This is from a 2025 report from the National Association of Realtors.

No surprise that baby boomers are the largest group of home buyers and sellers. The great boomer sell-off isn’t going to happen, and no boomers won’t all die at once and leave houses and money to younger generations. If there is any money, it will pay for medical expenses and long-term care.
In the report, younger baby boomers are 60-69 years old, and older boomers are 70-79 years old. Younger baby boomers are the single largest group of home buyers and sellers which kind of makes sense when you think about it.
One thing I have learned over the years is to avoid assuming that because a client is a certain age, that they will want or won’t want a certain type of housing. Some baby boomers are downsizing while others are buying larger homes to accommodate multiple generations. Some Baby Boomers move to warmer climates; others come to Minnesota to be near family and friends.
Where we live and how we live is a matter of personal choice and how much money we have or can earn.
There are Baby Boomers who are aging in place. People are more likely to move because of a change in their life, like a new job, a marriage, divorce, the birth of a child, or the death of a spouse than because of their age.