U.S. Housing Market Report — Oct 2024

The national median listing price fell to $423K (-0.6% year over year) in Oct 2024. Active inventory rose to 954,201 listings (+29.3% YoY), with the typical home spending 58 days on market.

Sellers cut prices on 18.6% of listings (-1.4% vs last year). The typical U.S. asking rent stands at $1,894/mo (Zillow ZORI).

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