According to a recent report by Lending Tree, the average down payment on a home is 12.29%. However, buyers in some states are putting down even more money for their home purchases. In New Jersey, buyers made average down payments of 13.71%. Meanwhile, buyers in North Dakota put down an average 11.34%, the lowest in the country.
Highest Down Payments
- New Jersey – 13.71%
- District of Columbia – 13.50%
- New York – 13.47%
- Hawaii – 13.33%
- California -13.22%
Lowest Down Payments
- North Dakota – 11.34%
- Wyoming – 11.38%
- Oklahoma – 11.62%
- Tennessee – 11.70%
- Iowa – 11.71%
