Roughly 30% of Utah homes are owned by people 65 and older. THAT'S 345,000 HOMES!
Roughly 30% of Utah homes are owned by people 65 and older. THAT'S 345,000 HOMES!
At some point, all that real estate is going to change hands—and most of it will go to younger generations. That shift is coming whether we're ready or not.
Think about it like this:
We’re about to see one of the biggest transfers of property wealth in state history. For families, that means decision time—keep the home, sell it, rent it, or divide it. For the market, it means opportunity mixed with complexity.
And with Utah having the youngest median age in the country, this generational hand-off won’t look like it does in other states.
You've got more young buyers, more multigenerational households, and more emotional ties to real estate. That’s a unique combo—and it’s something investors, families, and professionals should all be paying attention to.
This transition is going to shape Utah's real estate market for decades. The question is: will we be ready to handle it wisely, or will we get caught off guard?
Whether you're a homeowner, investor, or someone helping family through a major life event—it's worth thinking ahead.
The homes may be passing hands, but the decisions we make now will shape what Utah looks like for the next generation.
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