#home-prices

#home-prices

A 2,097-square-foot condominium built in 2017 has changed hands. The spacious, recently built property in the 4200 block of Midlands Court in Dublin was sold on Aug. 8, 2025 for $1,200,000 which works out to $572 per square foot. This condominium offers spacious living environment with its four bedrooms and four baths. Additionally, the condo provides two parking spots, granting ample parking space for two vehicles.

While we've definitely seen prices moderate from the rapid and unsustainable climb in 2020-2022, how much they've changed is going to be different everywhere. If you look at data from ResiClub and Zillow for the 50 largest metros, this becomes very clear. The real story is split right down the middle. Half of the metros are still seeing prices inch higher. The other half? Prices are coming down slightly ( see graph below).

The replacement level or rate needed to sustain the population is 2.1, a rate the U.S. met roughly two decades ago. The decline reflects broader social and economic shifts, including delayed marriage and parenthood. But economists and demographers cited in a Realtor.com report point to housing costs as a significant factor. Larger homes that can comfortably accommodate multiple children have become increasingly out of reach for many families, Hannah Jones, senior economic research analyst at Realtor.com, said in the report.

With year-round warmth and world-famous attractions, Orlando has a lifestyle that appeals to families and professionals alike. The city's housing market is somewhat competitive, and homes usually sell in about 52 days. The median sale price in July 2025 was $433,000-up 4.7% year over year and 14% lower than the national average. For those looking to make a move, Orlando offers an inviting balance of value and pace. Latest Orlando listings

Austin's housing market remains one of the hottest in the nation, drawing attention with its mix of modern builds and classic Texas charm. Median home prices continue to climb, while competitive bidding keeps homes moving quickly.

The leafy porches and skyline views are calling to Atlanta buyers, who are working with a somewhat competitive market-homes are getting 2 offers on average and going under contract in about 65 days. The city's median sale price is sitting 13% lower than the national average, with July's median sale price at $386,250, about a 9% decrease year-over-year. Listings with lawns sell for 5% over list price, and other popular home features include a home office and a view.

Cleveland's housing market ticked up modestly in July 2025. Home prices rose 0.4% year over year to a median of $128,000, with homes selling in about 29 days on average. There were 369 homes sold in July, down from 384 a year earlier. Redfin Home Trends for Cleveland highlights the popular features buyers want most this season, with fenced yards, front patios, and crown molding ranking among the top trending features helping homes sell faster and above list price.

Leominster, Massachusetts homes (ZIP 01453) have claimed the No. 3 spot on Realtor.com®'s 2025 Hottest ZIP Codes list, making it one of the most competitive housing markets in the nation. Located in the Worcester metro area, Leominster offers suburban living, commuter access, and relative affordability compared with surrounding communities. From January to June 2025, Leominster listings received 4.0 times more views per property than the U.S. average and sold in a median of just 18 days.

Most parents are willing to go the extra mile for their kids, no matter the extra cost. This is especially true when it comes to education. For many parents, the quality of local schools is a top priority and a big factor in homebuying decisions. Often, getting into the best schools also means paying a premium to live in the district.

Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and the most properties on the market in over five years. Existing home sales rose 2% last month from June to a seasonally adjusted annual rate of 4.01 million units, the National Association of Realtors said Thursday. Sales edged up 0.8% compared with July last year.

There are lots of ways to measure home prices. Repeat-sales indexes like the S&P Cotality Case Shiller are very effective at tracking changes in the value of homes, but are very slow and lag the actual market. Market-based measures like the Altos price or the Altos pending price are immediate and best to answer What do homes cost today? These measures move together generally but can have subtle differences in timing and noise.

The typical luxury home value in Boston has surpassed $3 million, ranking it eighth among the country's most competitive metro areas for luxury property values.

"We were surprised because land subsidence is not like flooding or wildfires, which are much more visual and sudden. Land subsidence is a very slow problem."

"Home prices are starting to dip because high mortgage rates have pushed many buyers out of the market, weakening demand," Redfin chief economist Daryl Fairweather told Business Insider.