U.S. homebuyers continued making historically large down payments in late 2024, responding to a year of record-high upfront housing costs, according to a Realtor.com report.

The typical down payment in the fourth quarter was $30,250, slightly below the previous quarter but roughly $3,000 above results from late-2023.

For all of 2024, buyers put down an average of $29,900, or 14.4% of the purchase price, marking the highest figures since tracking began. Down payments were 3.4 percentage points larger than pre-pandemic (2019) levels.

“As inventory recovers, the housing market is very slowly tilting toward more balance between buyers and sellers. But down details ⇒

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