Today's Homebuyers: By the Numbers

Posted by:  Service First
2015-11-23 11:23:30

Ever wonder how you compare to the average homebuyer?

The National Association of Realtors recently shared statistics regarding everything from how much the average homebuyer pays for a home to how long they stay in the home. Check out the statistics below!

64%

Percentage of Americans who own their home

32 years old

The median age of the first-time homebuyer

10 homes

The average number of homes that buyers see before making an offer

$292,700

The median dollar amount buyers pay for a home

51%

Percentage of homebuyers who had to scrimp and save to make a down payment on their home

$32,141

The average down payment nationwide

3.82%

Average rate on a 30-year mortgage as of October 2015

2,679

The average square footage of a new home

13 years

The average number of years homeowners stay in their homes before moving

88%

Percentage of homebuyers that used a real estate agent

29%

Percentage of homeowners who rate their homes a “10” on a scale of 1 to 10.


Read the full article on Realtor.com.

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