How Long Do Most Families Stay in Their Home?

The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost nine years – an increase of almost 50%.

Why the dramatic increase?

The reasons for this change are plentiful!

The fall in home prices during the housing crisis left many homeowners in a negative equity situation (where their home was worth less than the mortgage on the property). Also, the uncertainty of the economy made some homeowners much more fiscally conservative about making a move.

With home prices rising dramatically over the last several years, 93.7% of homes with a mortgage are now in a positive equity situation with 79.1% of them having at least 20% equity, according to CoreLogic.

With the economy coming back and wages starting to increase, many homeowners are in a much better financial situation than they were just a few short years ago.

One other reason for the increase was brought to light during a recent presentation by Lawrence Yun, the Chief Economist of NAR, at the Realtor’s Summit in San Diego, CA. Yun pointed to the fact that historically, young homeowners who were either looking for more space to accommodate their growing family or looking for a better school district were more likely to move more often (every 5 years). The homeownership rate among young families, however, has still not caught up to previous generations resulting in the jump we have seen in median tenure!

What does this mean for housing?

Many believe that a large portion of homeowners are not in a house that is best for their current family circumstances. They could be baby boomers living in an empty, four-bedroom colonial, or a millennial couple planning to start a family that currently lives in a one-bedroom condo.

These homeowners are ready to make a move. Since the lack of housing inventory is a major challenge in the current housing market, this could be great news for sellers.  Give me a call to find out what your home is worth – J.P. Cook – 602-320-4253.

What’s Your Home Worth?

Search for Your New Home

Listing types.

For Sale

For Rent

Land

Location Search Nearby

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Property TypeAnyApartmentManufactured HomeSingle Family ResidenceTownhouseTwin Home

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Distressed

Open House

Location Search Nearby

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Price MaxAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Advanced Options

Property TypeAnyApartmentManufactured HomeSingle Family ResidenceTownhouseTwin Home

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Location Search Nearby

Lot SizeAny1+ Acres2+ Acres3+ Acres4+ Acres5+ Acres6+ Acres7+ Acres8+ Acres9+ Acres10+ Acres20+ Acres30+ Acres40+ Acres50+ Acres

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Neighborhood

Address, MLS# or Keyword

View As: Thumbnails List

Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

9605 W Getty Drive Tolleson, AZ 85353

$495,000

4 Beds

3 Baths

2,273 SqFt

Status Active

MLS # 6669664

Property Type Single Family Residence

Price Type --

Welcome to your dream home, 4 bed 3 bath home with a custom designed backyard. Host parties enjoying the gas fire pit, corn hole lanes, putting green, gazebo and covered patio while creating memories with family and friends. This gorgeous kitchen comes with an open concept and plenty of cabinet space, recessed lighting, a center island and pantry. A spacious master bedroom with walk-in closet, double sink vanity and private bath. Plus a large flex room to be used for any of your needs. - Perimeter of the yard, fireplace and counter. Inside - Ruckus Smart Switch and Wifi Network Extension. Garage - MyQ App controlled Garage Door opener. COME SEE IT FOR YOURSELF

View Property

18009 N 129th Drive Sun City West, AZ 85375

$495,000

3 Beds

3 Baths

2,874 SqFt

Status Active

MLS # 6671466

Property Type Single Family Residence

Price Type --

W E L C O M E to this newly-upgraded 2,874 sq.ft residence. Inside, you'll find a perfectly flowing layout showcasing a large expensive floor plan. clean lines and sleek designs. Soothing palette, recessed lighting & wide plank vinyl flooring are features you'll love! The stunning kitchen boasts granite & butcher block counters, updated cabinets with custom accents, black and SS appliances, custom island, walk-in pantries. End your busy day in your primary master suites with a jacuzzi tub. Lavish bathrooms, custom vanities, expansive custom showers. Large walk in closets in each room. Spend relaxing afternoons in the expansive large backyard patio, plenty of space for entertaining! 16,900 cul-de-sac lot. This home is a dream come true! Don't miss outi Living Room, Formal Dining Room, Family Room, Office, Primary Master Suite with/classic French doors that open to a private sitting room.

View Property

14258 N 154th Lane Surprise, AZ 85379

$495,000

4 Beds

2.5 Baths

2,035 SqFt

Status Active

MLS # 6672000

Property Type Single Family Residence

Price Type --

Experience your own backyard retreat, complete with lush green grassy play area, a fenced pebble tec pool, and an extended covered patio perfect for family get-togethers and relaxation. Your extended paved RV parking area stands ready to accommodate your camper and outdoor toys. Step into the remodeled kitchen showcasing a custom-built granite top table complementing the counter tops, alongside a tastefully tiled backsplash, a stylish farmhouse sink, and modern stainless-steel appliances. Upstairs, discover four generously sized bedrooms each boasting walk-in closets, while a versatile office-den showcases a contemporary barn door which adds to the home's charm. Enjoy the durability and beauty of Cali Bamboo waterproof laminated flooring throughout the main living areas and wet spaces, including the stairwell. Additional features include ceiling fans, newer window blinds downstairs, and 4 convenient storage sheds. This meticulously cared for home reflects a true sense of pride in ownership.

