According to the most recent data from Realtor.com, the median existing home prices went up 2.4% on an annual basis to $418,300 in the second quarter of 2025. The report also noted that the South leads the nation when it comes to housing supply, with more than 50% of both new and existing home listings.
The good news is that there are still affordable markets that have growth potential. If you’re looking to enter the real estate market in 2025, there are undervalued housing markets that are finally getting hot and attracting the attention of both home buyers and investors.
