Home buying process in the United States

Statistics report about the U.S. home buying process

Home buying process in the United States

This report presents a range of statistics and facts on the process of buying a home in the United States.

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Table of contents

Overview

7
  • Premium Statistic Share of home inventory in the U.S. 2016-2019, by type
  • Premium Statistic Median income of home buyers in the U.S. 2005-2017
  • Premium Statistic Share of income needed for starter home in U.S. metros 2018
  • Premium Statistic Share of first-time home buyers among all home buyers in the U.S. 2003-2023
  • Premium Statistic Share of buyers who made an offer on a home sight-unseen U.S. 2018
  • Premium Statistic Confidence in home buying knowledge in the U.S. 2019, by gender
  • Premium Statistic Share of residential properties sold to iBuyers in the U.S. 2016-2018

Research behavior

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  • Premium Statistic Use of real estate agent during home search in the U.S. 2018
  • Premium Statistic Use of mobile device to find home in the U.S. 2018, by generation
  • Premium Statistic Popular features of property websites in the U.S. 2018
  • Premium Statistic Use of online website for home searching in the U.S. 2018
  • Premium Statistic Use of online video site use for home searching in the U.S. 2018
  • Premium Statistic Share of home buyers who researched their agent in the U.S. 2018, by generation
  • Premium Statistic Use of mobile device to find a real estate agent in the U.S. 2018, by generation
  • Premium Statistic Ways of finding real estate agent by home buyers in the U.S. 2018, by kids presence

Real estate professionals

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  • Premium Statistic U.S. National Association of Realtors: number of members 2009-2023
  • Premium Statistic Average commission rate for realtors in the U.S. 1992-2023
  • Premium Statistic Share of real estate team members with licenses in the U.S. 2018
  • Premium Statistic Share of real estate team members in the U.S. 2018, by function
  • Premium Statistic Real estate brokerages with agent safety procedures in the U.S. 2019
  • Premium Statistic Real estate brokerages with data protection procedures in the U.S. 2019
  • Basic Statistic Preferred skills and qualities of real estate agents in the U.S. 2023

Priorities of home buyers

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  • Premium Statistic Types of homes purchased in the U.S. 2023
  • Premium Statistic Types of homes purchased in the U.S. 2023, by age group
  • Premium Statistic Home buyers interested in rental potential of home in the U.S. 2019, by generation
  • Premium Statistic Home buyers interested in smart homes in the U.S. 2019, by generation
  • Premium Statistic Home buyers interested in assigned parking in the U.S. 2019, by generation
  • Premium Statistic Importance of selected features among home buyers in the U.S. 2018, by child status
  • Premium Statistic Likelihood of home buyers sacrificing selected features for better schools U.S. 2018

Funding sources

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  • Premium Statistic Years needed to save for 20 percent down payment in selected U.S. markets 2018
  • Premium Statistic Years needed to save for 10 percent down payment in selected U.S. markets 2018
  • Premium Statistic Perception of own mortgage affordability according to U.S. adults 2019, by generation
  • Premium Statistic View of own mortgage affordability according to U.S. adults in 2019, by HH income
  • Premium Statistic Perception of own mortgage affordability according to U.S. adults in 2019, by region
  • Premium Statistic Down payment sources of Millennial homebuyers in the U.S. 2019
  • Premium Statistic Changes potential first-time buyers made to afford mortgage in the U.S. 2019
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FURTHER REPORTS

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