Posts from October 4th, 2021

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October 4th, 2021 by

Millennial Homebuyers

Millennial homebuyers make up a large percentage of today's buyers in the real estate market. According to the U.S. Census Bureau, there are currently 92 million millennials between their late 20s to late 40s in age. In the 30-plus segment, 35% earn more than $125,000 per year and 51% earn between $55,000 and $124,000 per year. On average, this group is purchasing homes priced between $300,000 and $400,000. These millennial homebuyers are looking for homes with at least 1,800 square feet, 3-4 bedrooms, and 2-3 bathrooms for growing families.

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Categories: Buy a Home
Tags: For buyers, Homebuying help, Homebuying advice, Augusta, Belgrade Lakes, Belgrade ME, Chelsea ME, China ME, Dresden ME, Farmingdale ME, Fayette ME
Related Markets: Augusta, Belgrade, Chelsea, China, Dresden, Farmingdale, Fayette

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