Leave a Message

By providing your contact information to The Patterson Group, your personal information will be processed in accordance with The Patterson Group's Privacy Policy. By checking the box(es) below, you expressly consent to receive marketing or promotional real estate communication from The Patterson Group in the manner selected by you. For SMS text messages, message frequency varies. Message and data rates may apply. Consent is not a condition of purchase of any goods or services. You may opt out of receiving further communications from The Patterson Group at any time. To opt out of receiving SMS text messages, reply STOP to unsubscribe. SMS text messaging is subject to our Terms of Use.

Thank you for your message. We will be in touch with you shortly.

Explore Our Properties
How much wealthier does buying a home earlier in life make you?

How much wealthier does buying a home earlier in life make you?

How much wealthier does buying a home earlier in life make you?

Quite a lot, it turns out.

Purchase a home by age 30 and your net worth will be 22.5% higher by the time you turn 50, according to the “2026 Generational Wealth & Housing Report,” published March 12, 2026, by Realtor.com®.

Wait until your mid-thirties (between the ages of 33 and 37) and that wealth boost shrinks to 11.2%, according to the study, dropping to just 1.5% when buying for the first time aged 38-42 and zero if you become a homeowner beyond your 43rd birthday.

However, all U.S. homeowners are significantly wealthier than renters. The average net worth of homeowners was 38 times greater than renters of the same age between 1989 and 2022, shows Realtor.com analysis of the “Survey of Consumer Finances,” published by the US Federal Reserve Board on November 2, 2023.

And Realtor.com also reports that children raised in homeowner households are 18.4% more likely to become homeowners by age 35 than those brought up in renter households.

 

Article written by Sotheby's International Realty

Work With Us

The Patterson Group is one of the most experienced and trusted real estate teams in the area, serving Northern Virginia for more than 40 years.

Follow Us on Instagram