Will Atlanta be the Hot Millennial Housing Market of 2016? – NMP Skip to main content

Will Atlanta be the Hot Millennial Housing Market of 2016?

Dec 08, 2015
With 2016 only three weeks away, housing experts are still trying to figure out how to lure more Millennials into homeownership

With 2016 only three weeks away, housing experts are still trying to figure out how to lure more Millennials into homeownership. Realtor.com has offered a distinctive way to figure out which major metro markets offer the best opportunity for Millennial homebuyers—and, of course, the mortgage professionals eager to work with them.

Combining the quantity of Millennials that viewed “For Sale” listing pages on Realtor.com with media list prices and the population share of older Millennials (ages 24 to 35) per market, Realtor.com named Atlanta as the best Millennial housing market for 2016. The Georgia city’s selling points include an affordable median list price ($234,000), a solid population share of older Millennials (13.6 percent) and vibrant opportunities for employment, affordable housing and social activities (which, it seems, are must-haves for this demographic). Other top markets include Pittsburgh, Memphis, Boston (perhaps a surprise listing, given its hefty $408,000 median list price), Austin, San Diego (another surprise listing, with a $585,000 list price), Seattle, Houston, Denver and Charlotte.

At the other end of the spectrum, Realtor.com singled out five markets where the number of mortgages purchased in 2015 by Millennials was below average and where few members of that demographic were actively looking on the company’s Web site. The bottom five were Jacksonville, Fla.; Phoenix; Port St.Lucie, Fla.; Spokane, Wash.; and Stockton, Calif.

About the author
Published
Dec 08, 2015
July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief

Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year

Aug 13, 2026
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Jul 15, 2026
First Major Housing Reform In Decades Becomes Law Without Trump's Signature

Bipartisan ROAD to Housing Act advances supply, construction, and mortgage reforms despite White House protest

Jul 10, 2026
Mortgage Star Conference Honors Women Shaping The Future Of Mortgage Leadership

MWLC honors leaders driving innovation, mentorship, and growth across the mortgage industry

Jul 09, 2026
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Jul 02, 2026