Over 54% of U.S. homeowners are now aged 55 years and above. Generally speaking, as people age, they move much less often and sell their homes much less frequently, deeply affecting the supply of listings available to buy at any given time.
Percentage of U.S. Homeowners by Age U.S. Census Estimates, 2022*
21.5%
20%
19.2%
18.3%
The median age of homebuyers in 2024 was 56, up from 31 in 1981. The typical home seller was 63 years old. Both are historic highs.**
16.5%
15%
10.9%
10.4%
10%
5%
3.2%
0%
Under 35
35 to 44
45 to 54
55 to 64
65 to 74
75 to 84
85+ Years
Age of Householder, Owner-Occupied Housing Units
*U.S. Census, 2022 1-year ACS estimates, “Demographic Characteristics for Occupied Housing Units. ” Data from sources deemed reliable but may contain errors and subject to revision. All numbers approximate. ** Per National Association of Realtors, 11/2024
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