Percentage of first-time home buyers in the U.S. 2022

Among all home buyers in the United States in 2022, first time home buyers accounted for approximately 26 percent of the total. The share of first time home buyers among all home buyers in the United States has fluctuated significantly between 2003 and 2021 w2having had the highest share of first time home buyers of 50 percent.

Share of first-time home buyers among all home buyers in the United States from 2003 to 2022

Characteristic	Share of first-time home buyers
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Release date

March 2023

More information

Region

United States

Survey time period

2003 to 2023

Number of respondents

4,854 respondents

Special properties

recent home buyers.

Supplementary notes

The source adds the following information: "In July 2022, NAR mailed out a 129-question survey using a random sample weighted to be representative of sales on a geographic basis to 153,045 recent home buyers. The recent home buyers had to have purchased a primary residence home between July of 2021 and June 2022. A total of 4,854 responses were received from primary residence buyers. After accounting for undeliverable questionnaires, the survey had an adjusted response rate of 3.2 percent."

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