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Half of Millennials Are Finally Homeowners

But it took them longer to reach this milestone than prior generations.

By Barbara Ballinger | April 20, 2023 at 08:08 AM

Congrats to millennials! Slightly more than half, or 51.5%, of those born between 1981 and 1996 now possess the keys to their kingdom or at least their own home, according to the latest Census Bureau data reported in Apartment List’s 2023 Millennial Homeownership Report. 

But for many it took a long time to achieve that goal; certainly longer than their parents. The longer time span continues a trend of the last three generations, all of whom bought homes slower than the generation that preceded them.

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