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Home/Briefs/real estate

BriefApril 10, 2026 · 02:36 AM

Charlotte first-time homebuyers are waiting until age 40 to enter the market

First-time homebuyers under 40 are unable to find affordable homes in preferred locations. This delay in entry is driven by the median home price in Charlotte, which now sits at $405,000. The barrier for entry is higher due to student loan debt and the difficulty of saving for a down payment. According to data from Realtor.com, the average age of a first-time homebuyer has climbed to 40.

Jamie Everett

real estatepersonal financehousing affordability

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