Among recent home buyers, 41 percent had children under 18 in the home. Eighteen percent of buyer households had one child, 16 percent had two children, and 7 percent had three or more children.
Buyers who had children in the home are more likely than those without children to be purchasing a home because of the desire for a larger home, due to a job-related relocation, or a change in a family situation.
Buyers who had children in the home had slightly different priorities than buyers without children. The quality of the school district and convenience to parks and recreational facilities were much more important to those with children.
Buyers with children in the home also place higher importance on a home with a basement, a family room, a kitchen island and an eat-in kitchen.
For more information on the Profile of Home Buyers and Sellers, click here. And for more info on the Profile of Buyers’ Home Feature Preferences, visit here.