We discovered that the mean age for approximately 71% of the students was 24 1/2 years old! With essentially none of the students in the 30 's, the other 29 percent of the students were approximately 44 1/4 years old. So much for the theory that only old retired people are going into real estate now.
Realtor.org provided the following statistic:
- Median age of first-time buyers: 30
- Median age of repeat buyers: 47