By Na Zao | NAHB
According to the latest data from the 2016 American Community Survey (ACS), the median age of owner-occupied homes remained at 37 years. The age of the housing stock is an important remodeling market indicator. Older houses are less energy-efficient than new construction and ultimately will require remodeling and renovation in the future.
The age of owner-occupied housing stock varies noticeably across the 50 states. New York has the oldest owner-occupied homes with a median age of 57 years, followed by Massachusetts (54), and Rhode Island (53). Half of all owner-occupied houses in the District of Columbia were built more than 75 years. However, D.C. is generally not a representative market, as it is entirely urban. Newer owner-occupied housing stock is mostly concentrated in the Sun Belt states where 13 out of 15 states have median owner-occupied housing stock age below the national median (37 years). The median age of owner-occupied homes in Nevada is only 21 years, followed by Georgia and Arizona where half of all owner-occupied homes were built in the last 25 years ago.
