No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, April 21, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Markets

15 Cities in America Where Homebuyers Compete for Aging Fixer-Uppers

by TheAdviserMagazine
4 weeks ago
in Markets
Reading Time: 32 mins read
A A
15 Cities in America Where Homebuyers Compete for Aging Fixer-Uppers
Share on FacebookShare on TwitterShare on LInkedIn


wotgat / Shutterstock.com

Editor’s Note: This story originally appeared on Construction Coverage.

Today’s real estate market is a challenging one for buyers. While home prices have relaxed since their peak in the COVID-19 pandemic, the typical cost of a home in the U.S. has risen by more than 23% from early 2020 through the end of 2025.

Compounding the housing affordability problem further, mortgage rates remain at elevated levels not seen since before the Great Recession. Additionally, the impacts of high rent and inflation have made it harder for many would-be buyers to save up for home purchases.

Underlying all of these conditions is the simple fact that America has been slow to add new homes to its housing supply.

Estimates of the national housing shortfall range between 1.5 and 7.3 million housing units relative to the needs of the current population. One of the primary reasons is that many construction firms downsized or went out of business entirely during the Great Recession, leading to a long stretch of underbuilding.

This prolonged underinvestment has led to an aging housing stock, leaving buyers to contend with homes that often require expensive repairs, costly renovations, and higher energy bills.

To better understand where these effects are most pronounced, researchers at Construction Coverage examined patterns in housing age using the latest data from the U.S. Census Bureau. For more information, refer to the methodology at the end.

Here are the cities with the oldest homes.

15. St. Louis, MO-IL

Homes in St. Louis Missouri
Rob Neville Photos / Shutterstock.com

Median home age: 50
Median year built: 1974
Share of homes built before 1980: 57.5%
Share of homes built before 1940: 15.1%
Share of homes built since 2010: 9.6%

14. Chicago-Naperville-Elgin, IL-IN

Homes in Chicago
James Andrews1 / Shutterstock.com

Median home age: 52
Median year built: 1972
Share of homes built before 1980: 61.1%
Share of homes built before 1940: 19.7%
Share of homes built since 2010: 7.1%

13. Los Angeles-Long Beach-Anaheim, CA

Home in Los Angeles
divanov / Shutterstock.com

Median home age: 55
Median year built: 1969
Share of homes built before 1980: 66.2%
Share of homes built before 1940: 11.6%
Share of homes built since 2010: 7.8%

12. San Francisco-Oakland-Fremont, CA

Homes in San Francisco, California
Sergey Novikov / Shutterstock.com

Median home age: 56
Median year built: 1968
Share of homes built before 1980: 65.6%
Share of homes built before 1940: 20.0%
Share of homes built since 2010: 8.8%

11. Detroit-Warren-Dearborn, MI

Houses in Detroit
Matthew G Eddy / Shutterstock.com

Median home age: 56
Median year built: 1968
Share of homes built before 1980: 65.6%
Share of homes built before 1940: 13.3%
Share of homes built since 2010: 6.3%

10. Milwaukee-Waukesha, WI

Milwaukee homes
Henryk Sadura / Shutterstock.com

Median home age: 56
Median year built: 1968
Share of homes built before 1980: 66.1%
Share of homes built before 1940: 19.8%
Share of homes built since 2010: 7.9%

9. Hartford-West Hartford-East Hartford, CT

Hartford, Connecticut
JTMC / Shutterstock.com

Median home age: 56
Median year built: 1968
Share of homes built before 1980: 67.8%
Share of homes built before 1940: 18.7%
Share of homes built since 2010: 5.4%

8. Rochester, NY

Rochester, NY
debra millet / Shutterstock.com

Median home age: 57
Median year built: 1967
Share of homes built before 1980: 67.0%
Share of homes built before 1940: 26.3%
Share of homes built since 2010: 6.7%

7. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Homes in Philadelphia
Olga V Kulakova / Shutterstock.com

Median home age: 58
Median year built: 1966
Share of homes built before 1980: 65.3%
Share of homes built before 1940: 21.6%
Share of homes built since 2010: 8.4%

6. Boston-Cambridge-Newton, MA-NH

Boston, Massachusetts
Sunny Chanruangvanich / Shutterstock.com

Median home age: 59
Median year built: 1965
Share of homes built before 1980: 65.0%
Share of homes built before 1940: 30.7%
Share of homes built since 2010: 10.5%

5. Providence-Warwick, RI-MA

Home in Providence, Rhode Island
Laura Stone / Shutterstock.com

Median home age: 60
Median year built: 1964
Share of homes built before 1980: 68.5%
Share of homes built before 1940: 29.2%
Share of homes built since 2010: 6.1%

4. Cleveland, OH

Cleveland, Ohio
Pedro Gutierrez / Shutterstock.com

Median home age: 61
Median year built: 1963
Share of homes built before 1980: 70.4%
Share of homes built before 1940: 21.5%
Share of homes built since 2010: 6.2%

3. New York-Newark-Jersey City, NY-NJ

Newark, New Jersey
EQRoy / Shutterstock.com

Median home age: 63
Median year built: 1961
Share of homes built before 1980: 71.7%
Share of homes built before 1940: 27.1%
Share of homes built since 2010: 8.0%

2. Pittsburgh, PA

Pittsburgh homes
Steve Heap / Shutterstock.com

Median home age: 64
Median year built: 1960
Share of homes built before 1980: 72.3%
Share of homes built before 1940: 25.3%
Share of homes built since 2010: 6.8%

1. Buffalo-Cheektowaga, NY

Townhouse in Buffalo, New York
CEW / Shutterstock.com

Median home age: 66
Median year built: 1958
Share of homes built before 1980: 76.6%
Share of homes built before 1940: 29.1%
Share of homes built since 2010: 5.4%

Methodology

Business analyst woman working in an office on a computer and analyzing data
Undrey / Shutterstock.com

The data used in this analysis is from the U.S. Census Bureau’s 2024 American Community Survey 1-Year Estimates.

