How can I get ready as more homes go up for sale?
Finding the right home to purchase is often the biggest challenge for potential homebuyers. With fewer homes for sale in recent years, competition and prices have increased, making that perfect house you always dreamed about even more elusive.
The good news: As we begin 2025, homes are for sale in many more regions of the country than there were a year ago, and prices are starting to come down a bit as well. The National Association of Realtors® tracks listings in hundreds of markets, and it has identified 10 of the top markets to watch in 2025.
Much of the movement in homes for sale has been in the South and West, the association notes, and it considered criteria that include increases in homes for sale, general population age and overall market costs in making its selections.
How do more homes for sale help me?
More homes going up for sale mean more to choose from, and more choices could mean prices coming down. We want to give you every possible advantage to land your dream home, even in a competitive market.
The National Association of Realtors® also took into account how rapidly home sales in certain regions have returned to pre-pandemic levels.
“In simpler words, the markets we’re forecasting to lead the country in home sales in 2025 are markets that have better recovered to their pre-COVID-19 levels of home sales, and we expect them to hold that momentum in the year ahead,” the association said in its 2025 forecast.
Where are the top 10 homebuying markets for 2025?
Here are the top 10 markets where the National Association of Realtors® expects to see growth in 2025. For context, we have included details drawn from early 2025 data that show active listings, growth in active listings from the previous 12-month period, median listing prices, and the change in prices from the previous year.
In many of these regions, median listing prices have gone down – a good sign for potential homebuyers.
- Active listings: 2,292
- Active listings growth, 2023-2024: 49.92%
- Median listing price: $479,832
- Price change, 2023-2024: -1.65%
Miami-Fort Lauderdale-Pampano Beach, FL
- Active listings: 45,792
- Active listings growth, 2023-2024: 40.41%
- Median listing price: $520,000
- Price change, 2023-2024: -7.88
Virginia Beach-Norfolk-Newport News, VA-NC
- Active listings: 3,809
- Active listings growth, 2023-2024: 22.2%
- Median listing price: $389,450
- Price change, 2023-2024: 2.76%
- Active listings: 2,453
- Active listings growth, 2023-2024: 6.51%
- Median listing price: $293,950
- Price change, 2023-2024: -0.36%
- Active listings: 1,957
- Active listings growth, 2023-2024: 13.42%
- Median listing price: $421,225
- Price change, 2023-2024: -4.91%
- Active listings: 12,158
- Active listings growth, 2023-2024: 39.37%
- Median listing price: $419,900
- Price change, 2023-2024: -3.47%
- Active listings: 2,723
- Active listings growth, 2023-2024: 27.9%
- Median listing price: $270,000
- Price change, 2023-2024: -1.82%
- Active listings: 15,864
- Active listings growth, 2023-2024: 38.58%
- Median listing price: $512,450
- Price change, 2023-2024: -4.21%
Atlanta-Sandy Springs, Alpharetta, GA
- Active listings: 21,294
- Active listings growth, 2023-2024: 38.14%
- Median listing price: $399,000
- Price change, 2023-2024: -2.68%
- Active listings: 1,342
- Active listings growth, 2023-2024: 21.17%
- Median listing price: $320,000
- Price change, 2023-2024: 2.9%
What should I do when more homes are available in my area?
When more homes are for sale and mortgage rates continue to ease down, it’s important to be prepared. Start by downloading the free Rate App, so you can easily make financial moves.
Then use our Same Day Mortgage*, which could give your offer the same kind of punch as an all-cash offer. For eligible loans, you could get a loan approval status in as little as one day, allowing you to close the deal with speed and confidence.
Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Refinancing your mortgage may increase costs over the term of your loan. Restrictions may apply.
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