7 years is the usual estimate in a “neutral/slow” market because it usually costs 10% to sell (realtor fees, etc).
Of course if appreciation is going up more than 10% you can profit much faster, or you have flipping techniques to avoid frictional costs (like being your own realtor).
Of course if appreciation is going up more than 10% you can profit much faster, or you have flipping techniques to avoid frictional costs (like being your own realtor).