Study: Boomers Leaving Their Homes Will Dramatically Increase Housing Supply

New analysis by Zillow predicts a "Silver Tsunami" of residential properties coming to the market as Baby Boomers leave the housing market. The effect could be like the housing boom of the mid-2000s.

1 minute read

November 26, 2019, 9:00 AM PST

By James Brasuell @CasualBrasuell


babyt Boomer Homeowners

sirtravelalot / Shutterstock

An article by Issi Romen explains the findings of recent analysis by Zillow that predicts "more than a quarter (27.4 percent) of the nation’s currently owner-occupied homes are likely to hit the market" over the next 20 years as Baby Boomers pass away or move out of their single-family residential neighborhoods. As many as 20 million homes could hit the market through the mid 2030s, according to the analysis.

The impact of so many people vacating their homes all at once is likely to vary between markets, according to Romen, with traditional retirements hubs like in Florida and Arizona likely to experience the most effects from the transition.

"Housing released by the Silver Tsunami will provide a substantial and sustained boost to housing supply, comparable in magnitude to the fluctuations that new home construction experienced in the 2000s boom-bust cycle," according to Romen.

The Zillow study inspired news coverage by Laura Kusisto and Cassidy Araiza that resides behind the Wall Street Journal paywall.

Friday, November 22, 2019 in Zillow

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Cover CM Credits, Earn Certificates, Push Your Career Forward

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

June 11, 2025 - Diana Ionescu

Rendering of Shirley Chisholm Village four-story housing development with person biking in front.

San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning

SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.

June 8, 2025 - Fast Company

Yellow single-seat Japanese electric vehicle drivign down road.

The Tiny, Adorable $7,000 Car Turning Japan Onto EVs

The single seat Mibot charges from a regular plug as quickly as an iPad, and is about half the price of an average EV.

June 6, 2025 - PC Magazine

Tall modern condo buildings on both sides of CN Tower rising in middle.

Toronto Condo Sales Drop 75%

In two of Canada’s most expensive cities, more condos were built than ever — and sales are plummeting.

30 minutes ago - Financial Post

Two people walking away from camera through pedestrian plaza in street in Richmond, Virginia with purple and white city bus moving in background.

Vehicle-related Deaths Drop 29% in Richmond, VA

The seventh year of the city's Vision Zero strategy also cut the number of people killed in alcohol-related crashes by half.

1 hour ago - WRIC

White Waymo autonomous car driving fast down city street with blurred background at night.

Seattle's Plan for Adopting Driverless Cars

Equity, safety, accessibility and affordability are front of mind as the city prepares for robotaxis and other autonomous vehicles.

June 16 - Smart Cities Dive