Most residents of Latvia believe a first home can be bought only after the age of 30, Luminor Bank said on 18 October 2026, citing its survey. Respondents most often named 31–35 as the realistic age for that purchase.
About a third said 31–35 is the most suitable time for an average resident. Almost one in three was convinced a first home is realistically possible only after 35. A smaller share, one in four, thought it is already within reach at 26–30.
The survey also found that young people no longer treat a purchase before 30 as a given. Only a rare respondent thought an average resident can buy a first home by 25. Young people mentioned the 26–30 window considerably more often, yet a majority of them still named 31–35 as the most realistic time.
Luminor’s lending data show that housing loans in Latvia are more often taken by families. About 60% of loans are issued with a co-borrower, and the typical buyer in that group is a family with at least one child. Such households have average income of about €3,800 a month, an average loan of about €140,000 and an average repayment term of 25 years.
A borrower without a co-borrower is most often a 36-year-old specialist with average income of about €2,500 a month. In that case the average loan is about €93,000 and the term is 23 years.
Housing loans are most often arranged by people working in finance and legal services, information technology and telecommunications, transport, state and municipal institutions, retail and healthcare.
The down payment remains one of the main obstacles. In 45% of cases a state support programme is used to cover it, which reduces the amount of own funds required and makes a purchase more accessible to buyers who find it harder to save the deposit themselves.
Across the Baltic states, residents of Estonia more often than their neighbours say home ownership matters before the age of 31. That view is held by 39% in Estonia, 26% in Latvia and 31% in Lithuania.
The Luminor survey was carried out in August 2026 with the research agency Norstat. It covered 1,396 respondents in the Baltic states aged 18 to 39.