DiscoverGoGaddis Real Estate RadioGenerational Housing Boom: How Boomers, Millennials, and Gen Z Are Reshaping Real Estate
Generational Housing Boom: How Boomers, Millennials, and Gen Z Are Reshaping Real Estate

Generational Housing Boom: How Boomers, Millennials, and Gen Z Are Reshaping Real Estate

Update: 2025-09-22
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I’m Cleve Gaddis—this is GoGaddis Real Estate Radio. We help you go from novice to confident pro so life’s biggest real-estate moves feel clear, not scary. Questions or topic ideas? GoGaddisRadio.com—send us a note, nominate your Neighborhood Spotlight, and subscribe to the podcast. Let’s get to it.

This generational housing boom isn’t just numbers — it’s changing neighborhoods, prices, and even family life.

For sellers, timing has never mattered more. Baby boomers are staying in their homes longer than ever — a median of 13 years compared to just 6 in the 1980s. That keeps supply constrained and prices strong. To appeal to younger buyers, features like smart home tech, EV charging stations, flexible workspaces, and multipurpose layouts are becoming must-haves. And it’s not just younger buyers in the mix — many sales are Boomer-to-Boomer transactions, as retirees downsize or relocate to retirement-friendly communities.

For buyers, affordability remains a serious challenge. Millennials are entering homeownership later, with an average first purchase at age 36 versus 29 in 1981, largely due to higher costs and student loan debt. To compete, many are turning to creative strategies like co-buying with family or friends, or purchasing multigenerational homes — a segment that now makes up about one in five transactions. Add in competition from institutional investors in the starter-home market, and the pressure intensifies.

For communities, the shifts are visible. Younger buyers want walkable, mixed-use developments with easy access to amenities like gyms, coffee shops, and coworking spaces. That demand often clashes with boomers’ desire for quiet and stability, creating tension around zoning and development. At the same time, homes with ADUs and in-law suites are rising in popularity, reshaping neighborhoods.

From an investment perspective, real estate remains the top wealth-building tool across generations. Despite affordability challenges, Millennials collectively now own more homes than Gen X did at the same age. Hotspot markets in the Southeast, Texas, and Mountain West are drawing younger buyers with lower costs and job opportunities.

Looking ahead, future trends will be driven by the massive wealth transfer as boomers pass down assets or downsize, unlocking much-needed inventory. Local governments will face mounting pressure to loosen zoning rules, approve ADUs, and allow more multifamily housing. Builders, too, are pivoting away from oversized homes toward smaller, affordable designs—a clear break from the McMansion era.

Closing:
We’re in the middle of the largest housing turnover in U.S. history — but it’s not just about transactions. It’s about how multiple generations will live together, how communities evolve, and how wealth gets built and passed down. This is the generational housing boom, and it’s already reshaping the American Dream.

Call to Action:
Want to see how this is playing out in your neighborhood? Visit GoGaddisRadio.com and let’s dig in together.

You get all the upside.
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Generational Housing Boom: How Boomers, Millennials, and Gen Z Are Reshaping Real Estate

Generational Housing Boom: How Boomers, Millennials, and Gen Z Are Reshaping Real Estate

Cleve Gaddis