US EditionSaving for a Down Payment Now Takes 7 Years, Double Prepandemic Pace
Typical U.S. households require seven years to save for a down payment in 2025, down from 12 years in 2022 but still double pre-pandemic levels, Realtor.com analysis shows.
- Home prices nationally are flat compared to a year ago, but lag behind consumer inflation, implying a decline in inflation-adjusted home values.
- The typical homebuyer now needs 7 years to save for a down payment, down from 12 years in 2022 but double pre-pandemic levels.
- Pending home sales rose more than expected in November, hitting the highest level in nearly three years, aided by improving housing affordability.
26 Articles
26 Articles
Saving for a down payment still a barrier for people looking to buy a home, Realtor.com says
An analysis by Realtor.com is forecasting homeownership in 2026 to be more affordable as mortgage rates decline. But saving for a down payment is still a barrier for many people looking to buy a home.
Although housing prices skyrocketed due to lack of inventory, the increase in supply led to higher sales by the end of the year
Saving for a Typical Down Payment Takes 7 Years in 2025: Report
Would-be homeowners across the United States are spending an average of seven years to save for a down payment on a house, according to a Dec. 29 report from Realtor.com. The report indicates that while this time frame is down from 12 years in 2022, it is still nearly double the pre-pandemic norm. “Higher home prices and intensified competition have pushed typical down payments higher, at the same time that inflation and rising household expense…
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