NAR Says Typical First-Time Homebuyer Age Was 40 in 2025, up from 33 in 2021. But Is this Accurate?

The National Association of Realtors (NAR) claimed in its annual report on homebuyers, based on survey results, that the typical age of first-time buyers (FTBs) had spiked to 40 years in 2025, up from 37.9 years in 2024, and up from 33 years in 2021.