New Study from Realtor.com® Finds Movers Spend More than $17,000 on Average Setting Up Their Homes and Establishing New Routines
Rhea-AI Summary
A new Realtor.com® survey reveals that movers spend an average of $17,000 setting up their new homes, with Realtor.com® users spending nearly $20,000. The study highlights that 36% of movers feel excited on moving day, challenging traditional views of moving as purely stressful.
Key findings show that cleaning is important in making a house feel like home, with over 60% preferring DIY cleaning. 61% of movers tried new cleaning products, and 51% opted for organic options. Connectivity is also vital, with 60% installing internet before moving day, and 35% adopting 5G in their new homes.
The survey also revealed that movers are open to brand experimentation, with one-third purchasing vehicles within 12 months of moving. Notable life events among movers included promotions (39%), new jobs (21%), and having children (16%). Most moves (68%) occur within 50 miles of previous residences, with single-family homes being the most common purchase (55%).
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"Traditionally moving is seen as a disruptive life event, but our research found that moving is a mix of joy, excitement and relief after the stress of the buying process, and it presents an opportunity where people are often more open to new products and services," said Laura Eddy, vice president of Research and Insights at Realtor.com®. "It's a moment of possibility—one where people are open to trying new things and spending both time and money to settle into their new homes."
For Recent Movers, Cleaning is a Key Step to Making their New House a Home
For movers, cleaning is more than a chore—it's an act of emotional connection, fostering pride and accomplishment in making a new house feel like home. Many movers prefer to deep clean their homes themselves. Over
Movers explored brands within the cleaning space. Nearly two out of three,
This survey also found Realtor.com® users are more likely than the average mover to deep clean their bathroom (
Connectivity is a Key Priority During the Moving Process
Connectivity is a priority for today's movers with families ensuring their new homes are ready for seamless work-from-home setups, remote learning, and streaming entertainment. Over
Additionally this survey showed that the use of 5G internet is on the rise with
Moving is an Opportunity for Brand Experimentation
Movers are uniquely open to trying new brands and often make big purchase decisions in the year before a move. Nearly one in three surveyed movers purchased or leased a vehicle in the past 12 months, with
Movers are also taking the opportunity to switch and add new coverage to their homeowner's insurance policies. A third (
Additional insights from the survey include:
- The three most common life events for movers within the past 12 months were promotions and/or pay increases (
39% ), new jobs (21% ), and having a child (16% ) - Existing single-family homes are the most bought type of home (
55% ) - Most movers (
68% ) relocate 50 miles or less from their previous residence - One in four movers did an online search to find their movers during their move
- Neighborhood safety and crime rates are the top influencers on the home purchase
- Nearly equal proportions of movers prioritize the neighborhood versus the house itself
- Most repeat buyers buy a larger, more expensive home than their previous one
- Four in ten movers use a storage unit during their moving process, with most being for less than three-month duration
To learn more about this report and the modern movers' mindset, check out the report here.
Methodology
Quantitative brand blind online survey among P12M home buyers who had completed their move (n=2006). Research conducted in October 2024 by the Realtor.com® Research & Insights Team in partnership with GfK/NielsenIQ. Note: Realtor.com® Users refers to Movers who used a real estate website/app during their home search process and reported using Realtor.com®.
About Realtor.com®
Realtor.com® pioneered online real estate and has been at the forefront for over 25 years, connecting buyers, sellers, and renters with trusted insights, professional guidance and powerful tools to help them find their perfect home. Recognized as the No. 1 site trusted by real estate professionals, Realtor.com® is a valued partner, delivering consumer connections and a robust suite of marketing tools to support business growth. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc.
Media contact: Mallory Micetich, press@realtor.com
View original content:https://www.prnewswire.com/news-releases/new-study-from-realtorcom-finds-movers-spend-more-than-17-000-on-average-setting-up-their-homes-and-establishing-new-routines-302422426.html
SOURCE Realtor.com