Where Millennials Are Buying Now

The Market Is Shifting—And It’s Quieter Than You’d Think

For all the talk of high mortgage rates and buyer fatigue, there’s a quiet movement reshaping the 2025 market—and millennials are at the center of it.

A recent Realtor.com® survey found that nearly one in four millennials plans to buy a home in the next six months, a significant jump from late last year. And as a St. Paul real estate expert, I can tell you: that national momentum is showing up right here—especially in neighborhoods that offer character, walkability, and a strong sense of place.

Why Millennials Are Choosing St. Paul

Cathedral Hill is a standout. With its tree-lined streets, iconic architecture, and a lifestyle that blends history with modern taste, it’s exactly the kind of environment today’s buyers are gravitating toward.

They’re not just looking for square footage—they want story, charm, and community. Think morning lattes at Nina’s, dinner on the patio at W.A. Frost, or an unhurried stroll past the Cathedral as the sun sets. This is not just a place to live—it’s a way to live.

What This Means for Sellers (and Buyers)

Updated, move-in-ready homes or properties with historic detail and strong visual character are catching attention. While inventory is higher, it’s quality and vibe—not quantity—that are influencing decisions.

This week, I’m sharing a quiet preview of a rare residence inside The Commodore—a space with presence, history, and two elegant levels that speak for themselves.

Final Thoughts

Whether you're thinking of making a move or just staying attuned to what's changing, the return of millennial buyers is a shift worth watching. The headlines may be mixed, but on the ground, the story is unfolding—one buyer, one block, and one lifestyle at a time.