Buying your first home at 40 doesn’t make you late. It just means you’re part of the new normal. According to the National Association of Realtors (NAR), the median age for first-time buyers hit a record 40 in 2025 (1). Must Read Even more concerning, NAR estimates that delaying a first home purchase until age 40 rather than age 30 could cost you about $150,000 in lost starter-home equity (2). What’s going on? Traditionally, first-time homebuyers were in their late 20s or early 30s (1, 2). But the cl ...