Key 2025 Market Insights

Buyers and sellers are now older than at any point on record. According to NAR’s 2025 Profile of Home Buyers and Sellers, the typical seller is now 64 years old (up from 47 years old in 2005), while the typical buyer is 59 years old. The typical first-time buyer is also a record 40 years old.

Here are other key trends to know:

• Record-high tenure is tightening inventory – Homeowners are staying put for a median of 11 years, nearly double the average tenure of the early 2000s.
• Lifestyle and Family Ties Drive Moves – The top reason for selling is to move closer to friends or family (26%), followed by changes in home size or family situation.