Primary residence buyers; real estate purchased between July 2023 and June 2024
Method of interview
Online survey
Supplementary notes
Generation Z - 18 to 25 years Younger Millennials - 26 to 34 years Older Millennials - 35 to 44 years Generation X - 45 to 59 years Younger Boomers -60 to 69 years Older Boomers -70 to 78 years Silent Generation - 79 to 99 years
Citation formats
Main reason for timing of home purchase in the U.S. 2024, by generation
About ** percent of younger millennials (ages 26 to 34) bought a house in the United States in 2024 because they desired to have their own home, compared to ** percent of the older millennials. For the older generations, like the older boomers (ages 70 to 78) and the silent generation (ages 79 to 99), the main reason for purchasing homes in 2024 was to move closer to family, friends, and relatives.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
National Association of Realtors. (April 1, 2025). Main reason for timing of home purchase in the United States in 2024, by generation [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/448321/reason-for-timing-of-home-purchase-usa-by-generation/
National Association of Realtors. "Main reason for timing of home purchase in the United States in 2024, by generation." Chart. April 1, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/448321/reason-for-timing-of-home-purchase-usa-by-generation/
National Association of Realtors. (2025). Main reason for timing of home purchase in the United States in 2024, by generation. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/448321/reason-for-timing-of-home-purchase-usa-by-generation/
National Association of Realtors. "Main Reason for Timing of Home Purchase in The United States in 2024, by Generation." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 1 Apr 2025, /statistics/448321/reason-for-timing-of-home-purchase-usa-by-generation/
National Association of Realtors, Main reason for timing of home purchase in the United States in 2024, by generation ÌÇÐÄÆƽâ°æ, /statistics/448321/reason-for-timing-of-home-purchase-usa-by-generation/ (last visited July 28, 2026)
Main reason for timing of home purchase in the United States in 2024, by generation [Graph], National Association of Realtors, April 1, 2025. [Online]. Available: /statistics/448321/reason-for-timing-of-home-purchase-usa-by-generation/
