Northeast and Midwest See Rising Down Payments While the South Lags, According to Realtor.com®
Realtor.com's latest report reveals significant regional disparities in U.S. home down payments during 2024. The Northeast and Midwest regions experienced substantial increases, with Delaware leading at 38.6% growth ($49,000), followed by Rhode Island (32.8%) and Maine (32.0%). In contrast, Southern and Western states saw declines, particularly in pandemic boom areas like Texas (-16.5%) and Florida (-14.1%).
At the metro level, San Diego topped the growth chart with a 33.7% increase in median down payments, reaching $150,407. Other notable increases occurred in Cincinnati, New Orleans, and Philadelphia. Conversely, Cape Coral, Florida, experienced the largest decline (-31.2%). Only 21 of the 100 largest U.S. metros saw falling down payments, indicating persistent competitive conditions nationwide.
The trend reflects a market reshaped by high interest rates, where financially prepared buyers are putting down more money, especially in competitive regions with inventory.
Il rapporto più recente di Realtor.com rivela significative disparità regionali nei pagamenti iniziali per le case negli Stati Uniti durante il 2024. Le regioni del Nord-Est e del Midwest hanno registrato aumenti sostanziali, con il Delaware in testa con una crescita del 38,6% ($49,000), seguito da Rhode Island (32,8%) e Maine (32,0%). Al contrario, gli stati del Sud e dell'Ovest hanno visto delle diminuzioni, in particolare in aree che avevano beneficiato del boom pandemico come il Texas (-16,5%) e la Florida (-14,1%).
A livello metropolitano, San Diego è in cima alla classifica di crescita con un aumento del 33,7% nei pagamenti iniziali mediani, raggiungendo i $150,407. Altri aumenti significativi si sono verificati a Cincinnati, New Orleans e Filadelfia. Al contrario, Cape Coral, in Florida, ha registrato la maggiore diminuzione (-31,2%). Solo 21 delle 100 metropoli più grandi degli Stati Uniti hanno visto un calo nei pagamenti iniziali, indicando condizioni competitive persistenti a livello nazionale.
Questa tendenza riflette un mercato plasmato da tassi d'interesse elevati, dove gli acquirenti finanziariamente preparati stanno versando più denaro, specialmente in regioni competitive con scorte limitate.
El último informe de Realtor.com revela disparidades regionales significativas en los pagos iniciales de viviendas en EE. UU. durante 2024. Las regiones del Noreste y del Medio Oeste experimentaron aumentos sustanciales, siendo Delaware el líder con un crecimiento del 38.6% ($49,000), seguido de Rhode Island (32.8%) y Maine (32.0%). En contraste, los estados del Sur y del Oeste vieron disminuciones, particularmente en áreas que experimentaron un auge durante la pandemia como Texas (-16.5%) y Florida (-14.1%).
A nivel metropolitano, San Diego encabezó la lista de crecimiento con un aumento del 33.7% en los pagos iniciales medianos, alcanzando los $150,407. Otros aumentos notables ocurrieron en Cincinnati, Nueva Orleans y Filadelfia. Por otro lado, Cape Coral, Florida, experimentó la mayor disminución (-31.2%). Solo 21 de las 100 metrópolis más grandes de EE. UU. vieron caer los pagos iniciales, lo que indica condiciones competitivas persistentes en todo el país.
La tendencia refleja un mercado moldeado por altas tasas de interés, donde los compradores financieramente preparados están aportando más dinero, especialmente en regiones competitivas con inventario limitado.
Realtor.com의 최신 보고서는 2024년 미국 주택 계약금에서 지역별로 상당한 차이를 보이고 있음을 나타냅니다. 북동부와 중서부 지역은 델라웨어가 38.6% 성장으로 선두를 달리며 ($49,000), 그 뒤를 이어 로드아일랜드(32.8%)와 메인(32.0%)이 뒤따랐습니다. 반면, 남부 및 서부 주에서는 감소세를 보였으며, 특히 팬데믹 호황 지역인 텍사스(-16.5%)와 플로리다(-14.1%)에서 두드러졌습니다.
