Columbus is Popular with Millennial and Gen-X Home Buyers - Columbus Ohio Real Estate | Buyer's Resource Realty Services

Columbus is Popular with Millennial and Gen-X Home Buyers

Columbus popular with Millennials and Gen X home buyersColumbus has made many “Top” lists over the years, including being named as the #1 “Remote Ready” City , the “Hottest Hipster Market” and one of the “Best Cities for College Graduates.” The latest distinction comes from a new study by Lending Tree, which names Columbus as one of the most popular cities for Millennial and Generation-X home buyers.

In the study, Lending Tree analyzed demographic and housing data for the 50 largest metro areas in the U.S., comparing average resident ages and median housing costs. The “youngest” city in the U.S. by Lending Tree’s analysis is Austin, Texas, with an average homeowner age of 47, average renter age of 31, and median mortgage payment of $1,909.00.

In Columbus, the average homeowner age is about 49 years old, and our average renter is about 31 years old. Columbus median mortgage costs are $1,501 a month, which is the second-cheapest of all the top 10 cities. However, our homeowners are slightly older compared to other cities on the list, which put Columbus in 8th place.

Other cities in the top 10 included St. Louis, Houston, Dallas, Denver, San Jose, Raleigh, Atlanta and Nashville. With the exception of Nashville, all other cities had median mortgage payments higher than Columbus. The most expensive city on the “popular” list was San Jose, with a median mortgage payment of $2,236.

While Columbus Metro home prices have been rising for years, home buyers still fare better here than many other large cities. Whether you are looking for rewarding employment, major entertainment venues, outdoor recreation or a college town atmosphere, Columbus has it all! And when you become our Buyer-Client, we’ll help you make the most of your home buying opportunities.

As your Exclusive Buyer’s Broker, we serve your best interests at all times! Unlike real estate agents and brokerages who represent sellers, as an Exclusive Buyer’s Broker, we only represent you, the buyer, getting you the best price and terms with no conflict of interest at all times.

Understanding this distinction could literally save you thousands of dollars not only on the purchase price and terms, but also on seller concessions and home inspection issues, whether you are a first-time homebuyer or an experienced homeowner!

Contact us with your home buying questions! Remember, we are with you every step of the way…all the way home!

Andrew Show
Exclusive Buyer’s Broker, CEBA-M, MCNE, CSP, PSA,e-PRO, CREM, ABRM, AHWD
Buyer’s Resource Realty Services
Serving Metro Columbus, Ohio with Exclusive Buyer’s Agents
7100 North High Street, Suite 204, Worthington, Ohio 43085
614-888-4110 | 888-888-4110 Toll Free | 614-839-4110 Fax

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