This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.
The average age of both buyers and sellers is climbing, and first-time buyers are facing big headwinds. simona pilolla 2 / Shutterstock.com
The typical ages of homebuyers as well as sellers have increased over the past year, according to the newly released 2024 Profile of Home Buyers and Sellers from the National Association of Realtors (NAR). The median age of first-time buyers this year was 38, compared to 35 the previous year. Repeat buyers were also older, with an average age of 61. That compares to 58 in the previous year.
More from my site
Costco vs. Amazon: Why Costco Isn’t Always the Cheaper Option
Unexpected Benefits of Choosing Itemized Deductions Over Standard
3 Little-Known Ways to Boost Your Savings This February
Here’s How the Wrong Investment Choices Might Cause You to Lose Money — Even if They Perform Well
Investing in a Rental Property? You Need to Do This First
25 Side Hustle Jobs That Pay Well