대도시 수준에서 샌디에고가 성장 차트를 선도하며 중간 계약금이 33.7% 증가하여 $150,407에 도달했습니다. 신시내티, 뉴올리언스, 필라델피아에서도 주목할 만한 증가가 있었습니다. 반면, 플로리다의 케이프 코럴은 가장 큰 감소(-31.2%)를 경험했습니다. 미국의 100대 대도시 중 21곳만이 계약금이 감소했으며, 이는 전국적으로 지속적인 경쟁 조건을 나타냅니다.
이 추세는 높은 이자율로 재편된 시장을 반영하며, 재정적으로 준비된 구매자들이 특히 재고가 제한된 경쟁 지역에서 더 많은 돈을 지불하고 있습니다.
Le dernier rapport de Realtor.com révèle des disparités régionales significatives dans les acomptes pour les maisons aux États-Unis en 2024. Les régions du Nord-Est et du Midwest ont connu des augmentations substantielles, avec le Delaware en tête avec une croissance de 38,6% ($49,000), suivi du Rhode Island (32,8%) et du Maine (32,0%). En revanche, les États du Sud et de l'Ouest ont enregistré des baisses, en particulier dans les zones qui avaient connu un boom pendant la pandémie comme le Texas (-16,5%) et la Floride (-14,1%).
Au niveau métropolitain, San Diego a dominé le tableau de croissance avec une augmentation de 33,7% des acomptes médians, atteignant $150,407. D'autres augmentations notables ont eu lieu à Cincinnati, La Nouvelle-Orléans et Philadelphie. En revanche, Cape Coral, en Floride, a connu la plus forte baisse (-31,2%). Seules 21 des 100 plus grandes métropoles américaines ont vu leurs acomptes diminuer, ce qui indique des conditions concurrentielles persistantes à l'échelle nationale.
Cette tendance reflète un marché remodelé par des taux d'intérêt élevés, où les acheteurs financièrement préparés versent plus d'argent, notamment dans des régions compétitives avec un inventaire limité.
Der aktuelle Bericht von Realtor.com zeigt erhebliche regionale Unterschiede bei den Anzahlungen für Wohnimmobilien in den USA im Jahr 2024. Die Regionen Nordost und Midwest verzeichneten erhebliche Zuwächse, wobei Delaware mit einem Wachstum von 38,6% an der Spitze steht ($49,000), gefolgt von Rhode Island (32,8%) und Maine (32,0%). Im Gegensatz dazu verzeichneten die südlichen und westlichen Bundesstaaten Rückgänge, insbesondere in pandemiebedingt boomenden Gebieten wie Texas (-16,5%) und Florida (-14,1%).
Auf der Metropol-Ebene führte San Diego die Wachstumsstatistik an mit einem Anstieg von 33,7% bei den mittleren Anzahlungen, die $150,407 erreichten. Weitere bemerkenswerte Zuwächse gab es in Cincinnati, New Orleans und Philadelphia. Im Gegensatz dazu verzeichnete Cape Coral in Florida den größten Rückgang (-31,2%). Nur 21 der 100 größten Metropolen in den USA verzeichneten sinkende Anzahlungen, was auf anhaltend wettbewerbsfähige Bedingungen im ganzen Land hinweist.
Der Trend spiegelt einen Markt wider, der durch hohe Zinssätze geprägt ist, in dem finanziell gut vorbereitete Käufer mehr Geld einzahlen, insbesondere in wettbewerbsintensiven Regionen mit begrenztem Angebot.
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The latest data shows that in states such as
"Today's high-rate environment is reshaping the homebuying landscape," said Hannah Jones, senior economic research analyst, Realtor.com®. "Higher borrowing costs and affordability pressures have led to a market where financially prepared buyers are putting more money down, especially in competitive regions with limited inventory."
