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Location preference of affluent home buyers in the U.S. 2017, by age

Published by Jennifer Rudden, May 10, 2019
This statistic shows the location preference of affluent home buyers in the United States in 2017, by age. Most affluent buyers between 25 and 49 years said that they wanted to purchase their next home in an urban area, whereas 60 percent of those 50 and older wanted to purchase in a suburban area.

Location preference of affluent home buyers in the United States in 2017, by age

Age range25-49 years50+ years
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Sources

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Release date

April 2018

Region

United States

Survey time period

December 9 to 18, 2017

Number of respondents

536 respondents

Age group

25 years and older

Special properties

were in the market to purchase a residence in the next 3 years, and had investable assets of one million U.S. dollars or more at time of survey.

Method of interview

Face-to-face interview

Supplementary notes

This question was phrased by the source as follows: "in which one type of location do you want your next personal residence?"

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