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First-Time Homebuyers Are Older than Ever as Affordability Crisis Takes Toll


The typical age of first-time homebuyers reached a record high in 2025, according to a new

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report from the National Association of Realtors. The median age of a first-time home buyer rose to 40 in 2025, up from 38 in 2024, according to the NAR’s Profile of Home Buyers and Sellers released Tuesday. The median sale price of a home currently stands at $410,800 — up more than 25% since 2019 — while the average 30-year mortgage rate is roughly double what it was in late 2021.As recently as 2021, the median age for first-time buyers was 33.

 
 
 

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