Skip to main content
See every side of every news story
Published loading...Updated

More 30-Somethings Staying in Parents’ Homes Amid Housing Crunch

The report says housing costs, not jobs, are keeping many young adults at home, with 7 in 10 adults ages 25 to 34 employed.

  • A new Realtor.com report released Thursday found that 25.2 million adults under 35 live with their parents, representing a 33.0% co-residence rate near the 2020 record high of 33.6%.
  • Senior Economist Hannah Jones at Realtor.com attributed high co-residence rates to housing costs rather than joblessness, with median home prices at $430,000 and rents at $1,673. "This is a supply story, not an employment story," Jones said.
  • Most young adults living with parents are employed; approximately 70% of those aged 25 to 34 work, while 26.8% of 30- to 34-year-olds hold a bachelor's degree, countering stereotypes about the group.
  • Delayed household formation creates cascading effects; the typical first-time home buyer is now 40 years old. Jones noted, "Every adult still in a childhood bedroom is a household not formed, a lease unsigned, a starter home unpurchased."
  • The United States faces a deficit of approximately 4 million homes, a gap that has widened since the 2008 financial crisis, creating persistent upward pressure on housing costs for young adults.
Insights by Ground AI

18 Articles

KPAXKPAX
+8 Reposted by 8 other sources
Center

More 30-somethings staying in parents’ homes amid housing crunch

More young adults are living with their parents, according to a new report from Realtor.com.The report, released Thursday, found that one in three adults younger than 35 live with their parents near an all-time high. During the height of the COVID-19 pandemic in 2020, 33.9% of young adults lived at home.Realtor.com said affordable housing not a lack of jobs is a major factor. Seven in 10 adults ages 25 to 34 who live at home are employed, the re…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 77% of the sources are Center
77% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

PR Newswire broke the news in United States on Thursday, June 18, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal