Housing Forecast Reveals The Best Markets For Each Stage Of Life

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Where are the best places for Boomers, Gen Z and Millennial to live?

With six of the top 10 Millennial markets in the South and two each in North Carolina and Texas, the top 10 Millennial markets in ranking order are Austin, Texas; Des Moines, Iowa; Charleston, South Carolina; San Antonio; Atlanta; Providence, Rhode Island; St. Louis; Winston-Salem, North Carolina; Charlotte, North Carolina; and Spokane, Washington.

Migration trends show that as Millennials grapple with affordability amid soaring home prices, many have spread their wings to smaller metros for a shot at homeownership. When compared to the 100 largest metros, the 2022 top Millennial markets are 11% more affordable and offer 19% more homes for sale on average.

Gen X markets provide career opportunities and family-friendly attributes at a cost. Aged 41 to 56, Gen Xers are statistically at the top of their careers and most likely to have school-aged children. Thetend to skew pricier, but still offer relative affordability, available inventory, space without sacrificing career opportunities, good schools, an abundance of green space and family-friendly activities.

 

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