Younger Veterans are leading a powerful wave of homeownership across the U.S. As Millennials & Gen Z transition out of active duty and into civilian life, they’re taking advantage of one of the most valuable military benefits available—the VA Home Loan.
While many non-military first-time homebuyers are struggling to save a 3.5%–5% down payment, often while burdened by substantial student loan debt, military Veterans are in a different position. Many are graduating debt-free and using their VA Home Loan benefit to purchase homes with 0% down payment and no private mortgage insurance (PMI). The result? An unprecedented surge in homeownership among young Veterans.
In fact, back in 2019, Millennials and Gen Z made up 45% of all VA home purchases—a trend that has only grown stronger since. At Savvy Veteran Homebuyer, we’ve made it our mission to help 1,000 Veterans confidently use their VA loan and secure their dream home.
But where exactly are these young Veterans buying?
Top 10 Cities Where Millennial & Gen Z Veterans Are Buying Homes:
-
Jacksonville, NC – Affordable housing and a strong military presence.
-
Killeen-Temple-Fort Hood, TX – Home to one of the largest Army bases in the country.
-
Oklahoma City, OK – Booming economy and Veteran-friendly programs.
-
El Paso, TX – Great cost of living and VA loan popularity.
-
Fort Walton Beach-Crestview-Destin, FL – Beach lifestyle with military roots.
-
Austin-Round Rock, TX – Tech jobs, growth, and strong Veteran communities.
-
Jacksonville, FL – Coastal living and plenty of VA loan usage.
-
Tampa-St. Petersburg-Clearwater, FL – Fast-growing metro and Veteran services.
-
Augusta-Richmond County, GA – Affordable living and home to Fort Gordon.
-
Las Vegas-Paradise, NV – Entertainment, affordability, and Veteran initiatives.
Thinking about buying a home?
Start by learning how to use your VA Loan the smart way. Join our free education program for aspiring Veteran homebuyers at Savvy Veteran Homebuyer and take the first step toward owning your future.
