Mar 19, 2025 - News
Gen Z breaks into Denver's home market
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Gen Zers accounted for 10.6% of Denver's home purchase applications in 2024 and paid a median price of $574,000, new data shows.
Why it matters: High housing costs and a supply crunch have made it harder, especially for young people, to purchase homes.
The big picture: Gen Z represented 13% of U.S. home mortgage applications nationwide last year, up from 10% in 2023, according to an analysis by data provider CoreLogic.
- Relatively affordable parts of the Midwest and South saw the highest Gen Z shares, while pricey coastal metros lagged behind.