U.S. Housing Market Report — Sep 2024

The national median listing price fell to $425K (-1.0% year over year) in Sep 2024. Active inventory rose to 937,267 listings (+33.4% YoY), with the typical home spending 56 days on market.

Sellers cut prices on 18.5% of listings (+4.5% vs last year). The typical U.S. asking rent stands at $1,891/mo (Zillow ZORI).

The hottest markets this month: Manchester-Nashua, NH, Concord, NH, Springfield, MA, Rockford, IL, Hartford-West Hartford-East Hartford, CT.