Median first-time buyer age 35 in 2025, from 36 in 2024; recent peak 38 in 2018.
Repeat buyers’ median age 47, ↓from 52 the prior year, which was a 25-year high.
Avg 30-year fixed rate 6.6% in 2025 vs 6.72% in 2024; affordability improved in most major metros.
Some buyers get help: 19.6% of millennials and 14.8% of Gen Z received family cash gifts for down payments.
Other data differ: NAR put first-time buyers at 40 and repeat buyers at 62; both show buying later than decades ago.
