Inventory
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Single family homes on the market. Updated weekly.Powered by Altos Research
722,032+456
30-yr Fixed Rate30-yr Fixed
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30-Yr. Fixed Conforming. Updated hourly during market hours.
7.00%0.01

First-Time Homebuyers

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The first-time Millennial homebuyer just turned 30 

May 02, 2018By

The average Millennial homebuyer just turned 30. According to Ellie Mae’s latest report, the average age of a Millennial homebuyer rose from 29.5 in March 2017 to 30.1 in March of this year. Ellie Mae points to the compression of inventory largely due to Baby Boomers aging in place instead of relocating and retiring as the reason for the average age of the Millennial homebuyer to creep up into the 30s.

3d rendering of a row of luxury townhouses along a street

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