A LendingTree analysis shows the average U.S. homeowner is 50-51 years old, while renters average 45, both older than the general population at 39. Older homeowners cluster in costly metros like Los Angeles and Miami, while younger homeowners are found in more affordable cities like Salt Lake City and Austin. Renters tend to be younger overall, with East Coast renters skewing older. Age influences housing choices, with younger buyers prioritizing affordability and jobs, and older buyers valuing healthcare.
Continue to full article