse lifestyle.
• Orlando, FL (2.9%): Attracts families with its theme parks and growing economic landscape.
• Dallas, TX (2.8%): A booming economy with a lower cost of living attracts both individuals and businesses.
• Houston, TX (2.6%): Known for its energy and healthcare sectors, Houston offers numerous opportunities for international buyers.
• Tampa, FL (2.5%): Provides a relaxed lifestyle with growing investment opportunities in healthcare and technology.
• Phoenix, AZ (2.3%): Affordability and sunny weather lure many buyers from warmer climates.
• Chicago, IL (2.0%): A rich historical and cultural landscape continues to attract foreign interest.
• Riverside, CA (1.5%): Offers affordability while still being close to the amenities of Southern California.

The Texas Surge: Austin and San Antonio Rising

New data highlights notable newcomers—Austin and San Antonio—entering the discussion among international buyers:

• Affordability: Compared to coastal cities, both Austin and San Antonio provide a lower cost of living.
• No State Income Tax: Attracts both individuals and businesses.
• Strong Job Market: Texas’ pro-business environment continues to draw talent and investment.
• Diverse Culture: A blend of rich history and modern amenities appeals to various demographics.

Shifting Dynamics: Challenges for Western Markets

While cities like San Francisco and Las Vegas have historically attracted buyers, the data shows a decline in their appeal:

• High Housing Costs: Affordability challenges in California discourage international buyers.
• Tech Sector Uncertainty: Volatility in the tech market is impacting San Francisco’s allure.
• Urban Concerns: Issues such as homelessness have caused caution among potential buyers.

The Profile of International Buyers

When examining the demographics of foreign investors, Canada continues to lead as the top source, contributing 34.7% of international inquiries:

• UK (5.7%): Interest remains particularly strong from British buyers documenting potential moves.
• Mexico (5.4%): A close geographic connection leads to strong interest in border cities.
• Germany and Australia: Both countries show increasing participation in the U.S. real estate landscape.

However, the share of Canadian traffic has recently declined, indicating potential shifts influenced by trade relations.

Border Dynamics: Mexican Buyers Favor Familiarity

Mexican homebuyers tend to favor regions close to the border, such as:

• San Diego
• San Antonio
• Dallas
• Houston

This trend reflects practical considerations of culture, family ties, and convenience, solidifying ties with these border communities.

Future Outlook on International Homebuying Trends

Looking ahead, several trends are likely to shape U.S. housing markets for foreign buyers:

• Sun Belt Dominance: Florida and Texas are positioned to retain interest due to favorable climates and economies.
• Economic Stability: Job opportunities and cost of living will remain driving factors.
• Geopolitical Influences: Trade and international relations will continue to impact buyer preferences.
• Connectivity: Cities featuring robust international flight routes will be favored.

For anyone interested in these top markets, understanding international trends can be a game-changer. Tailoring your marketing approach to cater to diverse buyer demographics can lead to increased success in today’s competitive real estate landscape.