View Property

2149 S Olivewood -- Mesa, AZ 85209

$495,000

2 Beds

2 Baths

2,239 SqFt

Status Active

MLS # 6674996

Property Type Single Family Residence

Price Type --

This charming 2-bed, 2-bath plus den property in the active adult community of Sunland Springs is now for sale. Featuring vaulted ceilings, an updated kitchen including granite countertops and stainless steel appliances and an oversize Arizona room, this fantastic 55+ property is located just minutes from Superstition West shopping & dining, Sunland Springs Golf Club and is a short 30 minute drive to Sky Harbor Airport. Spend your days enjoying the active lifestyle of Sunland Springs playing golf, tennis, billiards, cards, or simply enjoying your day poolside with friends.

View Property

4697 N 204th Lane Buckeye, AZ 85396

$495,000

2 Beds

2 Baths

1,657 SqFt

Status Active

MLS # 6674327

Property Type Single Family Residence

Price Type --

MOVE RIGHT IN to this Kennedy on the corner! Situated in a quiet little niche of Victory, this Lennar floorplan is super popular - two bedrooms PLUS den, two baths, open kitchen/dining/great room. These original owners have maintained perfectly and upgraded - from custom metal screen security door to new lighting, ceiling fans, professionally painted throughout, epoxy garage floor, permanent heavy duty shelving & overhead storage in garage, professional landscape install extensive pavers in back & side yards. Ready to enjoy Victory living in a charming Victory neighborhood! FHA loan at 3.625 is Assumable!

View Property

29417 N 123rd Glen Peoria, AZ 85383

$495,000

4 Beds

2.5 Baths

2,622 SqFt

Status Active

MLS # 6682362

Property Type Single Family Residence

Price Type --

Fantastic opportunity for this beautiful original-owner home in Vistancia Village that offers 4 bedrooms + den and loft in a spacious 2622 SqFt. The kitchen features 42'' white shaker-style cabinetry with hardware, granite countertops, subway tile backsplash, contemporary stainless/white Samsung appliances including a gas range and the matching refrigerator is included! Sliding doors lead out to the side patio with new pergola covering, pavers, and easy-care artificial turf, perfect for outdoor entertaining. Bedrooms and laundry are upstairs. The oversized primary bedroom has a step-out balcony and en-suite bath with extended dual sink granite vanity, framed mirrors, and large tiled shower with rain showerhead and glass surround. Upstairs bath also has granite counters and dual sinks,* and all bedrooms have walk-in closets. Other features include a den/office on the main level, under-stair storage, stone exterior elevation, and a 3 car garage. Community amenities include a private pool for the Village residents, and the Mountain Vista Club includes lap and resort pools, splash pad, tennis/pickleball courts, fitness studio, indoor basketball court, game room, and Vistancia's 3.5 mile Discovery Trail. See today!

View Property

36990 N Aleutian Drive San Tan Valley, AZ 85143

$495,000

3 Beds

2 Baths

2,183 SqFt

Status Active

MLS # 6679966

Property Type Single Family Residence

Price Type --

An amAZing home for sale sitting on the border of San Tan Valley & Queen Creek only minutes from all new dining & shopping. This gated community has miles of walking trails throughout plentiful, lush open spaces along with 3 parks! This plan features 3 bedrooms (+office area off main bedroom),2 bath split floor plan. TWO outdoor living spaces: a courtyard & covered patio for your entertainment needs. The kitchen offers plenty of usable counters, & comes w/modern white shaker cabinets, quartz countertops & stainless steel appliances. & tile t/out all common areas! Smart home technology is included along w/14 seer 3 zone HVAC & energy saving features. Soft water loop! blinds! ceiling fans! & nicely landscaped backyard. Just had 1 yr inspection w/builder! Enjoy the AMAZING SUNSETS!

