In 2024, first-time homebuyers represent only 24% of the market, the lowest since 1982, and the median age has risen to 38. Realtor.com identifies Harrisburg, PA, with a median home price of $140,000, as the top market for first-time buyers in 2025. The report emphasizes the significance of location quality and housing affordability in home-buying decisions. Overall, cities in the Mid-Atlantic and Florida are deemed favorable for those looking to enter the housing market amid challenging conditions.
The decreasing share of first-time buyers signals deepening affordability issues in the housing market, with new buyers facing unprecedented challenges in a complex landscape.
Realtor.com's list for 2025 highlights Harrisburg, Pennsylvania, as a top market for first-time buyers, featuring a median home price of $140,000, making homeownership more accessible.
Collection
[
|
...
]