Average age of homebuyers in the U.S. hits record high at 56: Report

The average age of homebuyers in the U.S. has hit a record high at 56 years, according to the National Association of Realtors’ yearly state-of-the-market report released on Monday.

In 2023, the age, according to that year's report, was 49. In the early 2010s, the age was in the low to mid-40s.

According to the report, the "median age of first-time buyers" went up from 35 to 38.

The "typical repeat buyer age also increased to 61 years from 58 last year."