Market trends background

United States Housing Market

Home prices nationwide were up 4.1% year-over-year in January. At the same time, the number of homes sold rose 2.5% and the number of homes for sale rose 11.7%.

U.S. Housing Market Overview

What is the housing market like right now?

In January 2025, U.S. home prices were up 4.1% compared to last year, selling for a median price of...

Median Sale Price

$418,489
+4.1% year-over-year

# of Homes Sold

297,838
+2.5% year-over-year

National Avg. 30-Year Fixed Mortgage Rate

7.0%
+0.3 pt pt year-over-year

Based on locations

Based on locationsDatePriceGrowth
Data 2014$418,489+4.1%

Top 10 Metros in the U.S. with the Fastest Growing Sales Price

Baton Rouge, LA28.7%
Dallas, TX24.8%
Boston, MA28.7%
Baton Rouge, LA28.7%
Dallas, TX24.8%
Boston, MA28.7%
Baton Rouge, LA28.7%
Dallas, TX24.8%
Boston, MA28.7%
Baton Rouge, LA28.7%

U.S. Housing Supply

Are there enough homes for sale to meet buyer demand?

In January 2025, there were 1,552,358 homes for sale in the United States, up 11.7% year...

# of Homes for Sale

1,552,358
+11.7% year-over-year

# of Newly Listed Homes

297,838
+2.5% year-over-year

Median Days on Market

56
+7% year-over-year

Months of Supply

4
+20% year-over-year

Based on locations

Based on locationsDatePriceGrowth
Data 2014$418,489+4.1%

U.S. Migration Trends

Where are people moving to and from?

Nationwide, 27% of homebuyers searched to move to a different metro area between Nov '24 - Jan '25. The top 5 states homebuyers searched to move to were Florida, North Carolina, Arizona, Tennessee, and South Carolina while California, New York, Washington, Illinois, and Maryland were the top 5 states homebuyers searched to move from. Among metros, Sacramento was the most searched for destination among homebuyers looking to relocate between Nov '24 - Jan '25. Next came Phoenix, Cape Coral, Las Vegas, and Sarasota. Los Angeles was the most searched for destination among homebuyers looking to leave, followed by New York, San Francisco, Seattle and Washington.

Map showing US migration trends
Moving to
Moving from

Top 10 areas people are moving to

1. Sacramento, CA7,700
2. Phoenix, AZ8,788
3. Cape Coral, FL4,455
4. Las Vegas, NV9,465
5. Myrtle Beach, SC9,654
6. Sacramento, CA7,700
7. Phoenix, AZ8,788
8. Cape Coral, FL4,455
9. Las Vegas, NV9,465
10. Myrtle Beach, SC9,654

Top 10 areas people are moving from

1. Sacramento, CA7,700
2. Phoenix, AZ8,788
3. Sacramento, CA7,700
4. Phoenix, AZ8,788
5. Sacramento, CA7,700
6. Phoenix, AZ8,788
7. Sacramento, CA7,700
8. Phoenix, AZ8,788
9. Sacramento, CA7,700
10. Phoenix, AZ8,788

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Koseapp.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Koseapp.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

Housing Market News

05 Aug, 2024

Thousands More People Are Moving In Than Out of Fire- and Flood-Prone America, Fueled by Migration to Texas and Florida

05 Aug, 2024

Thousands More People Are Moving In Than Out of Fire- and Flood-Prone America, Fueled by Migration to Texas and Florida

05 Aug, 2024

Thousands More People Are Moving In Than Out of Fire- and Flood-Prone America, Fueled by Migration to Texas and Florida

05 Aug, 2024

Thousands More People Are Moving In Than Out of Fire- and Flood-Prone America, Fueled by Migration to Texas and Florida