The average property duration in the United States in 2026 is expected to be around 27 years. This figure reflects a steady increase in the longevity of homes, which can be attributed to several factors, including improved construction quality, increased home equity, and a growing preference for long-term homeownership.

The extended property duration is primarily due to the advancements in building materials and techniques. Modern homes are constructed with higher-quality materials and more energy-efficient designs, which contribute to their longevity. According to the National Association of Home Builders (NAHB), the average life expectancy of a residential structure has increased by 20% over the past few decades. Additionally, the rise in home equity has made it more financially viable for homeowners to invest in home improvements and maintenance, further extending the lifespan of their properties.

Data from the U.S. Census Bureau indicates that the median age of homes in the U.S. has been steadily rising since the early 2000s. In 2020, the median age of a U.S. home was 37 years, up from 27 years in 1990. This trend is expected to continue, with the median age of homes reaching approximately 40 years by 2026. Furthermore, the preference for long-term homeownership has grown, as evidenced by the declining rate of homeownership turnover. The American Housing Survey found that the median tenure of homeowners has increased from 13 years in 1995 to 15 years in 2019, suggesting a stronger commitment to maintaining and improving existing homes.

In conclusion, the property duration in the United States in 2026 is projected to be around 27 years, driven by improvements in construction quality, increased home equity, and a growing trend towards long-term homeownership.