The homeownership rate was the highest among Americans in their early 70s and the lowest among people in their early 20s in 2024. In that year, approximately **** percent of individuals aged 70 to 74 resided in a residence they owned, compared to approximately ** percent among individuals under the age of 25. On average, **** percent of Americans lived in an owner-occupied home. The homeownership rate was the highest in 2004 but has since declined.
Approximately ** percent of Americans aged 26 to 34 who bought a home were first-home buyers, whereas ** percent of home buyers between 35 and 44 bought their first home in that year. Gen Z and Millennial first-time buyers It is no surprise that many Gen Z (18 to 24 years old) and Millennial (25 to 43 years old) home buyers are mostly first-time home buyers. These home buyers are in the early stages of their careers, or still studying in some cases, and often struggling to repay student debt, so they need to save for many years before they afford a down payment. When do they sell? These generations tend to stay in their first homes for several years, which means that the majority of home sellers are older than them. The share of income needed to afford a trade-up home is significantly lower than the money needed for a starter home. A trade-up home is a larger and more expensive home, which homeowners often buy after living in their starter home, or their first home, for several years. This progression generally happens when homeowners have climbed the career ladder and increased their incomes.
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Graph and download economic data for Consumer Unit Characteristics: Percent Homeowner by Age: from Age 25 to 34 (CXUHOMEOWNLB0403M) from 1990 to 2023 about consumer unit, age, homeownership, 25 years +, percent, and USA.
The majority of the U.S. housing stock was between 42 and 51 years old as of 2021. According to the source, the median year was 1979, meaning that the median house age was 42 years. Housing construction in the U.S. plummeted between 2005 and 2010 and has since been slow to recover.
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Graph and download economic data for Consumer Unit Characteristics: Percent Homeowner without Mortgage by Age: from Age 25 to 34 (CXU980240LB0403M) from 1984 to 2023 about consumer unit, age, homeownership, 25 years +, mortgage, percent, and USA.
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Graph and download economic data for Homeownership Rate in the United States (RHORUSQ156N) from Q1 1965 to Q2 2025 about homeownership, housing, rate, and USA.
The U.S. homeownership rate for householders over 65 years of age fluctuated between **** percent and **** percent since 2011. In the third quarter of 2024, approximately ** percent of people over 65 years of age inhabited an owner-occupied home. This was much higher than the average homeownership rate in the United States.
The majority of home buyers in the United States in 2021 purchased homes that cost *** thousand U.S. dollars or more. Homes over *** thousand U.S. dollars were purchased by ** percent of buyers from the ** to ** age group who made up the largest share of buyers in that category.
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Home Ownership Rate in the United States decreased to 65.10 percent in the first quarter of 2025 from 65.70 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - United States Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In 2024, the median income range between of more than 200,000 U.S. dollars was the largest share of homebuyers in the United States that year. Among them, almost ** percent were between 26 and 59 years old. The income range between 100,000 and 124,999 U.S. dollars was the second one with the largest share of homebuyers in the United States that year. Among them, ** percent were between 18 and 34 years old.
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Graph and download economic data for Homeownership Rate for the United States (USHOWN) from 1984 to 2024 about homeownership, housing, rate, and USA.
In 2024, the average age of recent first-time buyers in London was slightly higher than the England average. Across the UK, first-time buyers accounted for approximately ******* home sales. First-time buyer prices and mortgages In London, the average value of a mortgage for first-time buyers was far higher than all other regions in the UK. Apart from the initial cost of a down payment, those that can afford to, see monthly payment savings against those renting. In certain parts of the country, annual savings of buying against renting saw first time buyers amounted to over ************ British pounds. Help to buy To encourage first-time buyers, the UK government started the "Help to buy" scheme. The scheme sees people saving for a first-time home receive a ***********bonus to their savings when purchasing a house valued at ******* British pounds (******* British pounds in London). Between December 2015 and March 2018, the North West of England saw the highest number of Help to buy ISA bonuses paid.
The highest share of home buyers in the United States in 2024 across all age groups were married couples. Married couples made up at least ** percent of home buyers in all age groups that year, except for homebuyers aged between 18 and 25 years old.
This map uses a two-color thematic shading to emphasize where areas experience the least to the most affordable housing across the US. This web map is part of the How Affordable is the American Dream story map.
