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% 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 year-over-year

Based on location:

DatePriceGrowth
2014$405,489+4.1%

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

Baton Rouge, LA28.7%
Boston, MA25.7%
Dallas, TX24.8%

U.S. Housing Supply

Are there enough homes for sale to meet buyer demand?

In January 2025, there were 1,052,858 homes for sale in the United States, up 11.7% year...

# of Homes for Sale

418,489
4.1% 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

3
20% year-over-year

Based on location:

DatePriceGrowth
2014$418,489+4.1%

U.S. Migration Trends

Where are people moving to and from?

Based on our migration data from Nov. 24 – Jan. 23, top inbound metros include Sacramento, Phoenix, Cape Coral, Las Vegas, and Myrtle Beach. Top states people are moving *from* include California, New York, Washington, Illinois, and Maryland.

Map showing US migration trends

Top 10 areas people are moving to

Sacramento, CA7,500
Phoenix, AZ6,758
Cape Coral, FL6,400
Las Vegas, NV6,200
Myrtle Beach, SC5,900
Tampa, FL5,700
Dallas, TX5,500
Atlanta, GA4,800
Orlando, FL4,600
Charlotte, NC4,400

Top 10 areas people are moving from

San Francisco, CA7,500
New York, NY6,758
Chicago, IL6,400
Los Angeles, CA6,200
Seattle, WA5,900
Minneapolis, MN5,700
Washington, DC5,500
Boston, MA4,800
Philadelphia, PA4,600
Portland, OR4,400

Housing Market News

Thousands More People Are Moving to These Out-of-State Areas Fueled by Migration to Texas and Florida

Jan 244 min read

Why Southern States Are Attracting New Homeowners in Record Numbers

Jan 235 min read

Metro-to-Metro Migration Surges Across the US: A Breakdown

Jan 223 min read

Top Real Estate Migration Trends for 2024: What's Driving the Move?

Jan 216 min read