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Gallup Poll: 25% of Non-Homeowners Expect to Buy a Home in Next 5 Years, Down from Decade-High

A Gallup poll conducted in early April 2026 found that only 25% of non-homeowners expect to buy a home in the next five years, a record low. Overall, 28% anticipate purchasing within 10 years, while 45% foresee no home purchase. Most Americans view it as a bad time to buy, amid recent economic shifts.

Semafor
1 source·Apr 29, 9:23 AM(7 days ago)·1m read
Gallup Poll: 25% of Non-Homeowners Expect to Buy a Home in Next 5 Years, Down from Decade-HighSemafor
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Only 28% of Americans expect to buy a home within 10 years. Meanwhile, 45% of Americans do not see themselves buying a home in the foreseeable future.

67% of Americans say it is a bad time to buy a house. This sentiment crosses party lines, with 55% of Republicans and Republican-leaning independents stating it is a bad time to buy a house. Additionally, 76% of Democrats say it is a bad time to buy a house, according to the poll.

The White House celebrated a decline in mortgage interest rates earlier in 2026. However, the Iran war has complicated the picture of mortgage interest rates since earlier in 2026.

Key Facts

Low home-buying expectations
Only 25% of non-homeowners expect to buy in next five years, a record low since Gallup began tracking over a decade ago.
Broader timeline expectations
28% expect to buy within 10 years, while 45% foresee no purchase in the foreseeable future.
Sentiment on buying timing
67% of Americans say it's a bad time to buy a house, with 55% of Republicans/leaners and 76% of Democrats agreeing.
Recent economic context
White House noted mortgage rate decline earlier in 2026, but Iran war has since complicated rates.

Story Timeline

4 events
  1. 2026-04-29

    Semafor reported on Gallup poll results showing low home-buying expectations among Americans.

    1 sourceSemafor
  2. 2026-04-01

    Gallup poll conducted at the beginning of April 2026, capturing data on home-buying expectations and sentiments.

    1 sourceSemafor
  3. 2026-01-01

    White House celebrated a decline in mortgage interest rates earlier in 2026.

    1 sourceSemafor
  4. 2026-01-01

    Iran war has complicated the picture of mortgage interest rates since earlier in 2026.

    1 sourceSemafor

Potential Impact

  1. 01

    Potential slowdown in housing market activity due to reduced buyer interest.

  2. 02

    Increased rental demand as fewer people pursue homeownership.

  3. 03

    Policy pressure on administration to address affordability amid partisan consensus on poor buying conditions.

Transparency Panel

Sources cross-referenced1
Framing risk18/100 (low)
Confidence score55%
Synthesized bySubstrate AI
Word count109 words
PublishedApr 29, 2026, 9:23 AM
Bias signals removed2 across 2 outlets
Signal Breakdown
Loaded 2

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