Virginia Households Are Changing — Is Your Home Still the Right Fit?

Recent data shows that nearly 1 in 4 households in Virginia are now multigenerational.

That’s a significant shift in how people are living — and it’s influencing what buyers are looking for in a home.

But this trend isn’t just about statistics. It reflects something deeper: the way life evolves.

What’s Driving the Change?

Across the state, households are adapting to:

• Changing economic conditions

• Remote and hybrid work

• Caregiving needs

• Adult children returning home

• Long-term financial planning

• Lifestyle flexibility

As a result, many buyers are prioritizing homes that offer:

• Flexible floor plans

• Additional living areas

• Private lower levels

• Bonus rooms or office space

• Room to accommodate changing needs over time

Today’s buyers are thinking not just about where they are now — but where they may be in five or ten years.

What This Means for Sellers

If you’re considering selling, understanding this shift can help you position your home more effectively.

Features that allow for flexibility — whether it’s a finished basement, a separate entrance, a spacious layout, or adaptable rooms — may appeal to a broader range of buyers.

Thoughtful marketing that highlights how a home can function in multiple ways can make a meaningful difference.

What This Means for Buyers

If you’re searching for a home, it’s important to think beyond square footage and bedroom count.

Ask yourself:

• Does this home allow for flexibility if my situation changes?

• Is there space that could evolve with my needs?

• Does the layout support how I live now — and how I may live in the future?

The right home should support your life today and provide options for tomorrow.

Every Chapter Looks Different

No two households are the same. And no two moves are the same.

Whether you’re upsizing, downsizing, relocating, or simply exploring your options, understanding broader market trends helps you make informed decisions with confidence.

At Preslee Real Estate, we stay informed so we can guide you clearly — without pressure, and without guesswork.

Let’s Find the Right Fit for Your Next Chapter.

If you’re thinking about buying or selling in the Shenandoah Valley, we’re here to help you navigate what makes the most sense for you.