Buying your first home doesn’t look anything like it did 30 years ago. The average first-time homebuyer age in 2024 is now 38, up from 33 in 2020 and 31 between 1993 and 2018. The old notion that renting in your 30s or 40s means you’re falling behind is outdated. Whether you’re weighing rent vs buy or simply waiting for the right moment, know this: Buying your first home at 40 is no longer unusual; it’s becoming the norm. There are compelling financial and personal reasons for this.

Why Are Buyers Waiting Longer?

Across the board, major life milestones are happening later in life:

• The average age of first-time mothers is now 30 (up from the early 20s a few decades ago).
• Only 33% of today’s 30-year-olds own a home, compared to 47% in 1984.
• Just 48% of 30-year-olds have been married (down from 78% in 1984).
• And 72% of renters are now over 30 — the highest share ever recorded.

This trend reflects shifting priorities; people are choosing to focus on education, careers, and savings before committing to long-term homeownership. This delayed homeownership is increasingly common, and given today’s economy and real estate trends in 2025, it’s a thoughtful approach.

Why Buying Later in Life Works in Your Favor

Stronger Finances

You’ve likely had more time to increase your income, build savings, and boost your credit score than in your 20s. That financial maturity helps offset homeownership costs like down payments, closing fees, and maintenance.

You’re also more likely to have job stability and a consistent employment history, which can improve your financing options. 

One standout financing option is through PSECU's First-Time Homebuyer Program. This program features no income limits, which most programs do have. Also, the minimum credit score is 680, and there is no mortgage insurance. 

Clearer Priorities

By your late 30s or 40s, you’ve lived enough to know exactly what you want in a home. You're less likely to make impulsive decisions and more likely to prioritize what truly matters, whether it’s location, community features, interior and exterior design, or extra space for family. With Berks Homes, you can even personalize your new home in our Selection Galleries to match your lifestyle and vision.

Market Momentum

Smaller floor plans, energy efficiency, and flexible layouts are becoming more available, especially for first-time buyers. Berks Homes offers a range of townhomes, duplexes, and single family homes that are ideal for modern buyers seeking lower maintenance and financial attainability. 

Explore these communities in Pennsylvania that make ideal first-time homes for many: 

• Shady Lane Estates in Bellefonte, PA, priced from the low $300s 
• Logan Greene Townhomes in Bellefonte, PA, priced from the low $300s 
• Stone Mill Estates Duplexes in Duncannon, PA, priced from the low $300s 
• Hills at Valley View in Jefferson, PA, priced from the low $300s
• Elizabeth Village in Harrisburg, PA – Coming Soon 
• Townes of Hampden in Hampden Township, PA – Coming Soon  
• Seiders Hill in Pottsville, PA – Coming Soon 

Buying with Berks Homes

At Berks Homes, we believe that homeownership should feel empowering no matter when you begin. That’s why we offer thoughtfully designed homes in welcoming communities with to-be-built homes, quick move-in options, and financial resource partners to help you throughout the financing journey. 

So, if you’ve ever asked yourself, "Is it too late to buy a house?" know this: It’s not. You’re right on time. And Berks Homes is here to help make that homeownership dream a reality.

Please contact our Online Sales Consultants, Chastity & Kelly today for more information on available homes and communities in Pennsylvania at 484.772.2693