As of June 2021, the median down payment for a single family home was 28,300 U.S. dollars, while the average down payment was 74,403 U.S. dollars. The difference between the median and the average figures can be explained with the fact that homes very greatly in price, with more expensive homes tending to move the average up. Another reason for the gap is that buyers often put down a higher percentage of the home price as a down payment to reduce the amount of the loan and interest paid over time.
Median and average mortgage down payment in the United States in 2021, by housing type (in U.S. dollars)
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Statistics on Housing market in the United States
Residential housing market
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- Premium Statistic Number of U.S. housing units 1975-2021
- Basic Statistic Number of owner occupied homes in the U.S. 1975-2021
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Home flipping
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Statistics
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- Share of Americans who associate homeownership with the American dream 2016, by age
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- Colombia: financed residential units 2015-2019, by type
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The Motley Fool. (June 16, 2021). Median and average mortgage down payment in the United States in 2021, by housing type (in U.S. dollars) [Graph]. In Statista. Retrieved March 31, 2023, from https://www.statista.com/statistics/1267637/down-payment-by-housing-type-usa/
The Motley Fool. "Median and average mortgage down payment in the United States in 2021, by housing type (in U.S. dollars)." Chart. June 16, 2021. Statista. Accessed March 31, 2023. https://www.statista.com/statistics/1267637/down-payment-by-housing-type-usa/
The Motley Fool. (2021). Median and average mortgage down payment in the United States in 2021, by housing type (in U.S. dollars). Statista. Statista Inc.. Accessed: March 31, 2023. https://www.statista.com/statistics/1267637/down-payment-by-housing-type-usa/
The Motley Fool. "Median and Average Mortgage down Payment in The United States in 2021, by Housing Type (in U.S. Dollars)." Statista, Statista Inc., 16 Jun 2021, https://www.statista.com/statistics/1267637/down-payment-by-housing-type-usa/
The Motley Fool, Median and average mortgage down payment in the United States in 2021, by housing type (in U.S. dollars) Statista, https://www.statista.com/statistics/1267637/down-payment-by-housing-type-usa/ (last visited March 31, 2023)
Median and average mortgage down payment in the United States in 2021, by housing type (in U.S. dollars) [Graph], The Motley Fool, June 16, 2021. [Online]. Available: https://www.statista.com/statistics/1267637/down-payment-by-housing-type-usa/