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Gen X and Homebuying

By Meredith Dunn, Research Communications Manager, NATIONAL ASSOCIATION OF REALTORS®

It’s true that millennials are the largest group of homebuyers; however, Gen X is also an important generational group: they comprise 26 percent of recent buyers and are the most racially and ethnically diverse population of buyers. They are also in their peak income-making years, have the highest median priced home of all other buyers, and the largest homes in median square footage. According to the National Association of REALTORS®, 88 percent are more certain than millennials that buying a home is a good financial decision.

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