The U.S. housing market has changed of late, with a notable increase in the number of houses for sale in 2025. This stands in sharp contrast to recent years, where excess demand characterized the market. The latest figures put the average home price at $439,846 (October 2025), an unremarkable 1.3% year-on-year increase. However, the average home value is currently $360,727 as reported by Houzeo.com and Yahoo!
There is no doubt that the housing market is shifting, and this trend is likely to continue into 2026. The shift has resulted in a spike in inventory (up 7.4% year-on-year), and coupled with a reduced average mortgage rate (6.3% average), the market has clearly shifted in favor of buyers. But trends are region-specific, with parts of Florida showing a weakening of the property market while many regions in the NE and Midwest are strengthening.
