Although the territory of Transcarpathia, the westernmost county of Ukraine, is located relatively far from the focal points of the combat operations of the Russia-Ukraine war, the everyday lives of the region’s inhabitants have undergone profound transformations since February 2022. While several hundred thousand internally displaced persons arrived and settled in the oblast, a substantial segment of the Hungarian population has responded to the introduction of martial law and the ensuing economic hardships by emigrating. However, a considerable number of Transcarpathian Hungarians have chosen to remain in their homeland despite the challenges of wartime conditions. The present study focuses on the situation of the latter community by: (1) outlining the most important socio-demographic changes taking place in the region; (2) examining the coping strategies of the Transcarpathian Hungarian community under wartime circumstances, the underlying factors shaping migration decisions, and the main motivations for remaining in their homeland; and (3) analyzing the effects of the influx of internally displaced persons on local society and the evolution of interethnic relations. Based on the findings of our empirical research, it can be concluded that the key to remaining in one’s homeland lies in the continuous adaptation and reconfiguration of family coping strategies in response to rapidly changing circumstances. It can also be observed that, while emigration has been the primary factor reducing the number of Transcarpathian Hungarians over the past decades, since 2022 both the scale and nature of migration have shifted considerably, posing new social challenges for the community that has remained at home.