Millennials are waiting longer than ever to buy homes - here's how many years it takes to save for a down payment in 25 major US cities

Years needed to afford a down payment: 3.99

Median household income: $52,393

Median home value: $209,000

Years needed to afford a down payment: 4.04

Median household income: $60,308

Median home value: $243,600

Years needed to afford a down payment: 4.10

Median household income: $52,062

Median home value: $213,300

Years needed to afford a down payment: 4.18

Median household income: $56,255

Median home value: $235,200

Years needed to afford a down payment: 4.47

Median household income: $51,115

Median home value: $228,300

Years needed to afford a down payment: 4.60

Median household income: $53,006

Median home value: $243,900

Years needed to afford a down payment: 4.63

Median household income: $66,697

Median home value: $308,500

Years needed to afford a down payment: 4.88

Median household income: $53,843

Median home value: $262,600

Years needed to afford a down payment: 5.07

Median household income: $44,905

Median home value: $227,500

Years needed to afford a down payment: 5.56

Median household income: $55,187

Median home value: $306,900

Years needed to afford a down payment: 5.68

Median household income: $38,681

Median home value: $219,700

Years needed to afford a down payment: 5.91

Median household income: $61,105

Median home value: $360,900

Years needed to afford a down payment: 6.36

Median household income: $62,127

Median home value: $395,100

Years needed to afford a down payment: 7.26

Median household income: $83,476

Median home value: $606,200

Years needed to afford a down payment: 7.63

Median household income: $75,506

Median home value: $576,100

Years needed to afford a down payment: 7.79

Median household income: $63,621

Median home value: $495,500

Years needed to afford a down payment: 7.87

Median household income: $101,940

Median home value: $802,000

Years needed to afford a down payment: 7.94

Median household income: $71,481

Median home value: $567,400

Years needed to afford a down payment: 7.96

Median household income: $34,901

Median home value: $277,700

Years needed to afford a down payment: 8.64

Median household income: $60,075

Median home value: $518,900

Years needed to afford a down payment: 9.55

Median household income: $68,060

Median home value: $649,700

Years needed to afford a down payment: 9.68

Median household income: $58,856

Median home value: $569,700

Years needed to afford a down payment: 9.87

Median household income: $103,801

Median home value: $1,024,000

Years needed to afford a down payment: 10.9

Median household income: $54,432

Median home value: $593,500