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us-homebuying-income-threshold-falls-for-seventh-straight-month:-report
US Homebuying Income Threshold Falls for Seventh Straight Month: Report

US Homebuying Income Threshold Falls for Seventh Straight Month: Report

Last updated: May 27, 2026 12:48 pm
By Mary Prenon
1 Min Read
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US Homebuying Income Threshold Falls for Seventh Straight Month: Report

A home is seen for sale in Austin, Texas. Brandon Bell/Getty Images

Home affordability across America could become a tad more attainable as the household income needed for a typical home declined for the seventh straight month in April, according to a May 26 Redfin report.

In April, households needed to earn $116,780 to buy a typical home—down from $119,191 in April 2025. The homebuying income needed peaked at $122,000 in mid-2025.

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