In 2024, the median first-time homebuyer was 38 years old, according to the National Association of Realtors' 2024 Profile of Home Buyers and Sellers report. Factors including low inventory, wealthy ...

First-time homebuyers are typically defined as those entering the market who’ve never owned a home. However, anyone who has not owned a home for the last three years also qualifies as a first-timer.

“It’s kind of a shocking number,” said an economist with the National Association of Realtors. By Julia Carpenter The path to homeownership continues to get longer, with the median age of first-time ...