2022 Average Profile of a Home Buyer

First-time buyers made up 26%, down from last year's 34%. This is the lowest share of first-time buyers since the data collection began.

The typical first-time buyer was 36 years old this year, rising from 33 last year.


61% of recent buyers were married couples, 17% were single females, 9% were single males, and 10% were unmarried couples. This is the highest share of unmarried couples recorded.


Among first-time buyers, 18% of buyers were unmarried couples, and 5% were other household compositions. Both are the highest shares recorded.


14% of home buyers purchased a multigenerational home, to take care of aging parents, because of children or relatives over the age of 18 moving back home, and for cost-savings.


22% of recent home buyers were veterans and 1% were active-duty service members.


At 22%, the primary reason for purchasing a home was the desire to own a home of their own. For first-time buyers, this number jumps to 62%.


Source: National Association of REALTORS®

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