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Average Length of Homeownership | Real Estate Questions Answered
Posted by Matt Curtis on
Average Length of Homeownership
Curious about how long homeowners are staying in their homes? Recent stats shed light on the average length of homeownership and its changing trends. Examining a 20-year period from 1985 to 2005, there was minimal variation in home stay duration. On average, homeowners remained in the same house for five years in 1985, gradually increasing to six years by 2005. However, in a surprising twist, the average length of a homeowners' stay has more than doubled in less than two decades, with homeowners now residing in their homes for over 13 years. Let's take a look at what the future may be for a homeowners' length of stay and discuss the factors driving this trend.
Future of Homeowners Staying in the Same House
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