Why Bucks County Homeowners are Staying Put Longer Than Most

By

Aerial Image of Levittown
Image via iStock.
Levittown, the iconic symbol of affordable post-war housing, is experiencing a seismic shift in its real estate market.

In Bucks County, people are opting to stay in their homes for extended periods, more so than in many other parts of the country, writes Greg Vellner for The Reporter.  

A recent study by the online real estate service Redfin reveals that, within the most densely populated U.S. metropolitan regions, the Philadelphia area, including Bucks County, ranks among the top seven for homeowner tenure. 

As of 2023, the average duration homeowners spend in their residences in this region extends to 16 years and five weeks.  

Homes in Levittown has traditionally seen as an affordable choice for first-time homeowners, have surged in value. 

 Properties in this area are now fetching between $400,000 and $500,000.  

Remarkably, a Levittown home was listed at $699,900 last year, a record price since the area’s development in 1952. 

This trend is largely attributed to older Americans choosing to stay put rather than downsize or move to assisted living, coupled with challenging market conditions that discourage moving.  

Read more about Bucks County housing trends in The Reporter.  


Connect With Your Community

Subscribe for stories that matter!

"*" indicates required fields

Hidden
BT Yes
This field is for validation purposes and should be left unchanged.
Advertisement