States with Rising and Falling Down Payments
The states where down payments have grown the most are almost all in either the Northeast or the Midwest. The Northeast and Midwest saw the largest increases, with
"The Midwest and Northeast continue to see intense buyer demand. Both suffer from relatively severe housing supply gaps due to low construction relative to buyer demand, which has driven prices higher and led to more competitive market conditions," said
Many of the states where down payments have fallen are in the South and West. Only eight of the 50 states saw down payments fall in 2024.
Metros with Rising and Falling Down Payments
The
In many of the metros where down payments climbed the most, buyers put down less than the national median of
Metros with Highest Change in Down Payment ($) 2024
Metro | 2024 Avg | YY | 2024 Median | % chg | Sales |
21.2 % | 2.0 % | 33.7 % | 7.2 % | ||
13.6 % | 1.3 % | 32.8 % | 9.4 % | ||
11.4 % | 1.1 % | 32.7 % | 3.5 % | ||
16.6 % | 1.6 % | 32.3 % | 5.2 % | ||
12.9 % | 1.3 % | 32.1 % | 6.5 % | ||
13.9 % | 0.4 % | 31.9 % | 3.1 % | ||
13.2 % | 1.4 % | 30.9 % | 7.7 % | ||
10.5 % | 0.5 % | 30.4 % | 3.4 % | ||
12.2 % | 1.8 % | 29.8 % | -0.4 % | ||
16.0 % | 0.4 % | 29.2 % | 9.0 % | ||
10.7 % | 0.1 % | 27.3 % | 5.6 % |
Almost all of the markets where down payments have fallen the most are in
Only 21 of the 100 largest
Metros with Declines in Down Payment ($) 2024
Metro | 2024 Avg | YY | 2024 Median | % chg | Sales Price |
13.3 % | -2.7 % | -31.2 % | -1.2 % | ||
13.0 % | -1.6 % | -27.8 % | 1.5 % | ||
15.6 % | -1.0 % | -17.4 % | 0.0 % | ||
13.6 % | -1.0 % | -17.3 % | -0.7 % | ||
13.5 % | -0.8 % | -15.5 % | 1.7 % | ||
9.6 % | -0.9 % | -15.4 % | -2.4 % | ||
14.7 % | -0.9 % | -13.0 % | -2.6 % | ||
7.4 % | -0.9 % | -10.8 % | -2.2 % | ||
14.0 % | -0.9 % | -9.7 % | 1.3 % | ||
8.0 % | -1.2 % | -9.1 % | -2.1 % |
Looking Ahead
Down payments are expected to remain elevated in high-demand areas with limited inventory, while markets in the South and West may continue to see softening trends.
"Buyers who can afford higher down payments will likely remain dominant in competitive regions, but affordability concerns may drive more shifts in 2025," added
State-level Down Payments 2024
State Name | 2024 Avg | YY | 2024 Median | % chg yy | Sales Price |
10.6 % | 0.5 % | 8,207 | 4.7 % | -0.3 % | |
11.0 % | -0.2 % | 20,972 | 14.8 % | 3.3 % | |
14.6 % | 0.0 % | 32,839 | 8.1 % | 1.1 % | |
11.7 % | 0.5 % | 12,532 | 18.7 % | 7.3 % | |
18.6 % | 0.5 % | 93,633 | 18.4 % | 6.8 % | |
17.5 % | 0.1 % | 73,415 | 11.0 % | 1.8 % | |
16.8 % | 0.8 % | 51,369 | 24.0 % | 9.8 % | |
18.5 % | 2.4 % | 49,219 | 38.6 % | 2.0 % | |
19.7 % | -1.9 % | 93,559 | -7.5 % | 3.5 % | |
14.2 % | -1.0 % | 27,566 | -14.1 % | 0.8 % | |
12.0 % | 0.2 % | 16,724 | 7.5 % | 4.7 % | |
18.0 % | 2.7 % | 93,928 | -6.8 % | ||
19.2 % | -0.4 % | 56,166 | 1.7 % | 1.6 % | |
