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What's the median age of first-time home buyers in the U.S.?

ngpf.org 4/6/22

Q:

Buying a House

QUESTION OF THE DAY

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A:

QUESTION OF THE DAY

Buying a House

33

Source: Money Magazine

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FOLLOW-UP QUESTIONS

  1. Do you aspire to own a home someday? If so, at what age do you think you will be able to accomplish this?
  2. The median age of a home buyer has risen from 28 years old in 1991 to 33 in 2021. What do you think are the factors behind this increase?
  3. What do you think are the biggest challenges in buying a home for the first time?