What Homebuyers Want in 2024: Data-Driven Trends from Stellar MLS

November 22, 2024


This year, homebuyers sought more than just a house; they wanted a lifestyle. As we step into 2025, homebuyers’ preferences are evolving, guided by trends that reflect changing lifestyles, priorities, and values. With uncertainty in the real estate market, Stellar MLS is here to provide real estate agents with the data, insights, and tools they need to understand these shifts and serve their customers with confidence. In this post, we’ll explore some of the major trends that are shaping homebuyer desires this year, from multifunctional spaces to sustainability. By leveraging Stellar MLS’s data and agent feedback, real estate professionals can guide their customers to find homes that truly fit their needs.  



1. Location with Lifestyle: Walkability and Nearby Amenities

Location has always been a cornerstone of real estate, but in 2024, buyers are not only looking at the neighborhood—they’re considering the lifestyle it offers. Walkability, proximity to dining and shopping, and access to green spaces are now top priorities for many homebuyers.  


Stellar Insight: Our data shows that properties close to lifestyle amenities are consistently in demand, with more buyers searching for communities that offer a blend of convenience and community. In fact, listings in areas with higher walkability scores tend to attract more views and inquiries, underscoring the value of lifestyle-focused locations. 


Stellar MLS Tip: For agents, connecting customers with properties that align with their lifestyle can enhance their buying experience. Want to elevate your listings and attract more qualified buyers? Whether it’s a neighborhood known for great dining or a home near a nature trail, Stellar’s data tools make it easy to identify and showcase listings that offer more than just a home—they offer a community experience. 


2. Sustainability and Energy Efficiency 

As environmental awareness grows, homebuyers in 2024 are increasingly looking for properties that reflect their values around sustainability. Energy-efficient homes—those with solar panels, energy-saving appliances, or high-performance windows—are particularly attractive to buyers who want to minimize both their environmental impact and their utility bills.

 

Stellar Insight: Sustainable & energy efficient features can make homes stand out in today's market. Recently there has been a rise in search queries related to energy efficiency, meaning buyers are actively seeking these features. By understanding this trend, agents can present homes with eco-friendly features as an investment in both their clients’ future and the environment. 


Stellar MLS Tip: Highlighting a home’s energy-saving upgrades—like programmable thermostats, energy-efficient HVAC systems, or eco-friendly building materials—could make a difference in a competitive market. Agents can utilize Stellar’s detailed listing data to emphasize these features, connecting their customers with homes that reflect both their lifestyle needs and their environmental values. 

 

3. Flexibility and Multi-Functional Spaces 

One of the most prominent trends among homebuyers is the desire for flexibility. Many people remain to work from home, taking on creative hobbies, and pursuing wellness at home. They’re looking for spaces that adapt to various functions: a spare room that can serve as a guest room, an office, a gym, or a living room that transforms easily for entertaining. 


Stellar Insight: Our data shows that listings with designated "flex spaces" are gaining significant traction. By highlighting rooms with adaptable layouts, open-concept floor plans, or bonus rooms, agents can make properties more appealing to modern buyers. 


Stellar MLS Tip: When listing properties, agents can spotlight these flexible spaces to cater to buyers’ desire for a home that grows with them—whether that means accommodating a remote work setup, fitness goals, or hosting loved ones. With Stellar MLS data, agents can quickly identify and highlight these adaptable spaces in their listings to attract potential buyers. Take advantage of Stellar MLS's insights today and position yourself as the go-to agent for discerning homebuyers. 

 

4. Technology-Enabled Homes 

Smart homes are no longer futuristic—they’re now a standard expectation for many buyers. With an increasing number of households using technology for security, energy management, and entertainment, buyers are seeking properties equipped with the latest smart technology.  


Stellar Insight: Homes equipped with smart technology are becoming a significant draw in listings. Homes with smart features often have higher visibility and attract tech-savvy buyers who are looking for convenience, security, and the ability to control their home environment at the touch of a button. 


Stellar MLS Tip: By emphasizing smart home technology in listings, agents can position these homes as future-proof, appealing to customers who value both functionality and innovation. Stellar MLS’s listing tools make it easy to add and emphasize these features, showing buyers that their new home will be equipped for modern living. 

 

5. Smaller, Community-Centric Homes 

While spacious homes remain popular, there’s also a growing trend of buyers seeking smaller, more manageable properties within close-knit communities. Rising costs and a desire for simpler living have led many buyers—especially younger ones—to prefer homes that feel more connected to their neighborhoods and local culture. 


Stellar Insight: Demand for homes in smaller communities is on the rise. Listings in suburban and community-oriented neighborhoods are seeing a surge of interest, as buyers seek homes that offer not only affordability but also a sense of belonging. 


Stellar MLS Tip: For agents, this is an opportunity to connect with buyers looking to put down roots in communities that feel authentic and welcoming. By leveraging Stellar MLS’s community insights and highlighting these neighborhood qualities, agents can appeal to buyers looking for more than just a house—they want a place to feel at home. 

 

Bringing It All Together 


In 2024, homebuyers are increasingly focused on homes that offer flexibility, sustainability, and a lifestyle that matches their values. With Stellar MLS’s market intelligence, agents can tap into these trends, transforming their listings into more than a set of features—they become stories that resonate with what customers want and need today. Stellar MLS is committed to providing agents with the insights they need to guide customers confidently, making each transaction a step toward fulfilling homeownership dreams. 


At Stellar MLS, we’re here to make sure that real estate professionals have the clarity and tools they need to meet their customers’ changing expectations in a market defined by constant evolution. Together, we’re helping people find not just houses, but places they can truly call home. 

 




Sources:


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