Boomers and older homeowners in Pensacola, FL, have seen significant gains, with their housing wealth growing by an impressive 108.2%, according to the 2025 Realtor.com® Generational Wealth report.
This growth occurs as the broader housing market faces shifts, with the median age for first-time homebuyers rising from 30 in 1990 to 40 in 2025. This increase is largely due to home prices growing nearly twice as fast as incomes, extending the time needed to save for a down payment from approximately 3 years to almost 10 years.
But for those in their retirement years who bought young and held on to property, particularly in the popular Florida enclave, the reward has been billions in net worth growth in the region.
Pensacola’s housing wealth for Boomers
Pensacola stands out as a market where Boomers and older homeowners have experienced substantial housing wealth growth. These residents saw their housing wealth increase by an impressive $15.2 billion between 2019 and 2024, according to the Realtor.com findings…