millennial home buying trends

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Millennial Home Buying Trends Apr 2026

Younger Millennials (ages 29–35) make up the bulk of first-time buyers .

: Millennials carry massive student loan burdens . Those with student loans take an average of seven years longer to buy a home than those without . millennial home buying trends

: Over half of all millennials are now homeowners . Younger Millennials (ages 29–35) make up the bulk

: Permanent remote and hybrid work environments allow millennials to look outside of expensive coastal tech hubs . : Over half of all millennials are now homeowners

: Over 50% cited the desire for a larger home as their primary motivator . This is heavily driven by delayed family formation and raising children .

: Watching property values skyrocket has motivated millennials to view real estate as the most reliable vehicle for building long-term equity . 🚧 Major Barriers to Ownership

: The typical first-time millennial buyer is now 36 years old . This is notably older than previous generations at the exact same life milestone . The Older vs. Younger Split :

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