Jacksonville, FL, has proven to be a significant area for younger generations building housing wealth.
Gen Z and millennials in this region saw their housing wealth grow by an impressive 315.00%, according the 2025 Realtor.com® Generational Wealth report.
This growth comes at a time when the path to homeownership has become more challenging. The median age for first-time homebuyers reached 40 in 2025, a notable increase from 30 in 1990. This shift is largely due to home prices rising nearly twice as fast as incomes, extending the time needed to save for a down payment from 3 years to almost 10 years…