By the numbers: In 1980, most Texans became homeowners by age 29, per the same study.
That age was 34 in 2000, according to the study.
What's happening:Median U.S. home values have nearly doubled in the last decade. Meanwhile, household incomes have only grown by roughly 13.5% during that same period.
Because baby boomers are more likely to be homeowners who can use money from the sale of their current home to buy their next one, they had a built-in advantage during the pandemic-period bidding wars.
Zoom out: Across the U.S., buyers are anywhere from two to 17 years older than in 1980.