In recent years, one of the most noticeable shifts in the housing market has been the rise of multigenerational living. More families than ever are choosing to live under one roof—blending generations to share expenses, responsibilities, and everyday life. But this trend is about more than saving money; it’s redefining how we think about home.
If you're buying, selling, or designing a home in today’s market, understanding the appeal and unique needs of multigenerational households is more important than ever.
What Is a Multigenerational Home?
A multigenerational home typically includes two or more adult generations living together—or a family that includes grandparents, parents, and children all in one household. Whether it’s aging parents moving in, adult children returning home, or extended families joining forces, the setup is increasingly common across the U.S.
Why the Trend Is Growing
Economic Advantages
Rising housing costs, student loan debt, and caregiving expenses have made shared living a smart financial move. Pooling resources helps families reduce individual costs for mortgages, utilities, groceries, and childcare.
Family Support and Childcare
Having grandparents or adult relatives nearby means extra hands to help with childcare, errands, and emergencies. It strengthens the family unit and reduces dependence on paid services.
Caring for Aging Relatives
Many families prefer to keep elderly parents close instead of placing them in care facilities. Multigenerational living makes it easier to provide daily support while maintaining independence.
Cultural Values
In many cultures, living with extended family is the norm. The trend is also gaining popularity among younger generations who value togetherness and shared responsibilities.
What Buyers Are Looking for in Multigenerational Homes
- Separate Entrances or In-Law Suites
Homes with basement apartments, casitas, or private guest wings are in high demand for multigenerational buyers.
- Flexible Floor Plans
Open layouts with multiple living areas and extra bathrooms offer both shared space and personal privacy.
- Accessibility Features
First-floor bedrooms, walk-in showers, and minimal stairs are appealing for aging relatives or those with mobility needs.
- Dual Kitchens or Kitchenettes
Homes that offer multiple cooking areas give family members more autonomy.
How Sellers Can Attract Multigenerational Buyers
If you're selling a home that offers any of these features, highlight them in your listing. Be sure to mention bonus rooms, flexible layouts, finished basements, or any setup that could support multiple generations. These buyers are looking for functionality and comfort—and they’re willing to pay for the right fit.
The Bottom Line
Multigenerational living is no longer just a backup plan—it’s a purposeful choice that offers emotional and financial benefits for families of all kinds. As the demand for these homes continues to grow, buyers and sellers who understand the trend will be best positioned to succeed in today’s evolving real estate market.