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Senior Living Occupancy Rate Increased To 88.7% In The Third Quarter Of 2025 

The national occupancy rate for senior living properties for the third quarter of 2025 was 88.7%, which was an increase of 70 basis points from the previous quarter, according to the National Investment Center for Seniors Housing & Care (NIC). For independent living properties, the average occupancy grew to 90.2% in the third quarter, an increase of 50 basis points. The average occupancy for nursing care properties stayed the same for the third quarter, at 86.3%.

Overall transaction volume for senior housing was $3,837.2 million, with a rolling four-quarter price per unit of $154 . . .

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