Down payment of first-time and repeat buyers in the U.S. 1989-2023

Published by Statista Research Department, May 7, 2024

Repeat buyers in the United States have consistently had a larger percentage of the purchase price to put down as a down payment when buying a home compared with first-time buyers. In 2023, repeat buyers had 19 percent of the purchase price on hand, whereas first-time buyers only had eight percent of theirs.

Median down payment of first-time and repeat buyers in the United States from 1989 to 2023

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Release date

November 2023

Region

United States

Survey time period

1989 to 2023

Supplementary notes

* the source does not provide information about 2020.

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