The typical U.S. homebuyer’s down payment is $62,468, down by roughly 1% year over year, the first annual decline in nearly two years.

The data in this report is from a Redfin analysis of county records across 40 of the most populous U.S. metropolitan areas. April 2025 is the most recent month for which data is available. Down-payment data, along with data below on loan types, is limited to home purchases for which buyers took out a mortgage. An all-cash purchase is one in which there is no mortgage loan information on the deed.