The Typical U.S. Homeowner Hangs Onto Their House for 12 Years. In Los Angeles, It’s 20 Years.
Rocket Companies, Inc. Class A (RKT)
Company Research
Source: Business Wire
Redfin reports homeowner tenure peaked at 13.4 years in 2020, roughly doubling the average tenure from 2005. It then declined marginally for four years before ticking up in 2025. SEATTLE--(BUSINESS WIRE)--The typical U.S. homeowner stays put in their house for 12 years, the longest median tenure since 2022. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.Homeowner tenure peaked at 13.4 years in 2020, then gradually declined each year until 2024. The declines were driven by the pandemic-driven homebuying and selling frenzy, when record-low mortgage rates and remote work motivated many Americans to move. Tenure inched up from 11.8 years in 2024 to 12 years in 2025 as home sales slowed due to high housing costs.Still, homeowners are holding onto their houses for nearly twice as long as they were in the early aughts. In 2005, for instance, the typical homeowner stayed put for 6.5 years before selling. Over the next decade-plus, people stayed in
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