U.S. Housing Market Report — Apr 2025

The national median listing price rose to $431K (+0.3% year over year) in Apr 2025. Active inventory rose to 959,251 listings (+30.6% YoY), with the typical home spending 50 days on market.

Sellers cut prices on 18.0% of listings (+16.1% vs last year). The typical U.S. asking rent stands at $1,921/mo (Zillow ZORI).

The hottest markets this month: Manchester-Nashua, NH, Springfield, MA, Amherst Town-Northampton, MA, Kenosha, WI, Hartford-West Hartford-East Hartford, CT.