What's Hot: Why Tysons Needs 10,000 More Apartments
Fewer First-Timers, More Offers: U.S. Homebuyers in 2021, By The Numbers
✉️ Want to forward this article? Click here.
Amid the current high-demand housing market, Zillow has released its latest Consumer Housing Trends report for buyers.
Below, UrbanTurf pulls out some of the more interesting stats pertaining to U.S. homebuyers in 2021:
story continues below
loading...story continues above
- 45 — The average age of homebuyers; the median age was 43.
- 50% — The percentage of homebuyers who moved from, and sold, their primary residence to make this most recent purchase.
- 11% — The percentage of homebuyers who purchased a rowhouse or townhouse; 10% of homebuyers purchased a condo or co-op.
- 37% — The percentage of first-time homebuyers, down from 43% in 2020.
- 2 — The number of offers the median homebuyer made before they were successful; from 2018-2020, the median homebuyer only made one offer.
- 3 — The number of bedrooms and bathrooms in the home purchased by the median buyer. Purchased homes also tended to be between 1,000 and 1,999 square feet.
- 68% — The percentage of buyers who agreed that virtual home tours were at least somewhat more helpful than photos.
- 30% — The percentage of buyers who cited working from home as influencing their decision to purchase.
Zillow surveyed over 2,000 homebuyers between March and August 2021.
See other articles related to: homebuyers, zillow
This article originally published at https://dc.urbanturf.com/articles/blog/fewer-first-timers-more-homebuyers-by-the-numbers/18662.
UrbanTurf Listings showcases the DC metro area's best properties available for sale.
Most Popular... This Week • Last 30 Days • Ever
For the second year in a row, the 20008 zip code, home to portions of the Forest Hil... read »
One of the critical factors in determining whether refinancing is a wise decision is ... read »
Located in Upperville, the 571-acre property known as Ayrshire Farm is under contract... read »
Tysons Corner will need a lot of new housing over the next 15 years, according to a n... read »
Gallaudet and JBG SMITH have filed a two-year extension of an approved planned-unit d... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro
