U.S. First-Time Homebuyer Age Hits Record High as Homeownership Among 30-Year-Olds Declines

Collin County News

April 22, 2025 Maverick Tax Guardians

In 2025, only 33% of 30-year-olds in the U.S. own a home, a significant decline from 47% in 1984. This trend reflects broader shifts in cultural norms, housing affordability, and life milestones.

The median age for first-time homebuyers has reached an all-time high of 38 years, up from 35 in 2023. Factors contributing to this increase include high home prices, elevated mortgage rates, and limited housing inventory.

The share of first-time buyers has decreased to 24% of all homebuyers in 2024, the lowest since tracking began in 1981. Additionally, life milestones such as marriage and living independently are being delayed; only 48% of 30-year-olds have been married, down from 78% in 1984.

These trends highlight the evolving challenges and decisions facing potential homeowners in today’s market.

sources
This news article is based on information from:
Realtor.com -“Just One-Third of 30-Year-Olds Own a Home Today—as Adults Delay Major Life Milestones” ( April 15, 2025). Retrieved from:https://www.realtor.com/news/trends/homeownership-rate-first-time-buyer-age/