Co-buying is not without its challenges, but it offers young buyers a way into an increasingly expensive market.

Millennial Home-Buying and Homeownership Statistics. Updated June 25, 2025. ... Record-high home prices and elevated mortgage rates challenge millennials' ability to buy homes.

Millennials buy larger homes compared to other generations. In 2024, the typical older millennial purchased a home sized 2,360 square feet, while the typical younger millennial purchased a home sized ...