Apr 9, 2025 - Real Estate
Gen Z is buying homes in Houston
Add Axios as your preferred source to
see more of our stories on Google.
More Gen Zers are looking to break into the home market in Houston, new data shows.
The big picture: Gen Z represented 13% of U.S. home mortgage applications in 2024, up from 10% in 2023, according to an analysis from Cotality, formerly called CoreLogic.
- Relatively affordable parts of the Midwest and the South saw the highest Gen Z shares, while pricey coastal metros lagged behind.
Zoom in: Gen Z accounted for more than 12% of applications in Houston last year.
- The median home price in Houston was $310,000 in 2024, per Cotality.
How it works: Researchers analyzed 2024 mortgage applications, accepted or not, and they excluded investors, second-home buyers and cash buyers.