A new survey from Clever Real Estate shows that 61% of baby boomer homeowners say they “never” plan to sell their homes, a jump of 7 percentage points from 2024. The main reason? More than half want to age in place.

That’s a big shift. Baby boomers now make up the largest share of U.S. homeowners, and if more than 6 in 10 say they’ll “never” sell, that has ripple effects:

• Inventory squeeze: With fewer boomers putting homes on the market, younger buyers have less supply to choose from, which can keep prices elevated.
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• Aging in place trend: The desire to stay put often means investing in accessibility upgrades—things like stair lifts, walk-in showers, and smart home tech for safety.
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• Generational divide: Millennials and Gen Z face higher borrowing costs and limited starter-home availability, while boomers are holding onto larger family homes longer.
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• Long-term planning: Some experts note that many of these homes will eventually transfer through inheritance rather than sales, changing how housing stock re-enters the market.

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