Homebuyers in the top 10 U.S. states with the highest median down payment for a home purchase had to pay more than double the median for the country in the first quarter of 2024. California, Massachusetts, and Hawaii were the states with the highest down payments in the United States, with median deposits for a home purchase exceeding * U.S. dollars. Nationwide, the median down payment was approximately * U.S. dollars. The rapid house price increase since the beginning of the coronavirus pandemic, has led to homebuyers needing to set aside a larger deposit. Additionally, a higher down payment allows borrowers to secure lower monthly payments.
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Bankrate. (July 9, 2024). Median down payment in the United States in 2024, by state (in U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 15, 2026, from /statistics/1267644/down-payment-usa-by-state/
Bankrate. "Median down payment in the United States in 2024, by state (in U.S. dollars)." Chart. July 9, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 15, 2026. /statistics/1267644/down-payment-usa-by-state/
Bankrate. (2024). Median down payment in the United States in 2024, by state (in U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 15, 2026. /statistics/1267644/down-payment-usa-by-state/
Bankrate. "Median down Payment in The United States in 2024, by State (in U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 9 Jul 2024, /statistics/1267644/down-payment-usa-by-state/
Bankrate, Median down payment in the United States in 2024, by state (in U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1267644/down-payment-usa-by-state/ (last visited July 15, 2026)
Median down payment in the United States in 2024, by state (in U.S. dollars) [Graph], Bankrate, July 9, 2024. [Online]. Available: /statistics/1267644/down-payment-usa-by-state/
