Characteristics of Home Buyers by Pekin Realtor®, Brad Barnard

Fifty-three percent of recent home buyers were first-time buyers, compared to 50 percent nationwide.

The typical first-time home buyer was 30 years old, while the typical repeat buyer was 42 years old, nationwide first-time buyers were typically 30 and repeat buyers were typically 49 years old.

The 2009 median household income of buyers was $75,900 this is slightly higher than the median income of buyers nationwide which was $72,200.

The median income was $67,000 among first-time buyers and $85,400 among repeat buyers.

Twenty-two percent of recent home buyers were single females, and 11 percent were single males. Nationwide, twenty percent of recent home buyers were single females, and 12 percent were single males.

For a FREE LIST of homes in the Pekin Real Estate market, contact Pekin Realtor®, Brad Barnard at 309-241-0313 or complete the form below.

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