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REMAX's September National Housing Report, which surveyed 52 metro areas, is out now. The housing market has fluctuated in recent months, so it's important to note what trends homebuyers and sellers need to keep an eye on this fall.
Housing Report Snapshot:
Inventory was 20% higher year over year; Sept. became the 21st consecutive month of growth.
Home sales rose year over year for the fourth time in 2025.
When compared to last month, home sales declined slightly, and inventory rose, which is typical for this time of year.
Home Sales Were up
Year over Year
Browse Listings
MARKET TRENDS
NEW LISTINGS
HOME INVENTORY
HOME SALES
MEDIAN SALE PRICE
HOME INVENTORY
HOME SALES
NEW LISTINGS
MEDIAN SALE PRICE
4.6%
8.5%
Month-over-month
Year-over-year
The number of homes for sale in September 2025 was up 20% from September 2024, and up 3.1% from August 2025.
Sales Were up Year over Year
A DEEPER DIVE
Home Sales: 3 Markets with the Biggest YoY INcrease
95.8
%
94.1
%
Miami, FL stayed even at 94.1% - the same as September 2024
In September 2025, the average close-to-list price ratio of all 52 metro areas in the report was 98%, down from 99% in both September 2024 and August 2025.
%
0
10
20
30
40
50
60
98
WHAT THE REPORT MEANS FOR YOU
September’s National Housing Report showed that the market experienced seasonal fluctuations, while prices held steady. Homes sold for slightly below asking price, and inventory continued to climb. What does this mean for homebuyers and sellers? REMAX Blog breaks down what it means for you.
National Housing Report Quiz
CLOSE-TO-LIST PRICE RATIO
"Smart buyers are turning to their agents for strategic guidance – and it’s paying off, as many are still successfully negotiating favorable prices.”
- REMAX Holdings, Inc. CEO Erik Carlson
In September 2025, home sales rose 8.5% year-over-year but fell 4.6% from August 2025.
When the number is above 100%, the home closed for more than the list price. If it’s less than 100%, the home sold for less than the list price.
New Orleans, LA stayed even at 95.8% - the same as September 2024
95.8
%
Bozeman, MT was down to 95.4%, from 95.8% in September 2024
96.4
%
Houston, TX was down to 96.4%, from 97.1%, in September 2024
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Year-over-year
Month-over-month
2.1%
1.3%
Year-over-year
Month-over-month
20.0%
3.1%
Year-over-year
0.9%
4.5%
Month-over-month
+
OMAHA, NE
Sept. 2025: 1,947 Sept. 2024: 1,610
+20.9%
In September 2025, newly listed homes rose 0.9% year-over-year and 4.5% from August 2025.
New Listings: 3 Markets with the Biggest YoY INCREASE
Top Trends
Regional Highlights
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2025
REMAX'S National Housing Report Recap
U.S. Home Prices & Sales - SEPTEMBER 2025
Home sales were up by 8.5% from last year and down 4.6% from August 2025. This was the fourth month of 2025 where sales outpaced the previous year.
Inventory kept growing
HOme Prices VARIED slightly
In September 2025, the median price of a home based off of the 52 metro areas was $439,000, up 2.1% from September 2024, and down 1.3% when compared to August 2025.
In September, new listings reversed a three-month decline and increased 4.5% over August 2025 and were up 0.9% year over year.
NEW LISTINGS UPWARD TREND
+
FAYETTEVILLE, AR
Sept. 2025: 1,263
Sept. 2024: 1,052
+20.1%
+
WICHITA, KS
Sept. 2025: 976
Sept. 2024: 822
+18.7%
+
Honolulu, HI
Sept. 2025: 931
Sept. 2024: 600
+55.2%
+
OMAHA, NE
Sept. 2025: 1,117
Sept. 2024: 924
+
RALEIGH, NC
In Sept 2025, the median metro sale price was $439K, up 2.1% YoY and down 1.3% from August.
Median Sale Price: 3 Markets with the Biggest YoY InCREASE
+
Milwaukee, WI
Sept. 2025: $380,000
Sept. 2024: $340,825
+11.5%
+
Trenton, NJ
+
Coeur d’Alene, ID
Homes averaged 48 days on market in Sept 2025, up 7 days YoY and 1 day from August 2025.
DAYS ON MARKET: 3 Markets with the HIGHEST DAYS ON MARKET
+
San Antonio, TX
+
Miami, FL
+
Coeur d’Alene, ID
+20.9%
Sept. 2025: 1,882
Sept. 2024: 1,565
+20.3%
Sept. 2025: $470,000
Sept. 2024: $425,000
Sept. 2025: $575,000
Sept. 2024: $526,500
+10.6%
+9.2%
Sept. 2025: 88 days
Sept. 2024: 77 days
+15.0%
Sept. 2025: 83 days
Sept. 2024: 64 days
Sept. 2025: 77 days
Sept. 2024: 82 days
+29.1%
-6.4%
HOME SALES
NEW LISTINGS
MEDIAN SALE PRICE
HOME INVENTORY