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Millennials homeownership in the United States

Statistics report about U.S. millennials and housing

This report presents a range of statistics and facts on millennial homeownership in the United States.

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Table of contents

Overview

7
  • Premium Statistic U.S. population estimates by generation 2010-2023
  • Premium Statistic Homeownership rate in the U.S. 2012-2026
  • Premium Statistic Homeownership rate in the U.S. 2025, by age
  • Premium Statistic Living arrangements of 25-34-year olds in the U.S. 2023, by gender
  • Premium Statistic Living arrangements of 35-64-year olds in the U.S. 2023, by gender
  • Premium Statistic Homebuyer sentiment in the U.S. 2011-2025, by month
  • Premium Statistic Leading metros for millennial homebuyers in the United States in 2022

Homeownership plans

7
  • Premium Statistic First-time home buyers in the U.S. 2024, by age group
  • Premium Statistic Share of millennials expecting to rent in the future in the U.S. 2018-2022
  • Basic Statistic Reasons for millennials to choose renting over buying a home U.S. 2018-2022
  • Premium Statistic Conditions influencing neighborhood choice for home purchase U.S. 2024, by age
  • Premium Statistic Marital status of home buyers in the U.S. 2024, by age group
  • Premium Statistic Size of purchased homes in the U.S. 2024, by age group
  • Premium Statistic Share of people who will buy a home upon next move in the U.S. 2011-2025

Home financing

7
  • Premium Statistic Median income of home buyers in the U.S. 2024, by generation
  • Premium Statistic Major obstacles to saving for a down payment among American homebuyers 2024, by age
  • Premium Statistic Millennial homebuyers: amount saved for down payment in the U.S. 2022
  • Premium Statistic Homeowners behind on mortgage payments in the U.S. 2022-2023, by age
  • Premium Statistic House purchase compared to asking price in the U.S. 2024, by age group
  • Premium Statistic Perceived ease of getting a mortgage in the U.S. 2011-2025
  • Premium Statistic Homebuyers' opinion on mortgage rates in next 12 months U.S. 2011-2025

Home buying process

7
  • Premium Statistic Most difficult steps of the home buying process in the U.S. 2024, by age group
  • Premium Statistic House purchase channels in the U.S. 2024, by age group
  • Premium Statistic Information sources used when looking for a home to purchase in the U.S. 2024, by age
  • Premium Statistic Frequency of internet use for home searching in the U.S. 2022, by age group
  • Premium Statistic Expectations of house buyers from real estate agents in the U.S. 2024, by age group
  • Premium Statistic Actions taken as a result of internet home search in the U.S. 2022, by age group
  • Premium Statistic Most important environmental home features according to U.S. buyers 2024, by age

Renovations

4
  • Basic Statistic Home renovators in the U.S. 2025, by generation
  • Basic Statistic Median home renovation spend in the U.S. 2025, by generation
  • Basic Statistic Home renovation funding sources in the U.S. 2025, by generation
  • Basic Statistic Frequency of different home renovation projects in the U.S. 2022, by generation
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