{"id":22081,"date":"2025-11-04T15:37:25","date_gmt":"2025-11-04T15:37:25","guid":{"rendered":"https:\/\/incredipros.com\/?p=22081"},"modified":"2025-11-04T15:37:27","modified_gmt":"2025-11-04T15:37:27","slug":"first-time-homebuyers-keep-getting-older-and-that-means-theyre-missing-out","status":"publish","type":"post","link":"https:\/\/incredipros.com\/?p=22081","title":{"rendered":"First-time Homebuyers Keep Getting Older, And That Means They’re Missing Out"},"content":{"rendered":"
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The median age of first-time homebuyers has risen to 40 \u2014 the highest it has ever been, according to new data from the National Association of Realtors.<\/p>\n

It\u2019s not as though first-time homebuyers needed any more bad news, but that\u2019s what they got with this dreary statistic, which tops last year\u2019s previous all-time high of 38. It\u2019s yet another indication of the intensity of the ongoing housing affordability squeeze.<\/p>\n

NAR also reports that first-time buyers made up just 21% of all homebuyers this year, down from last year\u2019s then-record low of 24%.<\/p>\n

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The historically low share of first-time buyers underscores the real-world consequences of a housing market starved for affordable inventory.<\/p>\n

\u2014 Jessica Lautz<\/cite>
\n Deputy chief economist and vice president of research, NAR<\/span>\n <\/p><\/blockquote>\n

High prices, scarce inventory<\/h2>\n

High home prices are creating hurdles for would-be homeowners \u2014 the median price of existing homes sold in September was $415,200, a record high for the month, NAR says. That\u2019s forcing young adults to wait longer before becoming homebuyers. The record-low share of first-time buyers and the record-high median age features prominently in NAR\u2019s 2025 Profile of Home Buyers and Sellers, released Nov. 4.<\/p>\n