Colorful stores in Miami

Florida has long been a favored spot among retirees, while Texas is becoming a mecca for younger home buyers, a new study shows. LendingTree researchers looked at the average ages of homeowners and renters across the nation’s 50 largest metro areas to find more trends based on relocation and age.

Miami and Tampa, Fla., are the metros with the oldest homeowners. Pittsburgh and New York tend to have the oldest renters, the study found. In general, renters on the East Coast tend to be older.

Younger homeowners, on the other hand, are increasingly settling in Texas. The youngest average age for homeowners was between 47 and 48 in Austin, Texas, the study found. Also, St. Louis, Houston, and Dallas had young homeowners.

Take a look at the breakdown below showing where the youngest and oldest homeowners and renters have settled.

 
Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.