The North Port-Bradenton, FL metro area has seen significant housing wealth growth for Boomers and older generations in recent years, with an impressive 107.70% increase in housing wealth since 2020, according to the 2025 Realtor.com® Generational Wealth report.
This growth highlights a broader trend where early homeownership plays a crucial role in building substantial net worth. The median age for first-time homebuyers has climbed from 30 in 1990 to a projected 40 in 2025, largely because home prices have grown nearly twice as fast as incomes. This has extended the time needed to save for a down payment from about 3 years to almost 10 years.
And yet, for those who invested early and in places like North Port and Bradenton, FL, the reward has been billions in home equity to tap for the next chapter of life.
Boomers found significant wealth growth in North Port-Bradenton
The North Port-Bradenton, FL, metro area has been a notable location for Boomers and older homeowners to build significant wealth. This demographic group saw their housing wealth grow by an impressive $63.7 billion in the region between 2019 and 2024, according to the Realtor.com findings…