Average Down Payment for DC-Area Homebuyers Is Now 10%

Average down payment for DC-area homebuyers is now 10%

The median down payment of homebuyers taking out mortgages nationally fell in April for the first time in two years, and down payments for D.C.-area homebuyers are lower than the national average. Redfin reports the median down payment in the D.C. region in April was 10%. The national average was 15%. Ten percent is still an average of almost $62,000 in the D.C. market. One reason for lower average down payments here is the popularity of Departm…

US housing market cools as down payments shrink

The typical down payment paid by American homebuyers has shrunk for the first time in nearly two years.

What You Really Need To Know About Down Payments

There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.

Average U.S. Home Down Payment Drops - The MortgagePoint

A new study finds that homebuyers’ down payments are shrinking for the first time in nearly two years as the housing market moderates.

Down payments drop for the first time in nearly 2 years

A new Redfin report suggests homebuyers may be seeking less expensive homes as ongoing economic concerns add pressure to large purchase decisions.

Down payments shrink as homebuyers scoop up FHA, VA loans

As of April 2025, the typical U.S. homebuyer’s down payment was $62,468, down roughly 1% on a yearly basis and the first annual decline in nearly two years. That’s according to a new report from Redfin that’s based on an analysis of records across 40 of the most populous U.S. metropolitan areas. In percentage terms, Redfin reported that the average U.S. homebuyer puts down 15% of the purchase price, essentially unchanged from 15.1% a year earlie…