These NYC neighborhoods see owners keep put the longest | Real Estate Market Insights

New Yorkers could also be well-known for sticking it out — however not all boroughs maintain residents equally long. 

A new analysis from PropertyShark reveals owners stored their properties for an average of about 11 years before promoting in 2025. However, the image adjustments sharply when you zoom in on the place they live.

Staten Island stands out as the metropolis’s quickest-turnover market, with homeowners promoting after just 6.5 years on average — barely half the span seen in The Bronx and Queens, which led the metropolis with possession stretches nearing 13 years. 

“The Staten Island neighborhoods mentioned are mostly single-family homes and smaller multifamily homes. Usually, first-time home buyers are attracted to these due to relative affordability, and easy access to Manhattan,” Adjina Dekidjiev, a longtime New York City broker at Coldwell Banker Warburg, told The Post.

New Yorkers are holding onto their houses for an average of almost 11 years — besides on Staten Island, the place possession churns the quickest citywide. SeanPavonePhoto – stock.adobe.com

“Buyers see these homes as transitional; they outgrow them quickly as families expand and tend to move to larger homes, often in New Jersey or on Long Island,” Dekidjiev said.

Jeff Lichtenstein, CEO & Broker at Echo Fine Properties, based in Palm Beach, Florida, added that Staten Island’s more conservative nature also has people dwelling in the borough to think about elsewhere.

“We are seeing lots more movement from New York but a giant more of it from Staten Island,” he said.

A new PropertyShark report discovered the borough’s average tenure is just 6.5 years, far below the 10.9-year citywide norm and trailing longtime proprietor strongholds like The Bronx (12.9 years) and Queens (12.7). Leon718 – stock.adobe.com

“I had one man who moved right here yesterday I talked to. I [asked] why is he shifting right here? Usually I get the climate however he said, ‘one reason only, politics!’” Lichtenstein said. “Staten Island is much more red and we get many people saying they want to be in the ‘free state of Florida.’ Much less so then from Manhattan.”

According to the examine, 9 of the 10 fastest-moving neighborhoods fall within Staten Island, led by Grasmere and Elm Park, the place houses sometimes modified palms in less than 5 years.

The Grasmere neighborhood sees typical turnover at 4.6 years, adopted intently by Elm Park (4.7), Arlington, New Brighton and St. George, all clustered towards the backside of the checklist. 

The examine reveals Staten Island dominates the checklist of shortest-stay neighborhoods — 9 of the backside 10 — with Grasmere (4.6 years) and Elm Park (4.7) altering palms at a clip. Yuriy T – stock.adobe.com

“It’s a house-driven market, not a co-op market, and anytime people are buying detached homes instead of long-term co-ops, they move more,” Nathan Richardson, founder of CashForHome.com told The Post.

“I’ve noticed a huge chunk of Staten Island buyers are ‘non-lifers,’ being Brooklyn or Queens families who need more space and are testing the commute, then trading up or moving out again within a few years, and that alone keeps sales cycling,” Richardson added.

“On top of that, Staten Island is in one of those rare in-between stages where prices are rising, neighborhoods are improving and investors are circling. That mix always creates churn; flippers, small landlords, and first-time buyers who sell once they’ve built some equity,” Richardson said.

“When PropertyShark tracks tenure, every investor flip or LLC transfer counts as a short ownership period, so the borough looks even more transient on paper than it actually feels on the ground.”

Staten Island is a market of its own. contentzilla – stock.adobe.com

At the reverse excessive, Queens’ Neponsit neighborhood posted the longest tenure in the total metropolis with Brooklyn’s Marine Park close behind. 

In Neponsit, owners maintain properties for an average of 20.5 years, the longest tenure recorded anyplace in the metropolis. It’s a beachside enclave the place turnover is uncommon and multigenerational possession is frequent. 

Not far behind is Marine Park in Brooklyn, the place residents keep almost 19 years on average. Other long-holding neighborhoods embrace Fresh Meadows and Hollis Hills in Queens, and Dyker Heights in Brooklyn — areas recognized for his or her single-family stock, steady schools and strong community ties.

Manhattan Valley and Kips Bay rank as Manhattan’s longest-held communities. jonbilous – stock.adobe.com

Within Manhattan, Manhattan Valley and Kips Bay proved the most rooted, each topping 13 years of possession.

Manhattan, which averages about 10.5 years of possession total, reveals sharper micro-market variations. 

Manhattan Valley and Kips Bay rank among the borough’s most rooted pockets, each exceeding 13 years of tenure. 

Midtown, the Lower East Side, and Fidi also show comparatively shorter cycles, reflecting condo-heavy housing stock that tends to rotate consumers more regularly.

An aerial of Two Bridges in Manhattan. jerzy – stock.adobe.com

The report factors to a combine of elements behind the divide, including property sort and pricing.

Single-family homes had been held the longest citywide, approaching 13 years on average, while condos turned over more regularly. 

Homes priced between $500,000 and $1 million noticed the slowest motion, whereas luxurious properties above $3 million had been offered in under 10 years.

Even neighborhood-level nuances emerged. Two Bridges in Manhattan, formed by redevelopment and rising demand, registered the shortest tenure citywide at round 4 years — a signal of fast transition in pockets of decrease Manhattan.

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