Many members of Generation X — born between 1965 and 1980 — are well into their middle age. While most Gen Xers aren’t house hunting, they make up a notable chunk of homebuyers in today’s expensive housing market.

To highlight where Gen Xers are looking to buy, we analyzed mortgage offers given to users of our online shopping platform across the nation’s 50 largest metropolitan areas in 2023. Here's what we found. 

• Across the nation’s 50 largest metros, 21.25% of mortgage offers in 2023 on the LendingTree platform went to Gen Xers. 
• Gen Xers made up the largest share of potential homebuyers in Miami, Riverside, Calif., and Las Vegas. In Miami, 27.43% of mortgage offers made on the LendingTree platform went to Gen Xers. The shares in Riverside and Las Vegas were 27.14% and 27.07%, respectively. 
• Gen Xers made up the smallest share of potential buyers in Buffalo, N.Y., Salt Lake City and Boston. With 15.39% and 15.92% of mortgage offers going to Gen Xers in Buffalo and Salt Lake, these were the only two metros in which fewer than 16% of mortgage offers went to Gen Xers.
• Gen Xers often planned to put larger down payments toward their homes than millennials, but they tended to be offered smaller mortgages.

You can check out our full report here: https://www.lendingtree.com/home/mortgage/most-popular-metros-gen-x-homebuyers/

LendingTree's Senior Economist and report author, Jacob Channel, had this to say:

"Members of Generation X are by no means the largest group of homebuyers in today’s housing market, but they nonetheless make a sizable impact. Owing to the fact that many are in their peak earning years, homebuying can be attainable for some Gen Xers, even in today’s expensive housing market. Of course, not all Gen Xers are wealthy and like members of any generation, dealing with relatively high mortgage rates and home prices can be challenging."