People Who Buy Houses [ TESTED ✓ ]

Roughly 14%–17% of buyers are purchasing homes to accommodate multiple generations, often to care for aging parents or save on costs. 4. Financial Barriers & Advantages

The median age for all buyers has reached 59 years . First-time buyers now have a median age of 40 , up from the late 20s in the 1980s. people who buy houses

Market Trend Report: The Changing Profile of Home Buyers (2025–2026) Roughly 14%–17% of buyers are purchasing homes to

Only 24% of buyers have children under 18 living at home—an all-time low. 2. First-Time vs. Repeat Buyers First-time buyers now have a median age of

The top priority is neighborhood quality (59%), followed by proximity to family (47%). Proximity to work has declined in importance to 31%.

The residential housing market is currently defined by a "tale of two cities," where equity-rich repeat buyers dominate while first-time buyers face record-level barriers. Recent data from the National Association of REALTORS® (NAR) reveals a market shifting toward older, wealthier, and more established individuals. 1. Key Demographics & Shifts

Buyers now plan to stay in their homes for a median of 15 years , a massive increase from the 6-year average seen in the early 2000s.