Married couples made up the largest share of buyers at 68%, followed by single women at 18% and single men at 7%. Senior housing accounted for 7% of purchases, while 14% of homes were bought for multigenerational families.
Jennifer Wauhob, chairman of Texas Realtors, said the figures reflect a divide between those who entered the market during the pandemic and those who did not.
“Today’s first-time buyers were not in the housing market during the pandemic years of low mortgage rates and quick home value increases, which may leave some of them feeling a step behind,” Wauhob said. “Meanwhile, homeowners who built up some equity may be able to sell and make a substantial down payment on another home.”
Cash sales hit a record
The share of all-cash home purchases reached a record high of 30% in 2025, more than double the 14% recorded in 2017, the report said. Among those who used financing, 63% opted for fixed-rate mortgages, with conventional loans making up 56% of that group.
Most buyers (79%) said they believe homeownership remains a sound long-term financial investment, and 35% said it outperforms stocks.