That spare room on the main floor. The finished basement with a kitchenette and its own entrance. Even that bonus room you’ve been using for storage.
What feels like extra space to you could be exactly what a growing number of buyers are looking for. In fact, multi generational homebuying is on the rise.
Millions of Families Are Living Multi-Generationally
More families are choosing to live together under one roof. Multi generational households grew from 3.2 million to nearly 4 million between 2014 and 2024, according to Realtor.com.
And every year, more people are looking for a bigger home that works for everyone in the family.
While more families are choosing to live together, it’s more common in some states than others. USAFacts data shows where multi generational living is most popular, with darker areas on the map representing higher rates.
So, where does your state rank? Depending on where you live, there could be even more buyers looking for a home like yours than you realize. But here’s the bottom line.
There’s a strong market for larger homes that can comfortably fit multiple generations, especially with affordability still being a challenge. If you own a home like that, there are buyers looking for it.
Multi-Generational Houses Sell at a Premium
And that extra space can be worth a lot to the right buyer. In 2025, Realtor.com reported a median asking price of $709,000 for multi generational homes, about 65% higher than the $429,900 median for a standard home.
Some of that difference comes down to size. But even when you compare homes with the same amount of square footage, multi generational homes still command more, at $262 per square foot compared to $215.
That means you could potentially command a 22% premium for features like in law suites, second kitchens, and separate entrances.
When you sell, this could help you put more money in your pocket, especially if your agent highlights the multi generational features that make your home stand out.
And Buyers Aren’t Getting Sticker Shock
Even with slightly higher price tags, buyers are still paying attention. Multi generational homes got 13.5% more online views than standard homes and sold just as quickly, in about 59 days, according to Realtor.com.
““The strong demand and steep premiums we are seeing in inventory-constrained markets point to a real mismatch between what buyers are looking for and what is actually available. For sellers in these markets, this type of home can be a significant asset.”
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When buyers have specific needs, the homes that check all the right boxes tend to stand out.
Bottom Line
Your multi generational friendly home, or simply your larger than average home, could offer features many buyers can’t find in a standard house. That’s what gets attention and can lead to offers. So, let’s talk about what your home could be worth in today’s market.
