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People Who Buy Houses [ VALIDATED ]A record 26%–30% of buyers paid all cash, bypassing high mortgage rates and gaining a competitive edge. Current buyers are prioritizing stability and community over job proximity. people who buy houses The median age for all buyers has reached 59 years . First-time buyers now have a median age of 40 , up from the late 20s in the 1980s. A record 26%–30% of buyers paid all cash, NAR 2025 Profile of Home Buyers, Sellers Reveals Market Extremes First-time buyers now have a median age of Only 24% of buyers have children under 18 living at home—an all-time low. 2. First-Time vs. Repeat Buyers A widening divide exists between those entering the market and those leveraging existing home equity. First-Time Buyers Repeat Buyers 21% (Historic Low) Median Age Median Down Payment Financing Type Mostly financed (90%+) ~30% All-Cash 3. Purchasing Behavior & Preferences |