Older Americans now hold as much real estate wealth as middle-aged homeowners, illustrating the widening gaps in homeownership access and long-term home price gains.

An analysis from Redfin, based on data from the Federal Reserve Board, found that Americans ages 70 and older controlled roughly 26% of the nation’s $48 trillion in real estate wealth in the third quarter of 2025. That matches the share held by those ages 40 to 54 — the first time the two groups have reached parity.

The crossover first occurred in the second quarter of 2025, when older Americans slightly surpassed the 40-to-54 age group details ⇒

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