Factors influencing neighborhood choice for home purchase U.S. by age 2021

When choosing a neighborhood to buy a home in 2021, the quality of the neighborhood was one of the most important conditions to the majority of home buyers across all age groups in the United States. For young millennial buyers, the convenience of the home from their friends and family, and their job was also highly considered.

Conditions influencing neighborhood choice for home purchase in the United States in 2021, by age group

Characteristic	23 to 31	32 to 41	42 to 56	57 to 66	67 to 75	76 to 96
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Release date

March 2022

More information

Region

United States

Survey time period

July 2021

Number of respondents

5,795 respondents

Special properties

Primary residence buyers; real estate purchased between July 2020 and June 2021

Method of interview

Online survey

Supplementary notes

The source adds the following information: "In July 2021, NAR mailed out a 129-question survey using a random sample weighted to be representative of sales on a geographic basis to 129,800 recent home buyers. The recent home buyers had to have purchased a primary residence home between July of 2020 and June of 2021. A total of 5,795 responses were received from primary residence buyers. After accounting for undeliverable questionnaires, the survey had an adjusted response rate of 4.5 percent. " Generation Z - 18 to 22 years
Younger Millennials - 23 to 31 years
Older Millennials - 32 to 41 years
Generation X - 42 to 56 years
Younger Boomers -57 to 66 years
Older Boomers -67 to 75 years
Silent Generation - 76 to 96 years

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