In recent years, the dynamics of home buying have shifted, influenced by an increase in pet ownership. The pet effect on home buying is a trend that’s becoming increasingly apparent. Check out what recent data shows on pet ownership and how pets influence home buyers in their search.
The rise of pet ownership
Recent U.S. Census data indicates an interesting shift in household composition. While the percentage of households with children under the age of 18 has steadily declined—from 52% in 1950 to 39% in 2024—the number of households with pets has surged.
The American Pet Products Association reports that 71% of American households now own a pet, a notable increase from 56% in 1988. Thus, the growing love for pets is influencing home buying decisions in unprecedented ways.
Pets as a priority in home buying
The pet effect on home buying has become a key consideration for many, with most families owning cats and dogs. Almost one-fifth of recent homebuyers consider their pets when looking for a new home. This percentage is even higher among single women and unmarried couples, who often prioritize pet-friendly features. These features include a fenced yard, a suitable home layout and proximity to pet-friendly services.
Pet owners are increasingly spending more time and money on their companions, which translates into specific wants when purchasing a home. For these buyers, the neighborhood’s pet-friendliness is as important as the house itself. They are looking for areas with parks, walking trails and other pet-friendly features, ensuring their pets can enjoy their new environment as much as they do.
Finding the perfect home for you and your pet
If you’re a pet owner considering your next move, think about how your new home will accommodate your furry family members. The pet effect on home buying isn’t just a passing trend. It’s a reality that affects both where you choose to live and the features you prioritize in your home.
Summary
For those in East Alabama, contact Ryan Roberts for assistance in finding a home that suits both you and your pet. From pet-friendly yards to neighborhoods with ample amenities, he is here to help you make the right choice. Keep reading our blogs for more insights into local real estate, including property showcases and tips for making your new home a perfect fit for your entire family—pets included!