To determine the locations with the oldest homes, researchers calculated the median age of residential housing units based on the year each unit was built. In the event of a tie, the location with the larger percentage of homes built before 1980 was ranked higher.

To improve relevance, metropolitan statistical areas were grouped into cohorts based on population size.



Source link

Tags: AgingAmericaCitiescompeteFixerUppersHomebuyers
ShareTweetShare
Previous Post

Carnival Corporation & plc (CCL) Reports Q1 Earnings

Next Post

10 Things You Should Never Do in the Grocery Store

Related Posts

edit post
Amazon Launches Nationwide GLP-1 Weight-Loss Program

Amazon Launches Nationwide GLP-1 Weight-Loss Program

by TheAdviserMagazine
April 21, 2026
0

Amazon is rolling out a new GLP-1 program aimed at simplifying access to popular weight-loss drugs, from doctor visits to...

edit post
Trump administration discussing currency swap line with UAE

Trump administration discussing currency swap line with UAE

by TheAdviserMagazine
April 21, 2026
0

The White House has discussed offering a financial lifeline to the United Arab Emirates as the U.S. war with Iran...

edit post
Boston Scientific (BSX) Q1 2026 Preview: alt=

Boston Scientific (BSX) Q1 2026 Preview: $0.79 EPS Expected, Up Year-Over-Year

by TheAdviserMagazine
April 21, 2026
0

BSX|EPS Est $0.79 (25 analysts)|Rev Est $5.17B|Reports on 2026-04-22 Wall Street expects modest growth when Boston Scientific Corporation reports its...

edit post
The Quiet Way Grocery Brands Are Charging You More for Less

The Quiet Way Grocery Brands Are Charging You More for Less

by TheAdviserMagazine
April 21, 2026
0

Your grocery bill keeps getting bigger, but you may not have noticed that simultaneously, some food packages are getting smaller....

edit post
From Mani-Pedis to a Million Bucks

From Mani-Pedis to a Million Bucks

by TheAdviserMagazine
April 21, 2026
0

Life takes us all on a journey. One that ultimately defines us as individuals. For some of you, that path...

edit post
BCB Bancorp Releases Q1 2026 Financial Results

BCB Bancorp Releases Q1 2026 Financial Results

by TheAdviserMagazine
April 21, 2026
0

BCBP|EPS $0.26|Net Income $4.9M BCB Bancorp, Inc. (NASDAQ: BCBP) posted Full Year 2026 diluted EPS of $0.26. For Q1 FY26,...

Next Post
edit post
Carnival Corporation & plc (CCL) Q1 2026 Earnings Recap

Carnival Corporation & plc (CCL) Q1 2026 Earnings Recap

edit post
Southland Holdings, Inc. (SLND) Q4 Earnings: Misses on EPS, Revenue Recap

Southland Holdings, Inc. (SLND) Q4 Earnings: Misses on EPS, Revenue Recap

  • Trending
  • Comments
  • Latest
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

March 27, 2026
edit post
Virginia Permits ADULT MIGRANT MEN To Attend High School

Virginia Permits ADULT MIGRANT MEN To Attend High School

March 30, 2026
edit post
A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

March 30, 2026
edit post
Tax Flight Accelerates In Massachusetts

Tax Flight Accelerates In Massachusetts

April 6, 2026
edit post
Property Tax Relief & Income Tax Relief

Property Tax Relief & Income Tax Relief

April 1, 2026
edit post
Major crypto platform shuts down amid market slump

Major crypto platform shuts down amid market slump

0
edit post
Amazon Launches Nationwide GLP-1 Weight-Loss Program

Amazon Launches Nationwide GLP-1 Weight-Loss Program

0
edit post
Wealthsimple-X deal sparks investor risk concerns

Wealthsimple-X deal sparks investor risk concerns

0
edit post
It’s not just war that brought rupee down, it needs better support

It’s not just war that brought rupee down, it needs better support

0
edit post
Trump extends Iran ceasefire after insisting he wouldn’t hours earlier

Trump extends Iran ceasefire after insisting he wouldn’t hours earlier

0
edit post
Trump administration discussing currency swap line with UAE

Trump administration discussing currency swap line with UAE

0
edit post
Amazon Launches Nationwide GLP-1 Weight-Loss Program

Amazon Launches Nationwide GLP-1 Weight-Loss Program

April 21, 2026
edit post
It’s not just war that brought rupee down, it needs better support

It’s not just war that brought rupee down, it needs better support

April 21, 2026
edit post
Military planners meet in London to discuss reopening Strait of Hormuz

Military planners meet in London to discuss reopening Strait of Hormuz

April 21, 2026
edit post
Trump administration discussing currency swap line with UAE

Trump administration discussing currency swap line with UAE

April 21, 2026
edit post
Trump extends Iran ceasefire after insisting he wouldn’t hours earlier

Trump extends Iran ceasefire after insisting he wouldn’t hours earlier

April 21, 2026
edit post
Market Talk – April 21, 2026

Market Talk – April 21, 2026

April 21, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Amazon Launches Nationwide GLP-1 Weight-Loss Program
  • It’s not just war that brought rupee down, it needs better support
  • Military planners meet in London to discuss reopening Strait of Hormuz
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.