Saving for a Typical Down Payment Takes 7 Years in 2025: Report

That’s down from 12 years in 2022 but nearly double the pre-COVID-19 pandemic norm.
Saving for a Typical Down Payment Takes 7 Years in 2025: Report
A house for sale in Austin, Texas, in this file photo. Brandon Bell/Getty Images
Mary Prenon
Mary Prenon
Freelance Reporter
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Would-be homeowners across the United States are spending an average of seven years to save for a down payment on a house, according to a Dec. 29 report from Realtor.com.

The report indicates that although this time frame is down from 12 years in 2022, it is still nearly double the pre-COVID-19 pandemic norm.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.