By Fixr
The U.S. housing market has been on a tirade since the pandemic, and the market in 2024 was defined by high mortgage rates, peak property values, and inventory lagging behind demand. According to data from J.P. Morgan, Statista, Zillow, and other authorities, 2025 real estate statistics suggest the market will be shaped by shifting demand and buyer preferences. We pulled together our own expert insights and real estate market data to forecast where the market is headed in 2025, including home prices, inventory levels, rental statistics, and more.
Key Findings:
- The U.S. residential real estate market was valued at $106.7 trillion in 2024, with a 48.8% increase since 2019, and it’s projected to grow 19.4% by 2029.
- Housing affordability has declined, as new home prices have increased by 49% (approximately $140,000) on average since the pandemic.
- Home prices decreased in the District of Columbia, Florida, and Vermont in 2025.
- New Jersey, Rhode Island, and New York had the biggest one-year price jump, with increases above 6.9%.
- Housing inventory declined 4.84% in the past year, with 73,000 homes delisted in December 2024 due to a lack of buyers.
- Cape Coral, FL, is the top buyers’ market, while Rochester, NY, leads as the top sellers’ market.
- When selling a home, 85% of experts say soft whites add the most home value, while lime green is the most off-putting color for buyers.
Residential Real Estate Market Value
Residential real estate market value has been steadily increasing since 2019, with every year bringing higher value than the last except 2023. Value dipped in late 2022 and 2023 as homebuyers rushed to stay ahead of climbing mortgage rates¹, but they quickly climbed again in 2024 to historical highs. Housing market data suggest that value will continue to rise in 2025 to new highs, and that trend is expected to persist through 2029 despite a decline in affordability.