Here's how long it takes to save for a down payment on a house

Saving for a down payment remains a major barrier to U.S. homeownership, with the typical household needing about seven years to save in 2025, down from 12 years in 2022 but still twice as long as pre-pandemic. Higher home prices and lower savings rates contribute to this challenge. In expensive coastal metros, saving can take decades, while more affordable regions require less than five years. Military hubs benefit from VA loans, reducing down payment needs. Despite difficulties, homeownership remains a strong aspiration.