Gen X, Millennials Bringing Back The Multi-Generational Home

It seems hard to believe, but the first Gen Xers are turning 58 this year. As Gen X ages, their Millennial children are too. Gen X has adult children with their own children now. These generations are bringing back the multi-generational home. They’re doing it for financial reasons, to be nearer to family and even to help each other out as Gen X ages. Multi-generational homes used to be common, but for decades, they were much more rare. Now, Gen X and their adult millennial children are choosing to live in a multi-generational home. Actually, one in every six Gen X homebuyer is purchasing a home for multi generational use. Meanwhile, nine percent of older millennials purchase multi-generational homes, many of them to take care of an aging parent.

The multi ienerational home allows young people the chance to save for a down-payment and make financial decisions that are smarter. Because of these choices, younger millennials are more likely than any other generation to move right into home-ownership, skipping the apartment scene altogether!

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Newest Homes for Sale in Dubois County

View the newest homes listed in Dubois County in the last 10 days:

Check out this priced to sell .72 of an Acre, 3 Bedroom Home with tons of Garage space. This property sits on a corner and is very private. $59,000 Active

4542 S 50 E Huntingburg, Indiana

3 Beds 1 Baths 684 SqFt 0.720 Acres

Listing courtesy of Larry Carpenter III from Carpenter Realty LLC.

Wow!! This 4 Bed and Home in Jasper is located near parks, football fields, and the downtown area. This Home has exquisite landscaping and a privacy fence. The detached 1 car garage would be perfect for storage. This Home is move in ready and is priced to sell. The interior has great colors and design. There are multiple bonus rooms and a gaming room in the basement for the gamer in the family! $149,900 Active

335 W Fifth St. Jasper, Indiana

4 Beds 1 Baths 1,404 SqFt 0.130 Acres

Listing courtesy of Larry Carpenter III from Carpenter Realty LLC.

Zoned R 3 but under the Medical Overlay provides an opportunity for any kind of medical related facility. Conveniently located across from Memorial Hospital parking, this home gives the buyer a clean slate as to designing the building to fit their specific needs. Also there is a screened in porch and garage to expand your sq. footage. There should be ample space for parking in the back yard or the two lots asside of this property can be purchased for additional parking and growing space. $179,000 Active

813 Dorbett Street Jasper, Indiana

2 Beds 1 Baths 1,331 SqFt 0.280 Acres

Listing courtesy of Judy Gosman from RE/MAX Local.