In a September 2020 survey among adults in the United States, 36 percent of millennials with children said that they were currently saving up to purchase a home. On the other hand, 40 percent of respondents said that while they expect to purchase a house in the future, they are currently not saving up to do so.
Distribution of Millennials who are parents in the United States in 2020, by homeownership plans
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Statistics on Millennial homeownership in the United States
Overview
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- Premium Statistic Homeownership rate in the U.S. 2012-2021
- Premium Statistic Leading metros for Millennial house buyers in the United States in 2020
- Premium Statistic Home purchase outlook in the U.S. 2019, by generation
- Premium Statistic Share of Millennials expecting to rent in the future in the U.S. 2018-2022
- Basic Statistic Reasons for Millennials to choose renting over buying a home U.S. 2020-2021
- Premium Statistic Percentage change households in U.S. 2014-2019, by demographic and living situation
- Premium Statistic Profile of Millennial homebuyers in the United States 2020
- Premium Statistic Conditions influencing neighborhood choice for home purchase U.S. 2021, by age
Current living arrangements
4
- Premium Statistic Living arrangements of 25-34-year olds in the U.S. 2021, by gender
- Premium Statistic Living arrangements of 35-64-year olds in the U.S. 2021, by gender
- Basic Statistic Share of Millennials who live in their parents' home in U.S. 2021, by age & gender
- Basic Statistic Share of older Millennials who live in their parents' home U.S. 2016-2021, by gender
Homeownership plans
8
- Premium Statistic First time home buyers in the U.S. 2021, by age group
- Premium Statistic Expected timeline for buying a home according to Millenials 2022
- Premium Statistic Homeownership expectations of adults in the United States in 2020, by generation
- Premium Statistic Homeownership expectations of Millennials in the United States in 2020, by ethnicity
- Premium Statistic Homeownership expectations of Millennials with children in the United States 2020
- Premium Statistic COVID-19 effect on U.S. homeownership plans 2020, by generation
- Premium Statistic COVID-19 effect on homeownership plans U.S. 2020, by ethnicity and demographic
- Premium Statistic U.S.: COVID-19 effect on homeownership plans parents 2020, by generation
Home financing
6
- Premium Statistic Median income of home buyers in the U.S. 2021, by generation
- Premium Statistic Factors that prevent the Americans from saving for a down payment 2021, by age group
- Premium Statistic Down payment sources of Millennial homebuyers in the U.S. 2019
- Premium Statistic Millennial home buyers: amount saved for down payment 2021
- Premium Statistic Millennial renters who had saved for a down payment in the U.S. 2020, by amount
- Premium Statistic Number of years needed to save for down payment in selected U.S. cities 2020
Home buying process
6
- Premium Statistic Information sources used when looking for a house to purchase in the U.S. 2021 by age
- Premium Statistic Most difficult steps of home buying process U.S. 2021, by age group
- Premium Statistic Frequency of internet use for home searching in the U.S. 2021, by age group
- Premium Statistic House purchase channels in the U.S. 2021, by age group
- Premium Statistic Expectations of house buyers from real estate agents in the U.S. 2021, by age group
- Premium Statistic Actions taken as a result of internet home search in the U.S. 2021, by age group
Further related statistics
19
- Annual non-residential property transactions value in London 2005-2014
- Millennial homeownership rate in the U.S. 2016 and 2025, by ethnicity
- London: number of residential property sales in December 2016, by local authority
- London: annual residential property transaction numbers from 2005 to 2014
- Paraguay: number of housing units in Asunción 2016, by ownership
- London: annual residential property transactions value from 2005 to 2014
- Views of Millennials on ability to buy a house post-Brexit in the United Kingdom 2016
- Factors influencing house purchase decision among U.S. renters 2015, by age group
- Share of Millennial expecting to rent in the future in selected U.S. metros 2019
- Most popular home location features for Millennials U.S. 2016
- Bad credit as largest obstacle to buying a home in the U.S. 2019, by ethnicity
- Homeownership plans of Millennials in the U.S. 2014-2016
- Most popular expensive home features for Millennials U.S. 2016
- Share of Americans who associate homeownership with the American dream 2016, by age
- U.S. Millennials perceiving homeownership as personal American dream 2010-2018
- U.S.: Favorite food flavors among Generation Z and Millennials by gender in 2020
- Number of residential building permits issued in Hungary 2007-2020
- Staged homes impact on home buyers in the U.S. 2021
- Share of Poles who have ever preordered electronic products 2018, by generation
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Statistics
- Annual non-residential property transactions value in London 2005-2014
- Millennial homeownership rate in the U.S. 2016 and 2025, by ethnicity
- London: number of residential property sales in December 2016, by local authority
- London: annual residential property transaction numbers from 2005 to 2014
- Paraguay: number of housing units in Asunción 2016, by ownership
- London: annual residential property transactions value from 2005 to 2014
- Views of Millennials on ability to buy a house post-Brexit in the United Kingdom 2016
- Factors influencing house purchase decision among U.S. renters 2015, by age group
- Share of Millennial expecting to rent in the future in selected U.S. metros 2019
- Most popular home location features for Millennials U.S. 2016
- Bad credit as largest obstacle to buying a home in the U.S. 2019, by ethnicity
- Homeownership plans of Millennials in the U.S. 2014-2016
- Most popular expensive home features for Millennials U.S. 2016
- Share of Americans who associate homeownership with the American dream 2016, by age
- U.S. Millennials perceiving homeownership as personal American dream 2010-2018
- U.S.: Favorite food flavors among Generation Z and Millennials by gender in 2020
- Number of residential building permits issued in Hungary 2007-2020
- Staged homes impact on home buyers in the U.S. 2021
- Share of Poles who have ever preordered electronic products 2018, by generation
Morning Consult. (September 28, 2020). Distribution of Millennials who are parents in the United States in 2020, by homeownership plans [Graph]. In Statista. Retrieved March 27, 2023, from https://www.statista.com/statistics/1220504/homeownership-plans-millennial-parents-usa/
Morning Consult. "Distribution of Millennials who are parents in the United States in 2020, by homeownership plans." Chart. September 28, 2020. Statista. Accessed March 27, 2023. https://www.statista.com/statistics/1220504/homeownership-plans-millennial-parents-usa/
Morning Consult. (2020). Distribution of Millennials who are parents in the United States in 2020, by homeownership plans. Statista. Statista Inc.. Accessed: March 27, 2023. https://www.statista.com/statistics/1220504/homeownership-plans-millennial-parents-usa/
Morning Consult. "Distribution of Millennials Who Are Parents in The United States in 2020, by Homeownership Plans." Statista, Statista Inc., 28 Sep 2020, https://www.statista.com/statistics/1220504/homeownership-plans-millennial-parents-usa/
Morning Consult, Distribution of Millennials who are parents in the United States in 2020, by homeownership plans Statista, https://www.statista.com/statistics/1220504/homeownership-plans-millennial-parents-usa/ (last visited March 27, 2023)
Distribution of Millennials who are parents in the United States in 2020, by homeownership plans [Graph], Morning Consult, September 28, 2020. [Online]. Available: https://www.statista.com/statistics/1220504/homeownership-plans-millennial-parents-usa/