flexiblefullpage - default
Currently Reading

The U.S. Metros Where Homeowners Are Staying the Longest—and Those They’re Leaving the Fastest

billboard - default
Housing Markets

The U.S. Metros Where Homeowners Are Staying the Longest—and Those They’re Leaving the Fastest

Here are the cities where homeowners are holding on to their homes the longest—and the places they’re passing up more quickly

September 14, 2022
Aerial view of Colorado Springs at sunset
Image: Stock.adobe.com

Over the past several years, some homeowners have taken advantage of remote work flexibilities and relocated to more desirable communities, while others have been locked in by higher mortgage rates and larger fees in an inflated market. In metros like McAllen, TX and New York, NY, homeowners stick around for close to a decade, on average, but the reasons why couldn’t be more different, according to Realtor.com. 

While New York is home to a diverse melting pot of residents competing for homes with a $699,000 median list price, McAllen is situated on the U.S.-Mexico border with a median home list price of just $277,000. On the contrary, Colorado Springs, CO is home to a large military population with a number of bases in the surrounding area, meaning that its residents stick around for roughly 5 years on average.

There’s an Army and Air Force base, plus a Space Force base and the North American Aerospace Defense Command (NORAD), embedded inside Cheyenne Mountain just to the southwest of Colorado Springs.

While more senior military members can enjoy longer assignments to a single location, often younger military members are moved to where they’re needed, meaning a sometimes short stay in any given place.

Read more

Related Stories

Housing Markets

A Housing Reset Can’t Slow These Popular Seller’s Markets

The housing market may be slowing, but sellers are still in the driver's seat in these affordable homebuying destinations

Housing Markets

In an Inflated Housing Market, Midwest and East Coast Metros Hold up the Best

While the rest of the country faces the aftershock of soaring interest rates and persistent inflation, regional markets in the East and Midwest are balancing affordable home prices with strong buyer demand

Market Data + Trends

Home Prices Dropped at a Record Pace in July—Here’s Where They Fell the Fastest

U.S. home prices fell at the fastest rate in the history of S&P Case-Shiller Index in July, but not all markets are decelerating at an equal pace

boombox1 -
native1 - default
halfpage2 -

More in Category

native2 - default
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.