Esri’s Housing Affordability Index (HAI) is a powerful tool to analyze local real estate markets. Esri’s housing affordability index measures the financial ability of a typical household to purchase an existing home in an area. A HAI of 100 represents an area that on average has sufficient household income to qualify for a loan on a home valued at the median home price. An index greater than 100 suggests homes are easily afforded by the average area resident. A HAI less than 100 suggests that homes are less affordable. The housing affordability index is not applicable in areas with no households or in predominantly rental markets . Esri’s home value estimates cover owner-occupied homes only. For a full demographic analysis of US growth refer to Esri's Trending in 2017: The Selectivity of Growth.
The pop-up is configured to show the following 2017 demographics for each County and ZIP Code:
Total Households 2010-17 Annual Pop Change Median Age Percent Owner-Occupied Housing Units Median Household Income Median Home Value Housing Affordability Index Share of Income to Mortgage
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This data collection is part of the American Housing Metropolitan Survey (AHS-MS, or "metro") which is conducted in odd-numbered years. It cycles through a set of 21 metropolitan areas, surveying each one about once every six years. The metro survey, like the national survey, is longitudinal. This particular survey provides information on the characteristics of a New Orleans metropolitan sample of housing units, including apartments, single-family homes, mobile homes, and vacant housing units in 2009. The data are presented in eight separate parts: Part 1, Home Improvement Record, Part 2, Journey to Work Record, Part 3, Mortgages Recorded, Part 4, Housing Unit Record (Main Record), Recodes (One Record per Housing Unit), and Weights, Part 5, Manager and Owner of Rental Units Record, Part 6, Person Record, Part 7, High Burden Unit Record, and Part 8, Recent Mover Groups Record. Part 1 data include questions about upgrades and remodeling, cost of alterations and repairs, as well as the household member who performed the alteration/repair. Part 2 data include journey to work or commuting information, such as method of transportation to work, length of trip, and miles traveled to work. Additional information collected covers number of hours worked at home, number of days worked at home, average time respondent leaves for work in the morning or evening, whether respondent drives to work alone or with others, and a few other questions pertaining to self-employment and work schedule. Part 3 data include mortgage information, such as type of mortgage obtained by respondent, amount and term of mortgages, as well as years needed to pay them off. Other items asked include monthly payment amount, reason mortgage was taken out, and who provided the mortgage. Part 4 data include household-level information, including demographic information, such as age, sex, race, marital status, income, and relationship to householder. The following topics are also included: data recodes, unit characteristics, and weighting information. Part 5 data include information pertaining to owners of rental properties and whether the owner/resident manager lives on-site. Part 6 data include individual person level information, in which respondents were queried on basic demographic information (i.e. age, sex, race, marital status, income, and relationship to householder), as well as if they worked at all last week, month and year moved into residence, and their ability to perform everyday tasks and whether they have difficulty hearing, seeing, and concentrating or remembering things. Part 7 data include verification of income to cost when the ratio of income to cost is outside of certain tolerances. Respondents were asked whether they receive help or assistance with grocery bills, clothing and transportation expenses, child care payments, medical and utility bills, as well as with rent payments. Part 8 data include recent mover information, such as how many people were living in last unit before move, whether last residence was a condo or a co-op, as well as whether this residence was outside of the United States.
The homeownership rate was the highest among Americans in their early 70s and the lowest among people in their early 20s in 2023. In that year, approximately 81 percent of individuals aged 70 to 75 resided in a residence they owned, compared to approximately 23.6 percent among individuals under the age of 25. On average, 65.9 percent of Americans lived in an owner-occupied home. The homeownership rate was the highest in 2004 but has since declined.
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Graph and download economic data for Housing Inventory: Median Days on Market in the United States (MEDDAYONMARUS) from Jul 2016 to Jul 2025 about median and USA.
