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 Here’s a quick look at what’s going on in the housing market right now, based on the latest Realtor.com report for October 2025.
1️⃣ More homes for sale (but growth is slowing).
Inventory is still climbing — up 15 percent from this time last year — which means buyers have more choices. But that growth is starting to slow down. We’ve had two years straight of increases, but now it’s starting to level off.
2️⃣ Homes are sitting a bit longer.
Even though mortgage rates have dropped to their lowest point in a year, buyers are still taking their time. The average home took 63 days to sell in October — about five days longer than last year.
3️⃣ Prices are steady overall — but the South and West are seeing drops.
Nationwide, the typical home price was $424,200, basically flat from last year. But prices fell slightly in the South and West while the Midwest and Northeast inched up. That’s good news if you’re shopping for a home in Georgia or other southern markets.
4️⃣ Government shutdown slows some markets.
Places like Washington D.C., Virginia Beach, Oklahoma City, and Baltimore — where lots of federal workers live — saw a dip in new listings and buyer searches in October. It’s a reminder that national events can ripple into local real estate.
5️⃣ Price cuts are still common.
About 1 in 5 homes (20%) had a price reduction last month. So if you’re a buyer, there are still plenty of opportunities to negotiate.
What this means for you:
If you’ve been waiting for the right time to buy, now could be a sweet spot — rates are lower, there are more homes to choose from, and sellers are getting more realistic about pricing.
If you’re thinking of selling, this is the moment to price smart and stand out with great marketing and presentation (video helps 😉).
Cas
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