What is the primary age range of homebuyers today?

The primary age range of homebuyers today is 25 to 79 years old. This range encompasses a significant demographic that includes first-time homebuyers who are typically in their mid to late twenties and those in their thirties and forties who may be looking to upgrade or invest in real estate. Additionally, it includes older adults who might be downsizing or relocating in their later years.

This broad spectrum reflects current trends in the housing market, which show that homebuying is not limited to younger individuals but spans across multiple age groups. Individuals in their late twenties to late seventies are viable segments in the market, considering various life stages and financial situations that may drive them toward homeownership. Other age groups, such as those under 25 or over 60, may either participate less frequently in home buying or have different motivations and financial capabilities impacting their decisions.