Average U.S. Home Down Payment is Fourteen Percent

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March 24, 2015

The average amount buyers put down for their mortgages last year was 14 percent of purchase price, translating to an average $32,141, RealtyTrac found.

In 25 of the most expensive counties, the average down payment was 24 percent, or $138,547. This percentage is twice the average in the 25 lowest-priced counties, where buyers put down 12 percent, or $8,239.

When it comes to Millennial homebuying, the 25 counties with the biggest increase in Millennials saw an average 17 percent downpayment, or $66,174.

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