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U.S. Median First-Time Homebuyer Age Now at Record-High of 40: Report
The share of first-time homebuyers fell to 21%, a record low, while the median age rose to 40, reflecting challenges from high prices and mortgage rates, National Association of REALTORS® reports.
- On Nov. 04, 2025, the National Association of REALTORS® reported first-time buyers fell to 21% while the median age rose to 40.
- High borrowing costs and rising home prices, with near-6% mortgage rates, have delayed many prospective buyers from entering the market.
- Younger buyers face equity losses and high entry costs as 60% of Gen Z and 57% of millennials rely on relatives, while a record 26% of purchasers paid cash.
- Today's first-time buyers are building less housing wealth and will likely have fewer moves over a lifetime, reflecting a 50% contraction in their market share since 2007.
- NAR recommended reforms to enable faster, cheaper homebuilding, urging policymakers to unlock inventory, revitalize properties, streamline zoning and modernize construction, as Shannon McGahn said, `Today, we must focus on policies that address the root cause of the affordability crisis: inadequate housing supply`.
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Median Age of US First-Time Homebuyers Hits All-Time High: NAR
Americans are waiting much longer now to purchase their first home. In its Nov. 4 report, the National Association of Realtors (NAR) revealed that the average age of first-time buyers has hit an all-time high of 40, while the share of those buyers as a percentage of total buyers experienced a record decline to just 21 percent. In contrast, the share of first-time buyers was nearly 50 percent in 2010. The annual survey of recent home buyers and s…
·New York, United States
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KHQ Right NowReposted by 
NBC Right Now
NBC Right NowFirst-time homebuyer age hits record high of 40 in latest survey
WASHINGTON – The National Association of Realtors has released its annual survey, highlighting a significant trend in the housing market. The age of first-time homebuyers has reached an all-time high
·Spokane, United States
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Coverage Details
Total News Sources67
Leaning Left8Leaning Right14Center29Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 16%
C 57%
R 27%
Factuality
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