Buyers Want Big Homes, These Metros Offer the Most

It’s clear buyers need and want more space to accommodate their new normal lifestyles, whether it be private outdoor space, home offices, gyms, or even homeschooling areas. McMansions fell from grace but these oversized homes from the ‘80s and ‘90s are back, reports Realtor.com. Homes sized at 4,000 square feet and up sold faster in more than 70% of the country’s largest metros in February compared to the same time last year. Realtor.com looked at the data to find the metros with the largest share of sizable homes. Provo, UT came in first place with the most massive homes for sale.

1. Provo, UT

Median list price for homes 4,000 square feet and above: $1.04 million

Less than an hour from Salt Lake City, Provo has experienced a tech boom in recent years. It's little surprise that, with remote work having become the norm for many white-collar workers, more are deciding to make the move from the West Coast to this lower-priced metro.

For example, the median home price was $1.2 million in Silicon Valley's San Jose, CA, in February and $599,000 in Salt Lake City compared with $541,950 in Provo. Hey, if you can work from anywhere, why not save some dough?

The area's large Mormon population is also spurring demand for larger homes. Mormons tend to have more children than other religious groups in the U.S., according to a 2015 Pew Research Center report—an average of 3.4 children, compared with 2.1 for all Americans. After a year of living in close quarters, many of these families are clamoring for some extra breathing room.

While inventory is tight, prospective buyers can snag this seven-bed, 3.5-bath manse in the Foothill Park neighborhood for $819,900. It boasts a grand master bedroom with an attached office for people who just need to shut the door and get to work with limited distractions.

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