The average amount of time it takes for homebuyers in the United States to close on their home purchases is 47 days across all loan types, according to leading mortgage software company Ellie Mae.
Aquamarine Bar Graph representing home purchase averages from 2018, 2019 and 2020.
The average amount of time it takes for homebuyers in the United States to close on their home purchases is 47 days across all loan types, according to leading mortgage software company Ellie Mae.