Redfin Survey: More Than One-Third of Homeowners Say They’ll Never Sell
Many homeowners are staying put because today’s housing costs are so high
Roughly one-quarter (
Broken down by generation, older homeowners are more likely than their younger counterparts to say they’ll never sell. More than two of every five (
The fact that the lion’s share of homeowners say they’ll never sell is one reason new listings are below pre-pandemic levels in much of the country, though listings have started ticking up in recent months. A recent Redfin analysis found that just 25 of every 1,000
Homeowners are staying put because their home is paid off, or they just don’t want to move
Nearly two in five (
Affordability is another major reason homeowners are hesitant to sell. Nearly one-third (
Housing costs have risen significantly since before the pandemic; home prices are up roughly
“The just-because movers—those who just want a bigger or nicer house—are staying put, mostly because it’s so expensive to buy a new house,” said Marije Kruythoff, a Redfin Premier agent in
This is according to a Redfin-commissioned survey conducted by Ipsos in September 2024. The survey was fielded to 1,802
To view the full report, including charts and additional methodology, please visit:
https://www.redfin.com/news/survey-homeowners-reasons-to-not-sell
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Source: Redfin