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U.S. homeowners stayed in their houses for about 12 years as of 2025—the longest median time since 2022.
In a March 4 report, Redfin noted that the “stay put” trend peaked at 13.4 years in 2020, then gradually declined every year until 2024, when it hit 11.8 years. Last year’s rising home costs and interest rates led to an uptick to 12 years.
“High mortgage rates and home prices perpetuate a cycle that locks up housing inventory,” Redfin’s head of economics research, Chen Zhao, said in the report.
“It can keep existing homeowners in place and financially discourage them from moving to a different home or a different neighborhood, which drives prices up even higher for first-timers trying to break into the market.”…
In a March 4 report, Redfin noted that the “stay put” trend peaked at 13.4 years in 2020, then gradually declined every year until 2024, when it hit 11.8 years. Last year’s rising home costs and interest rates led to an uptick to 12 years.
“High mortgage rates and home prices perpetuate a cycle that locks up housing inventory,” Redfin’s head of economics research, Chen Zhao, said in the report.
“It can keep existing homeowners in place and financially discourage them from moving to a different home or a different neighborhood, which drives prices up even higher for first-timers trying to break into the market.”…
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