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How Owning a Home Grows Your Wealth with Time

  • Writer: Laura Byrne
    Laura Byrne
  • Jun 20, 2023
  • 1 min read

Updated: Apr 27, 2024


Image showing that home equity grew 290.3 percent over the past 32 years


Some Highlights

  • If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.

  • Over time, owning a home allows you to build equity and grows wealth. On average, nationwide home prices appreciated by 290.2%over the last 32 years.

  • That means your net worth can grow significantly in the long term when you own a home.


Time has proven that owning a home grows wealth. As the old proverb goes: "The best time to plant a tree was 20 years ago, the second best time is now."


Let’s connect so you can start your home buying journey today.

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