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The median national home price for all of last year edged up just under 1% to record high $389,800, the NAR said. 2023 was slowest year for US home sales in nearly 30 years as high mortgage rates ...
Sales in the South fell 2.8% from November to an annual rate of 1.72 million in December, down 4.4% from a year ago. The median price in the South was $352,100, a year-over-year increase of 3.8%.
Sales rose 9.3% in December versus the same month last year. The median home sales price rose for the 18th consecutive month in December to $404,000, up 6% from a year earlier.
Home prices by county (2021) <$100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000+ Cost of housing by State. This article contains a list of U.S. states and the District of Columbia by median home price, according to data from Zillow.
The firm predicts that home prices will rise by 2.6% in 2025, while existing-home sales will notch 4.3 million, up from the 4 million sales it expects this year.
Zillow’s expects 5.1 million existing homes to be sold in calendar year 2022 – a 16% decrease compared to 2021. This is down slightly from September’s forecast for 5.2 million.