Millennial Home Buying Trends Today

: Sky-high rent costs and general inflation make saving the traditional 20% down payment nearly impossible for many .

: An overwhelming 74% of millennials still view homeownership as a core component of the American Dream . millennial home buying trends

. Despite facing heavy financial constraints, this generation has officially transitioned into a homeowner-majority demographic, with the overall millennial homeownership rate reaching 55.4% . : Sky-high rent costs and general inflation make

: 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 : millennial home buying trends