Minnesota Named The Best State For Young Homebuyers

This is interesting! Minnesota just claimed the top spot of a pretty important study, and it all has to do with buying a home.

I bought my first house last year and it was a super competitive market but strangely enough, I enjoyed the process from start to finish.

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I might not be the only one because Minnesota was just named the top state for young homebuyers by Realtor.com.

The website made a top ten list of the best states for young homebuyers - beating out every other state in the country. Keep reading to find out why.

Realtor.com Names Top 10 States For Young Homebuyers

This study, which came out late last month, looked at a few key factors to make this list, including the homeownership rates for people under 35 and the average young adult income in the state (which looks at adults ages 25 to 44).

RELATED: The Most Affordable Minnesota Cities In 2025

It looks like Minnesota is cool, because we came out on top, with the most homebuyers ages 35 and under at the moment. According to the report, Minnesota has a 50.8 percent homeownership rate for people 35 and under.

Why Minnesota Ranked So High

We all know what makes Minnesota so nice, pun intended, but why did we come in number one? According to this study, the Minnesota homebuying market is attractive because house prices tend to be lower than the national average.

RELATED: Minnesota Named A Top Spot For Tiny Home Living

Minnesota also allows for many job opportunities, which also helped boost Minnesota to the top spot because people ages 35 and under make more than the national average. Pairing a higher average salary and cheaper home prices, you get a magical combination it seems.

So what other states made the list? You can check out a map below, courtesy of Realtor.com. Happy homebuying!