Redfin: Typical US homebuyer down payment falls to $64,000 in March, down payment share slips to 15%

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  • Redfin analysis showed the typical U.S. homebuyer down payment fell 1.5% year over year to USD 64,000 in March 2026.
  • The typical down payment rate slipped to 15% from 16.1%, reflecting slower home-price growth, more low-down-payment mortgages, weaker bidding pressure.
  • California metros led down payment rates, with San Jose, San Francisco, Anaheim at 25%.
  • Virginia Beach posted the lowest down payment rate at 2%; Detroit was 5%.
  • Nashville saw the steepest dollar decline at 27%; Cleveland led increases at 20.5%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redfin Corporation published the original content used to generate this news brief on June 02, 2026, and is solely responsible for the information contained therein.

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