Americans age 70+ now hold the largest share of housing wealth, reflecting years of price growth and leaving some younger buyers facing higher barriers to entry.

​by Andrew Dorn

WASHINGTON — 

For the first time on record, Americans 70 and older held a larger share of the nation's real estate wealth than those ages 40 to 54, according to a new Redfin report.

The crossover occurred in the second quarter of 2025, based on an analysis of Federal Reserve data going back to 1989.

The oldest Americans have seen their share of U.S. real estate wealth surge from around 16% in 2005 to roughly 26% in 2025. Those ages 40 to 54 have seen the opposite trend, with their share plunging from about 36% to 26% over the same period, Redfin found.