The Typical U.S. Home Changes Hands Every 13.2 Years

Source: Redfin — 

The typical American homeowner in 2021 had spent 13.2 years in their home. That’s down slightly from the peak of 13.5 years in 2020 but up significantly from 10.1 years in 2012.

The data in this report is from a Redfin analysis of median homeowner tenure by year in the U.S., using historical county records. Home tenure for 2021 is defined as the number of years between the most recent sale date of a home and Nov. 1, 2021.

Homeowner tenure flattened last year partly because so many Americans moved during the pandemic, with record-low mortgage rates encouraging homebuyers to dive into the market. Additionally, pandemic-fueled remote work led to a record share of Americans relocating, often to more affordable areas. 

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