According to the findings of a survey conducted among approximately 4,000 Gen Z adults, one of the main challenges to homeownership in the United States in 2021 was job stability. Roughly 50 percent of respondents gave this answer, while 43 percent said they don't have a down payment or can't afford to buy a house in the area of their choice.
Share of Gen Z adults by main challenges in buying a home in the United States in 2021
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$59 USD $39 USD / Month *
in the first 12 months
Professional Account
Full access
Corporate solution including all features.
* Prices do not include sales tax.
Statistics on Gen Z and the housing market in the U.S.
Introduction
7
- Premium Statistic Homeownership expectations of adults in the United States in 2020, by generation
- Premium Statistic Living arrangements of 18-24-year olds in the U.S. 2021, by gender
- Premium Statistic Reasons why Gen Zers want to buy a house in the U.S. 2021
- Premium Statistic Reasons why Gen Zers want to continue renting in the U.S. 2021
- Premium Statistic Home buyers in the U.S. 2021, by generation
- Premium Statistic Home sellers in the U.S. 2021, by generation
- Premium Statistic Length of current tenure of Gen Z adults in the U.S. 2021
Home buying
8
- Premium Statistic Leading metros for Gen Z house buyers in the U.S. in 2020
- Premium Statistic Share of Gen Z planning a home purchase in the U.S. Q3 2019-Q2 2022
- Premium Statistic Share of Gen Z actively looking for a home in the U.S. Q3 2019-Q2 2022
- Premium Statistic Share of prospective home buyers who prefer a new home Q2 2021-Q2 2022, by generation
- Premium Statistic Main reason for timing of home purchase in the U.S. 2021, 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
- Premium Statistic Gen Z's current and preferred home location in the U.S. 2021
Home financing and affordability
7
- Premium Statistic Median income of home buyers in the U.S. 2021, by generation
- Premium Statistic Average down payment in the leading metros for Gen Z house buyers in the U.S. in 2020
- Premium Statistic Average mortgage loan in the leading metros for Gen Z house buyers in the U.S. 2020
- Premium Statistic Credit score in the metros with the highest share of Gen Z home buyers U.S. 2020
- Premium Statistic Leading obstacles to homebuying for Gen Zers in the U.S. 2021
- Premium Statistic Buyers able to afford less than half of homes for sale U.S. 2020-2022, by generation
- Premium Statistic Home buyers who struggle finding a home due to affordability U.S. 2022, by generation
Renting
7
- Premium Statistic Breakdown of apartment applicants in the U.S. 2022, by generation
- Basic Statistic Most important apartment features for renters in the U.S. 2020, by generation
- Premium Statistic Credit score for renting different apartments in the U.S. 2020, by generation
- Premium Statistic Most popular metros for Gen Z apartment applicants in the U.S. 2021, by metro
- Premium Statistic Most popular cities for Gen Z apartment applicants in the U.S. 2021, by city
- Premium Statistic Increasingly popular cities for Gen Z apartment applicants the U.S. 2021
- Premium Statistic Gen Z touring preferences when looking for a rental apartment in the U.S. 2020
Further related statistics
20
- Location of homes purchased in the U.S. in 2021
- House purchase channels in the U.S. 2021
- Most difficult steps of home buying process in the U.S. 2021
- Home purchase outlook in the U.S. 2019, by region
- Information sources used when looking for a house to purchase in the U.S. 2021
- Home purchase outlook in the U.S. 2019, by HH income
- Important environmentally friendly features when purchasing a home U.S. 2021
- First steps during home buying process in the U.S. 2021, by age group
- Location of home purchase in the U.S. in 2021, by age group
- Actions taken as a result of internet home search in the U.S. 2021
- Marital status of home buyers in the U.S. 2021, by age group
- Home purchase outlook in the U.S. 2019, by tenure
- Environmentally friendly features when purchasing a home in the U.S. 2021, by age
- Conditions influencing neighborhood choice for home purchase in the U.S. 2021
- Expectations of house buyers from real estate agents in the U.S. 2021
- Retail sales of electronic drums in the U.S. 2005-2021
- Age of grandchildren in the United States 2012
- Annual number and mode of long-distance trips
- Median total family income Texas 2010-2019
- Mexico: employees working from home 2020
Further Content: You might find this interesting as well
Statistics
- Location of homes purchased in the U.S. in 2021
- House purchase channels in the U.S. 2021
- Most difficult steps of home buying process in the U.S. 2021
- Home purchase outlook in the U.S. 2019, by region
- Information sources used when looking for a house to purchase in the U.S. 2021
- Home purchase outlook in the U.S. 2019, by HH income
- Important environmentally friendly features when purchasing a home U.S. 2021
- First steps during home buying process in the U.S. 2021, by age group
- Location of home purchase in the U.S. in 2021, by age group
- Actions taken as a result of internet home search in the U.S. 2021
- Marital status of home buyers in the U.S. 2021, by age group
- Home purchase outlook in the U.S. 2019, by tenure
- Environmentally friendly features when purchasing a home in the U.S. 2021, by age
- Conditions influencing neighborhood choice for home purchase in the U.S. 2021
- Expectations of house buyers from real estate agents in the U.S. 2021
- Retail sales of electronic drums in the U.S. 2005-2021
- Age of grandchildren in the United States 2012
- Annual number and mode of long-distance trips
- Median total family income Texas 2010-2019
- Mexico: employees working from home 2020
National Association of Realtors. (June 24, 2021). Share of Gen Z adults by main challenges in buying a home in the United States in 2021 [Graph]. In Statista. Retrieved January 30, 2023, from https://www.statista.com/statistics/1260334/main-challenges-in-purchasing-a-home-gen-z-usa/
National Association of Realtors. "Share of Gen Z adults by main challenges in buying a home in the United States in 2021." Chart. June 24, 2021. Statista. Accessed January 30, 2023. https://www.statista.com/statistics/1260334/main-challenges-in-purchasing-a-home-gen-z-usa/
National Association of Realtors. (2021). Share of Gen Z adults by main challenges in buying a home in the United States in 2021. Statista. Statista Inc.. Accessed: January 30, 2023. https://www.statista.com/statistics/1260334/main-challenges-in-purchasing-a-home-gen-z-usa/
National Association of Realtors. "Share of Gen Z Adults by Main Challenges in Buying a Home in The United States in 2021." Statista, Statista Inc., 24 Jun 2021, https://www.statista.com/statistics/1260334/main-challenges-in-purchasing-a-home-gen-z-usa/
National Association of Realtors, Share of Gen Z adults by main challenges in buying a home in the United States in 2021 Statista, https://www.statista.com/statistics/1260334/main-challenges-in-purchasing-a-home-gen-z-usa/ (last visited January 30, 2023)
Share of Gen Z adults by main challenges in buying a home in the United States in 2021 [Graph], National Association of Realtors, June 24, 2021. [Online]. Available: https://www.statista.com/statistics/1260334/main-challenges-in-purchasing-a-home-gen-z-usa/