20% of Young Homeowners Say They Never Plan to Sell Their Home

Charlotte, NC, June 24, 2025-A surprisingly high number of young homeowners say they plan to never move out of their current home, reports Truist. 

“A new survey from Redfin found a high number of homeowners from each major generation said they were planning to never sell their homes. The oldest demographic, the Silent Generation, were the most likely to say that they would never sell their home. However, surprisingly, over one in five Millennial/Gen Z homeowners said they planned to never sell their homes. In terms of reasons given by Millennials for never wanting to move, investors should note that ‘I don't want to give up my low mortgage rate’ was a popular answer at 18%, but was far from the top answer. Top answers were ‘home prices now are too high’ and ‘I just like my home/location and have no reason to move’, with both tied at 32%. Nonetheless, this large groups of homeowners aiming to never move out of their current homes is a headwind for future home turnover.”