Where young adults are house hunting
SmartAsset’s report says young adults are gravitating toward markets with lower prices and stronger affordability, with Texas leading the list of top destinations.
- SmartAsset analyst Toby Nelson released a study identifying where the youngest adult homebuyers are most actively pursuing homeownership. The report provides a comprehensive snapshot of current housing market activity.
- Rising home prices and limited housing supply create significant barriers for younger buyers. These individuals face more challenging conditions when entering the market than previous generations, according to a May 2026 survey.
- Federal financial data shows Texas leads the nation in the total volume of mortgage applications from this demographic, with nearly 260,000 applications. The study analyzed this HMDA data to determine market activity.
- States like North Dakota and South Dakota rank among the top locations for the share of total mortgage applications filed by younger applicants. These findings reveal distinct regional variations in how residents approach property ownership.
- In markets where typical home values exceed $500,000, Utah stands out as the only location where these buyers maintain a high share of applications. This data suggests resilience in high-cost areas.
32 Articles
32 Articles
Where young adults are house hunting - The Mexico Ledger
Rising home prices, combined with limited housing supply, have made it challenging for young adults to enter the housing market. According to a May 2026 Pew Research Center survey, nearly 9 in 10 younger Americans say it is harder for them to buy a home than it was for their parents. Nonetheless, younger buyers continue to aspire to homeownership, navigating an uneven landscape of affordability and opportunity. In some states, adults under 35 ac…
Where young adults are house hunting - Hillsboro Sentry Enterprise
Rising home prices, combined with limited housing supply, have made it challenging for young adults to enter the housing market. According to a May 2026 Pew Research Center survey, nearly 9 in 10 younger Americans say it is harder for them to buy a home than it was for their parents. Nonetheless, younger buyers continue to aspire to homeownership, navigating an uneven landscape of affordability and opportunity. In some states, adults under 35 ac…
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