Quote from @Account Closed:
Cash is Trash! You might consider conservatively investing your money until you can hit that dollar amount. I wouldn't advise any young person to save money right now. I like that you know your goal AND exit plan, that is great! I would get serious about investing, yes, even in stocks right now as map out the return needed to your down payment amount. Yes you can always borrow more and what not from other lenders or family but if its just you, I'd invest and stay persistent.
unless you are talking about a CD I would not be investing right now for short term gains. Nobody can time the market but at this point there is a decent chance that stocks can level down even further in the coming year. Unless you are a very experienced swing/day trader, you should be mentally prepared to play the longer term game on any funds put in this market (or in other words ready to let your money sit for 3+ years) and even ready to average down.