20 most popular cities for Gen X homebuyers

July 30, 2024 5:30 AM

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Members of Generation X still make up a large portion of homebuyers in the current market, according to most surveys. LendingTree recently ranked the most popular cities for Gen X homebuyers by analyzing mortgage offers given to users of their platform across the nation's 50 largest metropolitan areas in 2023.

Read more: Over 40% of Gen Z plans to buy a home in the next three years

Across the nation's largest metro areas, 21.25% of mortgage offers in 2023 on the LendingTree platform went to Gen Xers. This group received more than 20% of offered mortgages in 29 of the nation's 50 largest metros.

In Miami, Las Vegas, and Riverside, California, Gen Xers made up the largest share of potential homebuyers. The average age among potential Gen X homebuyers in the top three cities is 50.

Also read: Are boomers too emotionally attached to list their homes?

Read about the 20 most popular cities for Gen X homebuyers; all statistics are specific to potential Gen X homebuyers.

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Dallas ranked 20th with a 21.25% share of mortgages offered to Gen Xers.

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Portland, Oregon ranked 19th with a 21.44% share of mortgages offered to Gen Xers.

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Richmond, Virginia ranked 18th with a 21.79% share of mortgages offered to Gen Xers.

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Louisville, Kentucky ranked 17th with a 22.04% share of mortgages offered to Gen Xers.

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New York ranked 16th with a 22.08% share of mortgages offered to Gen Xers.

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Atlanta ranked 15th with a 22.40% share of mortgages offered to Gen Xers.

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Houston ranked 14th with a 22.52% share of mortgages offered to Gen Xers.

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Virginia Beach, Virginia ranked 13th with a 23.26% share of mortgages offered to Gen Xers.

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Los Angeles ranked 12th with a 23.38% share of mortgages offered to Gen Xers.

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Phoenix ranked 11th with a 23.39% share of mortgages offered to Gen Xers.

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Sacramento, California ranked 10th with a 23.79% share of mortgages offered to Gen Xers.

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Jacksonville, Florida ranked 10th with a 23.79% share of mortgages offered to Gen Xers.

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Providence, Rhode Island ranked 8th with a 23.85% share of mortgages offered to Gen Xers.

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Orlando, Florida ranked 7th with a 24.43% share of mortgages offered to Gen Xers.

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Tampa, Florida ranked 6th with a 25.49% share of mortgages offered to Gen Xers.

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Memphis, Tennessee ranked 5th with a 26.62% share of mortgages offered to Gen Xers.

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San Antonio ranked 4th with a 26.76% share of mortgages offered to Gen Xers.

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Las Vegas ranked 3rd with a 27.07% share of mortgages offered to Gen Xers.

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Riverside, California ranked 2nd with a 27.14% share of mortgages offered to Gen Xers.

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Miami ranked 1st with a 27.43% share of mortgages offered to Gen Xers.

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