Average First Time Homebuyer Age 2025 | ConsumerAffairs® fell to 35, from 36, in 2023.
The median age of first-time home buyers was 31 in 1981 and 33 in 2019: First-Time Homebuyers Are Getting Older In the US – Bloomberg and 31 in 1981.
The change in the first-time buyer median age is likely due to the median age of the U.S population increasing over that period.
There were more young buyers in 1981 because there were a lot more younger people versus 2024. In fact, the median age of the population has gone up less than the median age of first-time buyers.
This likely explains the difference in the median age of buyers. The media missed this change in population distribution and some blame housing prices or mortgage interest rates.
The median age of the U.S. population went up significantly
The median age of the U.S. population was 30 in 1980 and rose to 38 by 2024.
This likely accounts for the change in the median first-time home buyer age. The median age of first-time homebuyers changed from 31 to 35 during this period.
Population Pyramids of the World from 1950 to 2100 – PopulationPyramid.net
Average Home Prices
What happened to home prices in 2020 onward – might have something to do with inept pandemic policies.
