A new PropertyShark study on how long New Yorkers owned their homes before selling in 2025 reveals an average tenure of 10.9 years citywide, with the Bronx leading at 12.9 years, while Staten Island had the shortest at 6.5 years.
Morris Park was the Bronx’s only entry among the city’s top 10 neighborhoods with the longest average tenure at 16.5 years. Overall, 10 Bronx neighborhoods stood above the borough’s average homeownership tenure.
Here are the key highlights:
- Bronxdale and Spuyten Duyvil posted the borough’s shortest tenures at 9.1 and 8.9 years on average, respectively.
- Single family homes saw the longest tenure in the Bronx (14.8 years), while co-ops posted the shortest (8.7 years).
- Queens’ Neponsit had NYC’s longest tenure at 20.5 years, while Manhattan’s Two Bridges stood out with the shortest at just 4.1 years.
- Queens featured the second-longest average tenure at 12.7 years, while Staten Island residents held on to their homes for an average of 6.5 years.
- Mid-priced NYC homes recorded the longest holding periods at 11.4 years, while luxury properties over $3M averaged 9.9 years.
- Explore the full PropertyShark study to see how homeowner tenure varies across NYC’s boroughs, neighborhoods, property types, home prices and square footage.
Featured image credit: DepositPhotos.com
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