14.4 % | 0.6 % | 30,561 | 15.7 % | 7.7 % | |
13.0 % | 0.6 % | 17,934 | 12.3 % | -0.3 % | |
16.1 % | 0.6 % | 28,721 | 14.3 % | 7.3 % | |
13.1 % | 1.1 % | 19,528 | 26.9 % | -1.6 % | |
13.0 % | 0.4 % | 17,390 | 15.9 % | 8.7 % | |
9.3 % | 0.4 % | 6,582 | 3.1 % | 2.4 % | |
17.3 % | 1.9 % | 42,185 | 32.0 % | 6.9 % | |
12.5 % | 0.4 % | 25,309 | 9.2 % | 5.4 % | |
18.6 % | -0.1 % | 76,969 | 1.6 % | 10.3 % | |
14.0 % | 0.4 % | 22,610 | 15.5 % | 9.9 % | |
15.7 % | 0.5 % | 38,231 | 7.8 % | 4.8 % | |
8.8 % | -0.1 % | 6,191 | 6.5 % | 11.6 % | |
12.9 % | 0.6 % | 18,176 | 20.4 % | 4.3 % | |
18.7 % | -1.4 % | 60,703 | -8.1 % | 4.6 % | |
14.8 % | 0.3 % | 26,651 | 11.7 % | 9.6 % | |
14.7 % | 0.4 % | 39,673 | 27.9 % | 4.4 % | |
20.7 % | 1.4 % | 76,055 | 21.5 % | 9.2 % | |
19.0 % | 1.2 % | 80,105 | 23.8 % | 9.8 % | |
12.5 % | 0.5 % | 17,938 | 5.8 % | 20.0 % | |
17.5 % | 0.6 % | 54,682 | 16.0 % | 7.5 % | |
14.2 % | 0.1 % | 27,646 | -0.2 % | 3.7 % | |
14.8 % | 1.1 % | 25,292 | 13.5 % | 8.9 % | |
12.5 % | 0.8 % | 17,474 | 27.9 % | 8.3 % | |
11.9 % | 0.1 % | 13,327 | 2.1 % | 5.6 % | |
16.9 % | 0.0 % | 55,397 | 9.0 % | 3.0 % | |
14.7 % | 1.0 % | 27,991 | 20.4 % | 6.2 % | |
17.4 % | 1.1 % | 57,952 | 32.8 % | 10.5 % | |
14.6 % | 0.4 % | 21,179 | 2.1 % | 1.5 % | |
15.4 % | 0.2 % | 28,312 | -13.0 % | #N/A | |
13.7 % | -0.5 % | 23,326 | -2.0 % | 3.8 % | |
11.3 % | -0.6 % | 15,350 | -16.5 % | 0.0 % | |
16.0 % | 0.7 % | 45,562 | 12.6 % | 0.2 % | |
17.8 % | 0.1 % | 51,411 | 20.7 % | 7.4 % | |
13.8 % | 0.6 % | 30,810 | 15.2 % | 4.8 % | |
18.1 % | 1.0 % | 85,362 | 19.9 % | 8.2 % | |
9.7 % | 0.7 % | 7,412 | 15.2 % | 15.9 % | |
15.5 % | 1.0 % | 33,230 | 24.0 % | 9.1 % | |
14.7 % | -0.9 % | 25,855 | -3.4 % | 2.0 % |
*
Methodology
Down payment trends analyzed at the national and top 100 metro levels through Q4 of 2024 using Optimal Blue data. Down payment as a share of the sale price is calculated as an average across the data. Down payment as a dollar amount is calculated by taking the median across the data. All comparisons are between 2023 and 2024 unless otherwise stated.
About Realtor.com®
Realtor.com® pioneered online real estate and has been at the forefront for over 25 years, connecting buyers, sellers, and renters with trusted insights, professional guidance and powerful tools to help them find their perfect home. Recognized as the No. 1 site trusted by real estate professionals, Realtor.com® is a valued partner, delivering consumer connections and a robust suite of marketing tools to support business growth. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc.
Media Contact: Mallory Micetich, press@realtor.com
View original content:https://www.prnewswire.com/news-releases/northeast-and-midwest-see-rising-down-payments-while-the-south-lags-according-to-realtorcom-302424098.html
SOURCE Realtor.com
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