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Length of time homeowners planned to live in current home in the U.S. 2016, by age

Published by Statista Research Department, Dec 19, 2022
This statistic shows the length of time homeowners planned to live in current home in the United States in 2016, by age group. In 2016, over half of the Millennial respondents said that they only planned to stay in their current home for five years or less.

Length of time homeowners planned to live in current home in the United States in 2016, by age group

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Sources

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Release date

March 2017

Region

United States

Survey time period

March 23 to March 28, 2016 and April 9 to April 30, 2016

Number of respondents

2,200 homeowners

Age group

18 years and older

Supplementary notes

The respondents in the first survey period were "homeowners who have owned their primary residence for at least 5 years in 15 major U.S. markets where home prices have risen substantially in the past few years". Whereas the respondents in the second survey period were "home buyers who purchased their homes since 2010."
The source does not specify the type of survey carried out.

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Statistics on " Millennial homeownership in the United States "

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Statistics on Millennial homeownership in the United States

Overview

8

Current living arrangements

4

Homeownership plans

8

Home financing

6

Home buying process

6

Further related statistics

17

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