Where Have Boomers Amassed the Most Home Equity? 

A new analysis from Realtor.com highlights the U.S. metro areas where baby boomers, defined as those born between 1946 and 1964, hold the greatest amount of housing wealth. Florida dominates the list, with five of the top ten metros, but other areas, from coastal California to New England, also rank high. 

The rankings reflect a mix of factors: the number of homeowners aged 65 and older, the overall value of homes in each metro, and the share of that value held by retirees. The result is a snapshot of where older Americans have built up the most home equity. 

North Port-Bradenton, Florida, tops the list with boomers owning ninety seven billion dollars of the metro’s one hundred and seventy four billion dollars total real estate value. More than half of homeowners there are 65 or older, and the median home price is four hundred and ninety five thousand dollars. 

Naples-Marco Island, Florida, comes in next, with retirees owning seventy billion dollars in property. The area’s high-end appeal, white-sand beaches, luxury resorts, and more than 90 golf courses pushes the median home price up to seven hundred and forty nine thousand dollars. 

In Santa Rosa-Petaluma, California, homeowners aged 65 and up hold fifty four billion dollars in real estate wealth. The median home price is nine hundred ninety five thousand dollars, making it one of the priciest areas on the list. 

Barnstable Town, Massachusetts, which includes Cape Cod, shows a median home price of eight hundred ninety nine thousand two hundred and fifty dolllars. Older residents own thirty four billion dollars of the sixty four billion dollars total home value in the area. 

Prescott-Prescott Valley, Arizona, rounds out the top group with retirees owning twenty seven billion dollars in real estate. The region’s dry climate and lower insurance costs make it an appealing alternative to Florida, though the median price is still six hundred and ninety nine. thousand dollars. 

One standout is The Villages, a sprawling retirement community in Florida. Nearly eighty percent of homeowners are 65 and older, and the median home price is just three hundred and sixty nine thousand nine hundred dollars, far lower than other top retiree markets. The area was also the nation’s fastest-growing metro in 2023, according to U.S. Census data. 

As of early 2025, owner-occupied home values totaled forty seven point nine trillion dollars, with thirty four point five trillion dollars in home equity. Realtor.com estimates that boomers hold up to nineteen trillion dollars of that equity, more than any other generation. 

According to the U.S. Census Bureau, nearly twelve thousand people a day will turn 65 through 2027. But despite the aging trend, many boomers say they are in no rush to transfer their wealth. A Charles Schwab survey found that nearly half want to “enjoy my money for myself while I’m still alive.” 

Click here for more on Realtor.com’s analysis of U.S. housing wealth. 

The post Where Have Boomers Amassed the Most Home Equity? first appeared on The MortgagePoint.

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