
The Homes Americans are Buying are Older Than Ever
The typical home bought in the U.S. hit a record age of 36 years in 2024—up from 27 years in 2012. Buyers pay less for
Sheharyar’s research focuses on better understanding the housing market for audiences inside and outside of Redfin. Prior to joining Redfin, he created commercial real estate sale and rental price indices at the MIT Center for Real Estate. He has also done research on consumer decisions and behavioral biases in real estate pricing. Sheharyar holds a PhD from MIT in Urban and Real Estate Studies.

The typical home bought in the U.S. hit a record age of 36 years in 2024—up from 27 years in 2012. Buyers pay less for

Developers obtained permits to build 12.4 multifamily housing units for every 10,000 people in the U.S. over the past year—down 27.1% from the pandemic building

Just 47% of newly-built apartments completed in Q3 were rented within three months as a record number of new apartments hit the market. But construction

Investor activity is declining nationwide due to slow homebuying demand, a lackluster rental market, economic uncertainty and elevated interest rates. Investor market share is falling,

The median rent in the District of Columbia rose 2.7% year over year in February, following three months of declines. Rents have been falling most

Condo prices are up 5% year over year in inland Florida, but down a respective 5% and 3% on Florida’s Gulf Coast and Atlantic Coast.

The typical home bought in the U.S. hit a record age of 36 years in 2024—up from 27 years in 2012. Buyers pay less for

Developers obtained permits to build 12.4 multifamily housing units for every 10,000 people in the U.S. over the past year—down 27.1% from the pandemic building

Just 47% of newly-built apartments completed in Q3 were rented within three months as a record number of new apartments hit the market. But construction

Investor activity is declining nationwide due to slow homebuying demand, a lackluster rental market, economic uncertainty and elevated interest rates. Investor market share is falling,

The median rent in the District of Columbia rose 2.7% year over year in February, following three months of declines. Rents have been falling most

Condo prices are up 5% year over year in inland Florida, but down a respective 5% and 3% on Florida’s Gulf Coast and Atlantic Coast.