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Median Age of First-Time Homebuyers Soars to 38

6/18/2025

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Summary

Story summary

In Boise, Idaho, the median age of first-time homebuyers increased from 29 in the 1980s to 38 in 2024.
Young buyers encounter major obstacles, resulting in many being priced out of the housing market.
The overall median age of homebuyers has risen to 56, a 7-year increase from last year.
First-time buyers now represent only 24% of the market, a record low.

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Story summary

In Boise, Idaho, the median age of first-time homebuyers increased from 29 in the 1980s to 38 in 2024.
Young buyers encounter major obstacles, resulting in many being priced out of the housing market.
The overall median age of homebuyers has risen to 56, a 7-year increase from last year.
First-time buyers now represent only 24% of the market, a record low.