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This data collection contains summary statistics on population and housing subjects derived from the responses to the 2010 Census questionnaire. Population items include sex, age, average household size, household type, and relationship to householder such as nonrelative or child. Housing items include tenure (whether a housing unit is owner-occupied or renter-occupied), age of householder, and household size for occupied housing units. Selected aggregates and medians also are provided. The summary statistics are presented in 71 tables, which are tabulated for multiple levels of observation (called "summary levels" in the Census Bureau's nomenclature), including, but not limited to, regions, divisions, states, metropolitan/micropolitan areas, counties, county subdivisions, places, ZIP Code Tabulation Areas (ZCTAs), school districts, census tracts, American Indian and Alaska Native areas, tribal subdivisions, and Hawaiian home lands. There are 10 population tables shown down to the county level and 47 population tables and 14 housing tables shown down to the census tract level. Every table cell is represented by a separate variable in the data. Each table is iterated for up to 330 population groups, which are called "characteristic iterations" in the Census Bureau's nomenclature: the total population, 74 race categories, 114 American Indian and Alaska Native categories, 47 Asian categories, 43 Native Hawaiian and Other Pacific Islander categories, and 51 Hispanic/not Hispanic groups. Moreover, the tables for some large summary areas (e.g., regions, divisions, and states) are iterated for portions of geographic areas ("geographic components" in the Census Bureau's nomenclature) such as metropolitan/micropolitan statistical areas and the principal cities of metropolitan statistical areas. The collection has a separate set of files for every state, the District of Columbia, Puerto Rico, and the National File. Each file set has 11 data files per characteristic iteration, a data file with geographic variables called the "geographic header file," and a documentation file called the "packing list" with information about the files in the file set. Altogether, the 53 file sets have 110,416 data files and 53 packing list files. Each file set is compressed in a separate ZIP archive (Datasets 1-56, 72, and 99). Another ZIP archive (Dataset 100) contains a Microsoft Access database shell and additional documentation files besides the codebook. The National File (Dataset 99) constitutes the National Update for Summary File 2. The National Update added summary levels for the United States as a whole, regions, divisions, and geographic areas that cross state lines such as Core Based Statistical Areas.
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This data collection provides information on the characteristics of a national sample of housing units, including apartments, single-family homes, mobile homes, and vacant housing units in 2009. The data are presented in eight separate parts: Part 1, Home Improvement Record, Part 2, Journey to Work Record, Part 3, Mortgages Recorded, Part 4, Housing Unit Record (Main Record), Recodes (One Record per Housing Unit), and Weights, Part 5, Manager and Owner of Rental Units Record, Part 6, Person Record, Part 7, High Burden Unit Record, and Part 8, Recent Mover Groups Record. Part 1 data include questions about upgrades and remodeling, cost of alterations and repairs, as well as the household member who performed the alteration/repair. Part 2 data include journey to work or commuting information, such as method of transportation to work, length of trip, and miles traveled to work. Additional information collected covers number of hours worked at home, number of days worked at home, average time respondent leaves for work in the morning or evening, whether respondent drives to work alone or with others, and a few other questions pertaining to self-employment and work schedule. Part 3 data include mortgage information, such as type of mortgage obtained by respondent, amount and term of mortgages, as well as years needed to pay them off. Other items asked include monthly payment amount, reason mortgage was taken out, and who provided the mortgage. Part 4 data include household-level information, including demographic information, such as age, sex, race, marital status, income, and relationship to householder. The following topics are also included: data recodes, unit characteristics, and weighting information. Part 5 data include information pertaining to owners of rental properties and whether the owner/resident manager lives on-site. Part 6 data include individual person level information, in which respondents were queried on basic demographic information (i.e. age, sex, race, marital status, income, and relationship to householder), as well as if they worked at all last week, month and year moved into residence, and their ability to perform everyday tasks and whether they have difficulty hearing, seeing, and concentrating or remembering things. Part 7 data include verification of income to cost when the ratio of income to cost is outside of certain tolerances. Respondents were asked whether they receive help or assistance with grocery bills, clothing and transportation expenses, child care payments, medical and utility bills, as well as with rent payments. Part 8 data include recent mover information, such as how many people were living in last unit before move, whether last residence was a condo or a co-op, as well as whether this residence was outside of the United States.
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Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q2 2025 about sales, housing, and USA.
The homeownership rate was the highest among Americans in their early 70s and the lowest among people in their early 20s in 2024. In that year, approximately **** percent of individuals aged 70 to 74 resided in a residence they owned, compared to approximately ** percent among individuals under the age of 25. On average, **** percent of Americans lived in an owner-occupied home. The homeownership rate was the highest in 2004 but has since declined.