What's The Rookie Home Buying Age? Not 40, New Analysis Shows

The median age of first-time homebuyers is debated, with the National Association of Realtors (NAR) reporting 40 years, while other data sources like the Mortgage Bankers Association, National Mortgage Database, and Federal Reserve Bank of New York suggest it is in the low 30s. Analysts agree the typical first-time buyer's age hasn't changed much over the past decade. The main challenge for buyers is affordability due to home prices, not age.