How long does the average American stay in the same house?

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asked Jan 8, 2019 in Polls/Surveys by Bellamorre (250 points)
How long does the average American stay in the same house?

1 Answer

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answered Jan 8, 2019 by HyruleT (330 points)
I have 25 more years to pay on my home mortgage loan so I will certainly be staying in this house another 25 years before I may sell and eventually retire to a rural property once I no longer need to work on a job.

Some people move out of there house and into another house after 6 to 8 years and some people stay in the house a bit longer as in 15 to 20 years before moving and some people stay in the same house the rest of their lives.

If it were possible I would already move to a rural wooded place where I could build a nice house in the woods but I need to be close to my job and keep this mortgage until I at least build up enough equity in the house to sell it.

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