Tyler Smith - First Time Home Buyer’s Guide on Instagram: "What does the average first time home buyer look like? The median age is now 40 years old. 40!? I think that’s partly because people don’t know these other facts. Median household income: $96,000 Average down payment: 9% You don’t need to be a trust fund baby, or make high six figures to be able to afford a home. You don’t need 20% down. You don’t need perfect credit. Home ownership is much more reasonable and possible than you think!"