The Average Down Payment On A House, Explained

Let’s clear up some of the confusion around down payments—something I talk through with nearly every client. In 2025, the median down payment for U.S. homebuyers landed at 19%. First-timers were closer to 10%, while repeat buyers averaged 23%. That 20% mark still matters because it means no private mortgage insurance (PMI), but loan options can flex based on your needs and situation. There are also programs out there to help bridge the gap, and a smart budget goes a long way. My approach is always to make sure you get honest advice and a clear path forward, so you feel comfortable and confident with your next move—whether you’re buying your first home or adding to your portfolio.