People Who Buy Houses Page

For younger buyers, debt remains a major hurdle; 39% of Younger Millennials report student loans with a median balance of $30,000 .

The "typical" home buyer is no longer a young family starting out. Significant demographic shifts include:

Only 24% of buyers have children under 18 living at home—an all-time low. 2. First-Time vs. Repeat Buyers people who buy houses

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

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 For younger buyers, debt remains a major hurdle;

Repeat buyers are using a median of $140,900 in gained equity from previous sales to fund their next purchase. FSBO success rates?

Market Trend Report: The Changing Profile of Home Buyers (2025–2026) Proximity to work has declined in importance to 31%

NAR 2025 Profile of Home Buyers, Sellers Reveals Market Extremes