In 2025, the typical Tampa Bay household needed about 6.6 years to save for a median home down payment of $26,320, based on a median salary of $78,256 and a 5.1% savings rate. This timeline is shorter than the 12 years in 2022 but still double the pre-pandemic norm. Nationally, median down payments rose to $30,400, with some coastal metros requiring decades to save. First-time homebuyers are at a record low, with many relying on family assistance.
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