Share of first-time home buyers among all home buyers in the U.S. 2003-2023

Published by Statista Research Department, May 6, 2024

Among all home buyers in the United States in 2023, first time home buyers accounted for approximately 32 percent of the total. The share of first time home buyers among all home buyers in the United States has fluctuated significantly between 2003 and 2021 w2having had the highest share of first time home buyers of 50 percent.

Share of first-time home buyers among all home buyers in the United States from 2003 to 2023

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Source

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Release date

March 2024

Region

United States

Survey time period

2003 to 2024

Number of respondents

6,817 respondents

Special properties

recent home buyers.

Supplementary notes

The source adds the following information: "In July 2023, NAR mailed out a 129-question survey using a random sample weighted to be representative of sales on a geographic basis to 189,750 recent home buyers. The recent home buyers had to have purchased a primary residence home between July 2022 and June 2023. A total of 6,817 responses were received from primary residence buyers. After accounting for undeliverable questionnaires, the survey had an adjusted response rate of 3.6 percent."

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