The median age of houses can be an important remodeling indicator. Nationally the median age of owner occupied homes was 39 years old, according to the figures compiled by the National Association of Home Builders. Several states have much older stock while newer housing is mostly concentrated in the Sun Belt.
The geographic distribution of the age of the owner-occupied housing stock reflects population changes. Population changes, including both natural growth and net migration, signal a rising demand for housing. The rapid population growth states of Utah and Texas, which grew at annualized rates of 1.6% and 1.5% from 2010 to 2019, respectively, have newer owner-occupied housing stocks with the corresponding median ages of 28 and 30.
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