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Here's the Average Home Value of 70-Year-Old Americans (How Do You Compare?)

Here's the number to measure your own place against if you're around 70.

By Chris Lewis, CEPF , Edited by Calista Headrick

Updated Nov. 10, 2026

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If you're in your 70s and own a home, you might wonder where you stand financially compared to everyone else. Home values have moved a lot over the past few years, and it's easy to lose track of where things actually stand.

There's a clear number for this age group, and it's a useful starting point. Here's what the data shows.

Editor's note: Figures come from the Bureau of Labor Statistics Consumer Expenditure Surveys, 2024 data. Ages 65 to 74 stand in for age 70, and the home value is an average before any mortgage is subtracted.

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So what's the average home value for 70-year-olds?

Average: $369,134

Households ages 65 to 74 report an average estimated market value of $369,134 for their owned home, according to the Bureau of Labor Statistics Consumer Expenditure Surveys for 2024. That's the figure that best represents a 70-year-old, since 70 sits right in the middle of that 65 to 74 band.

This is an average, not a median, so it reflects the overall pool of homes owned by people in this age group rather than the exact middle value. Keep that distinction in mind as you compare your own home value to this number.

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What's in that $369,134

This figure is the estimated market value of an owned home as tracked by the Consumer Expenditure Surveys. It's a gross value based on what the home would likely sell for, not a figure net of any mortgage or home equity loan.

The BLS doesn't spell out whether households in the age band that don't own a home are counted in the average. The same data also tracks an estimated monthly rental value for owned homes in this age group, which came in at an average of $1,822 for 2024.

For households ages 65 to 74, the average has risen every year since 2020. It was $267,787 in 2020, $294,654 in 2021, $309,605 in 2022, and $329,780 in 2023.

How many families own a home at all

Nationally, 66% of all U.S. families own a home, according to the Federal Reserve's 2025 Survey of Consumer Finances. That share covers families of every age, not just those in their 60s and 70s.

How that compares with homeowners nationwide

Among families that own a home, the median net housing value (home value minus any home-secured debt) is $230,000, up from $218,900 in the prior 2022 survey, per the 2025 Survey of Consumer Finances. That's a median for homeowners only, and it measures value after debt, which makes it a different kind of number than the gross average for households ages 65 to 74.

The two figures also come from separate surveys with different methods, so treat them as separate snapshots rather than numbers you can line up side by side.

What to do with your own home number

Check your home's current estimated value through a recent appraisal or a local real estate agent's comparative market analysis.
Review your mortgage statement to see how much is left on any loan secured by your home.
Talk with a financial advisor or housing counselor before making big decisions like a reverse mortgage or home equity loan.
Keep records and receipts for home improvements you make.
Revisit your estate plan to make sure your home is accounted for the way you want it to be.

Bottom line

The average home value for households ages 65 to 74 was $369,134 in 2024, and that average has risen every year since 2020, according to the Consumer Expenditure Surveys. It's a gross market value, not a figure that accounts for any mortgage still owed.

Nationally, 66% of families own a home, and families that own have a median net housing value of $230,000, per the Federal Reserve's 2025 Survey of Consumer Finances. Knowing these figures can help you compare your own situation and make smart homeowner moves.

FAQs

Does this average subtract what I still owe?

No. The $369,134 average for households ages 65 to 74 is a gross estimated market value, so it doesn't factor in a mortgage or any other loan secured by the home. The Federal Reserve measures net housing value separately, which is home value minus home-secured debt.

How much equity do homeowning families have?

Among families that owned a home, the median net housing value was $230,000 in the Federal Reserve's 2025 Survey of Consumer Finances, up from $218,900 in the 2022 survey. That's a national median across all ages, not a figure for 70-year-olds.

How has home value changed for this age group over time?

For households ages 65 to 74, the average estimated market value went from $267,787 in 2020 to $294,654 in 2021, $309,605 in 2022, $329,780 in 2023, and $369,134 in 2024, according to the Consumer Expenditure Surveys. It rose in each of those years.

This article is for informational purposes only and should not be considered investment advice.

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