Mapped: Texans are buying homes later in life

New Texas homeowners are getting older.

• The majority of Texas homeowners bought their first house by age 37, according to a recent University of California, Berkeley study.

Why it matters: For young people especially, homeownership is increasingly out of reach, Axios' Brianna Crane reports.

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.

Zoom in: Austin's boomers have long been outcompeting millennials and other young'uns for homes.

• 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.

Go deeper: 38% of young buyers use family money for down payments