The median age for first-time homebuyers hit a record 40 in 2025, according to the National Association of Realtors (NAR). Delaying a home purchase until age 40 instead of 30 could cost $150,000 in lost equity. Affordability, higher incomes, and high down payments are challenges faced by first-time buyers. Buying later can impact housing wealth and retirement finances. Consider lifestyle, costs, and realistic expectations when buying a home at 40.

Sources: NAR, Realtor.com, Education Data Initiative.

Read more at Yahoo Finance: The average first-time buyer is 40, the oldest on record. Why that means many Americans start homeownership $150K behind