Real Estate Conversations | Episode 4: Understanding Home Buyer Demographics

Understanding Home Buyer Demographics | The Age Shift in Home Buying

In this episode, Mike Simonsen sits down with Eric Finnigan, Vice President of Demographics Research at John Burns, to unpack one of the most important trends shaping today’s housing market: the rising age of the first-time home buyer. With affordability challenges, demographic shifts, and economic pressures reshaping who is able to buy—and when—this conversation dives into what these changes mean for the future of home ownership.

We explore why the average first-time buyer has shifted from age 31 to around 40, what’s driving that change, and how the perception of today’s home buyer has evolved. From income constraints and rising barriers to entry, to the broader demographic forces influencing demand, this episode provides a data-backed look at why many aspiring buyers are struggling—and what needs to happen next.

Whether you're a buyer, seller, agent, or simply tracking the housing market, this discussion offers essential insight into the forces shaping affordability and access in 2025.

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This post is for informational purposes only. It is not intended as financial, legal, or real estate advice. Any market forecasts or predictions discussed are speculative and are subject to change. Actual results may differ. You should seek their own professional advice before making decisions. Compass disclaims any liability for reliance on this content.