![]() When compared to the 100 largest metros, the 2022 top Millennial markets are 11% more affordable and offer 19% more homes for sale on average. Migration trends show that as Millennials grapple with affordability amid soaring home prices, many have spread their wings to smaller metros for a shot at homeownership. ![]() The largest contingent of home buyers, the Millennial generation spans 15 years, with the youngest 25 years old and the oldest having celebrated their 40th birthday in 2021. The best Millennial markets offer affordability, strong job markets and vibrant downtowns. The best markets for Baby Boomers in ranking order are Pittsburgh Lansing, Michigan Knoxville, Tennessee New Orleans Birmingham, Alabama Augusta, Georgia Greenville, South Carolina Palm Bay, Florida Jacksonville, Florida and Tucson, Arizona. More geographically diverse than the best markets for its younger and older counterparts, the top 10 markets for Gen X in ranking order are Miami Austin, Texas Knoxville, Tennessee Portland, Oregon Boise, Idaho Omaha Raleigh, North Carolina Phoenix Salt Lake City and Boston.Īlthough it’s not surprising that eight out of the top 10 Baby Boomer markets are in warm weather locations, the fact that the top two are cold weather metros might be. Phoenix is among the top 10 markets for Gen X.
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