First-time homebuyers keep getting older, according to a report from ResiClub Analytics.
The median age of first-time U.S. homebuyers in 1991 was 28. In 2024, the median age of first-time buyers was 38.
The increase is driven by multiple factors. Housing prices have increased significantly, making it harder for young people to afford a home right away. Younger generations are also delaying life events — attending school longer and marrying and having children later.
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Corey Dahl
Corey Dahl is assistant editor with PropertyCasualty360.com. Reach her at [email protected].
