The days of the empty nest might be numbered. Rising home prices, costly rentals, and changing family dynamics are fueling the demand for multigenerational homes. Whether it’s aging parents moving in or adult children returning home, more families are embracing shared living under one roof.

This shift is transforming the housing market, but finding the right home for multiple generations isn’t always easy. Many houses aren’t designed for multigen living, leaving buyers searching for creative solutions.

What Is a Multigenerational Home?

A multigenerational home, as defined by the U.S. Census Bureau, consists of at least three generations living together. This setup was common before the 1940s, and now it’s making a major comeback. According to the Pew Research Center, the number of multigen households has quadrupled since the 1970s. By 2024, these homes made up 17% of all home purchases—the highest percentage ever recorded, according to the National Association of REALTORS® (NAR).

But while demand is rising, the housing supply hasn’t fully caught up. Many buyers struggle to find homes that meet the unique needs of multiple generations.

Why More Families Are Choosing Multigenerational Homes

Families who choose multigenerational living cite three key reasons: financial savings, caregiving, and stronger family bonds.

💰 Cost Savings & More Space

Pooling financial resources allows families to buy larger homes or live in more desirable locations. With rising mortgage rates and record-high home prices, many young adults are moving back in with parents to cut costs. Meanwhile, siblings and extended family members are teaming up to afford a home together.

🏡 Closer Family Relationships

The COVID-19 pandemic changed how people view home life. NAR’s 2024 Migration Trends report found that homebuyers increasingly prioritize being near family over factors like job opportunities or school districts. A survey from Generations United revealed that nearly 80% of people living in a multigen household say it strengthens family bonds and improves mental and physical well-being.

👵 Elder & Child Care Benefits

Grandparents may move in to help with childcare, while adult children may return home to assist aging parents. According to Pew Research, one-third of multigenerational households cite caregiving as a primary reason for their living arrangement. With Gen Xers (ages 45-60) most likely to be in a multigen home, this trend is expected to grow as millennials age.

Must-Have Features for a Multigenerational Home

There’s no one-size-fits-all multigen home, but some key features can make shared living easier:

Separate entrances for privacy
Accessibility features (wide doorways, grab bars, slip-resistant flooring)
Two full kitchens or a kitchenette for independent meal prep
Private suites with bathrooms for personal space
HVAC zoning to control temperatures in different areas
Soundproofing for added privacy
Spacious common areas like a great room or open kitchen
Walk-in showers with safety features
Dual laundry rooms for convenience
Elevators or stair lifts for accessibility
Outdoor spaces for fresh air and relaxation
One-story layouts to accommodate aging residents

These features help create a functional, comfortable space that meets the needs of different generations under one roof.

Challenges to Consider

While multigenerational living has many perks, it also comes with challenges:

🚪 Less privacy – Setting boundaries is essential.
Potential conflicts – Different lifestyles and routines can cause tension.
🏥 Caregiver burnout – Long-term caregiving responsibilities can be overwhelming.

How to Make Multigenerational Living Work

John L. Graham, co-author of Under One Roof, emphasizes that families should carefully plan before committing to multigen living. Here’s how to set yourself up for success:

1. Address Financial & Household Responsibilities

💰 Who pays for the mortgage, utilities, and household expenses?
🛠️ Who handles chores and home maintenance?
📅 Should family meetings be scheduled to check in on expectations?

Graham recommends clear agreements to prevent misunderstandings. When aging parents move in, involving all adult siblings in financial decisions can help avoid family conflicts.

2. Choose a Home That Fits Long-Term Needs

Families should think ahead. If an aging parent is moving in, a second-story suite may not be ideal. Look for homes with:

  • One-story layouts for easy accessibility

  • Wider hallways to accommodate wheelchairs if needed

  • A separate living area for independence

If building an accessory dwelling unit (ADU), consider whether it could later be rented out for extra income.

3. Think About Resale Value

Not all buyers are looking for multigen homes, so resale potential should be a consideration.

  • Will future buyers find the home layout appealing?

  • If adding an ADU or extra suite, will it add value to the property?

  • How will homeownership be structured among family members to avoid complications when selling?

Working with an experienced real estate professional can help you find a home that meets your needs now and has strong resale value later.

The Future of Multigenerational Living

As home prices continue to rise, multigenerational homes are expected to become even more popular. Families are finding creative ways to live together, save money, and support one another—all while redefining what "home" means.

If you’re considering a multigenerational home in Brevard County, reach out to a local real estate expert. Finding the right property takes careful planning, and having a professional guide you through the process can make all the difference. Start your search today and discover how a multigenerational home could be the perfect fit for your family!