View Property

380 E Hillside Drive Munds Park, AZ 86017

$495,000

3 Beds

2 Baths

1,470 SqFt

Status Active

MLS # 6683791

Property Type Single Family Residence

Price Type --

Beautiful and immaculate fully-furnished home in Munds Park. All you need are your personal items. Home has been very tastefully decorated by owners with forest/western motif, wowing every single person walking in. Very spacious corner lot feels much larger than it is with front grass for kids and pets (even a zip line!). Two large storage sheds have been built and installed in the property as well. Home has views to all directions from the front deck and inside kitchen, dining and living areas. Home has three bedrooms, two bathrooms, kitchen, living and dining areas, and also two additional living spaces: one currently used as a kids play area, and the other one for adults with a ping pong table and a bar. Vaulted ceilings in all living spaces.

View Property

2423 E Dahlia Drive Phoenix, AZ 85032

New

$495,000

3 Beds

2 Baths

1,440 SqFt

Status Active

MLS # 6693564

Property Type Single Family Residence

Price Type --

PERFECT LOCATION! MOVE IN READY! This inviting 3-bed, 2-bath home offers comfort and style. Close to schools, shopping, dining, and hiking trails with easy access to the 51 Fwy. The open layout seamlessly merges living and dining areas. A neutral palette, wood-look flooring, and tons of natural light enhance the space. The spotless kitchen features SS appliances, quartz counters, pendant lighting, white cabinetry, and a natural butcher block island. The large main bedroom boasts two closets & a private bathroom. An extra-large laundry room with a utility sink adds convenience. Outside, enjoy a covered patio and storage shed. PLUS, ENJOY A NEWER SOLAR SYSTEM WITH NO COST TO THE BUYER! A WIN-WIN for any buyer!

View Property

4320 Buffalo Ridge Wickenburg, AZ 85390

Open House

$495,000

2 Beds

2 Baths

1,580 SqFt

Status Active

MLS # 6684581

Property Type Single Family Residence

Price Type --

This charming home in Wickenburg Ranch boasts a spacious and inviting layout perfect for comfortable living. This 2 bed, 2bath residence features a welcoming ambiance with a seamless blend of functionality and style. Upon entering, you're greeted by wood-look tile flooring that exudes warmth and durability throughout the home. The open floor plan is ideal for both relaxation and entertaining. The kitchen is a focal point, adorned with granite countertops, a large island, and ample cabinetry providing both elegance and practicality. Whether you're preparing meals or hosting gatherings, this kitchen is sure to inspire culinary creativity. In addition this, thoughtfully designed home includes an office/den with french doors for privacy. Outside, the low-maintenance desert landscaping adds to the home's curb appeal while minimizing upkeep. Completing the property is a three-car garage, providing convenient parking and extra storage. Offering comfort and style in equal measure, this Wickenburg Ranch residence is the epitome of desert living at its finest.

View Property

3516 S Seneca Way Gilbert, AZ 85297

Open House

$495,000

3 Beds

2.5 Baths

1,931 SqFt

Status Active

MLS # 6690472

Property Type Single Family Residence

Price Type --

WOW !! This Stunning home is Nestled in the serene neighborhood of Power Ranch. Pristine and immaculate, YOUR NEW 3 Br ,2.5 bath ,1car garage home offers a spacious open concept layout designed for modern living. Sunshine filled gives brightness shining in daily . The Master suite is a sight to behold. DBL sinks, walk in closet and a make up area. The heart of the home is a gourmet kitchen adorned with sleek appliances and ample counter space. Step outside through an oversized almost full wall of sliding glass doors to an upgraded backyard with artificial turf & pavers t/o. Enjoy a great relaxation setting for endless summer days and starlit evenings. On cold chilly nights your living room turns into a romantic colorful flame changing room with a built in modern flame fireplace. Need more privacy the living area is equipped with electric roller shades .YES what else does one need. This house has everything anyone could want. All higher end bronze fixtures through this home adds a touch of class and character. The Community is filled with fun amenities LOCATED IN THE LAKE SUBDIVISION . A pool , spa, BBQ area ,gazebo, walking path , playground ,tennis, basket ball courts and so much more. Don't take my word for it come feel the fun, serenity and beauty for your self.

View Property

517 E Manhatton Drive Tempe, AZ 85282

Open House

$495,000

3 Beds

2 Baths

1,446 SqFt

Status Active

MLS # 6646349

Property Type Single Family Residence

Price Type --

Step into modern comfort and style with this updated home that seamlessly combines sophistication and functionality. The open kitchen concept invites you to explore your culinary creativity while enjoying the glow of abundant natural light that fills the space. This solid block built single-story residence has three bedrooms and two bathrooms, offering convenience and a touch of luxury. The well-thought-out design extends beyond the kitchen, with separate living areas providing versatility for various activities and lifestyles. Situated in a prime location, the property not only offers a great place to call home but also the convenience of being in close proximity to parks, schools, shopping and the freeway. Additionally, the home is on a larger lot, providing outdoor space

View Property