Market Trends & Analysis

Stay informed with the latest real estate market data and insights

National Market Overview

$435K
Median Home Value
+6.2% YoY
32
Days on Market
-5 days vs last year
7.2%
Mortgage Rates
+0.3% from last month
1.2M
Homes for Sale
-8.5% inventory

National Home Value Trends (Last 12 Months)

Top Performing Markets

Hottest Markets

Austin, TX

Median: $485,000

+12.5%

YoY Growth

Phoenix, AZ

Median: $425,000

+11.8%

YoY Growth

Tampa, FL

Median: $395,000

+10.9%

YoY Growth

Denver, CO

Median: $565,000

+9.7%

YoY Growth

Nashville, TN

Median: $415,000

+9.2%

YoY Growth

Best Buyer's Markets

Detroit, MI

Median: $185,000

68 days

Avg DOM

Cleveland, OH

Median: $165,000

72 days

Avg DOM

St. Louis, MO

Median: $195,000

65 days

Avg DOM

Buffalo, NY

Median: $175,000

58 days

Avg DOM

Pittsburgh, PA

Median: $155,000

62 days

Avg DOM

Key Market Indicators

Housing Inventory Levels

30-Year Mortgage Rates

Market Analysis & Insights

Price Growth

Home values continue to rise nationally, though the pace of growth is moderating compared to 2021-2022 levels.

Key Insight: Expect 4-6% annual appreciation in most markets.

Housing Supply

Inventory remains below historical norms in most markets, creating competition among buyers and supporting prices.

Key Insight: New construction is slowly improving supply conditions.

Interest Rates

Mortgage rates have stabilized but remain elevated compared to recent years, affecting affordability for many buyers.

Key Insight: Rate changes significantly impact buyer purchasing power.

Market Forecast

Next 6 Months

  • • Continued price growth at slower pace
  • • Seasonal inventory increase in spring
  • • Rate volatility based on Fed policy
  • • Regional variation in market strength

Next 12 Months

  • • 3-5% national home price appreciation
  • • Gradual improvement in affordability
  • • Increased new construction activity
  • • Market normalization in activity levels

Market Outlook Disclaimer

Market forecasts are estimates based on current data and trends. Actual market performance may vary due to economic, political, or other unforeseen factors. Past performance does not guarantee future results.

Regional Market Reports

West Coast

Markets showing moderation after rapid growth

Southeast

Strong population growth driving demand

Northeast

Urban markets showing resilience

Midwest

Affordable markets gaining attention

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