Must-Know Home Buyer Statistics [Recent Analysis]

Statistic 1

"33% of home buyers are first-time buyers."

Sources Icon

Statistic 2

"The typical home purchaser searches for ten weeks before buying."

Sources Icon

Statistic 3

"About 87% of buyers recently purchased their homes through a real estate agent or broker."

Sources Icon

Statistic 4

"83% of all buyers of newly built homes are under the age of 65."

Sources Icon

Statistic 5

"The median age for first-time homebuyers is 33."

Sources Icon

Statistic 6

"About 34% of recent homebuyers were unmarried."

Sources Icon

Statistic 7

"Nearly one-quarter of home buyers across all generations expect to pay between $150,001 and $200,000 for a home."

Sources Icon

Statistic 8

"82% of buyers believe homeownership is a good investment."

Sources Icon

Statistic 9

"71% of home buyers were Caucasian, 10% were Hispanic or Latino, and 6% were Asian."

Sources Icon

Statistic 10

"50% of buyers use an open house as a significant part of their home search."

Sources Icon

Statistic 11

"72% of first-time home buyer’s savings for the down payment came from their savings."

Sources Icon

Statistic 12

"66% of new construction home buyers say that warranty protection is very important in their decision."

Sources Icon

Statistic 13

"In 2020, 31% of all home buyers financed 100% of their home purchase."

Sources Icon

Statistic 14

"14% of home buyers bought a multi-generational home due to children over 18 moving back into the house."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!