January 2025 Market Trends in Housing
According to the Realtor.com® January 2025 housing data, more homes are being newly listed on the market despite higher mortgage rates seen in recent months. Time and natural turnover could be leading some sellers to make a move this year despite higher rates. Meanwhile, listing prices continue to grow, although more small homes available means the nation’s median list price is lower than last year. Finally, there seems to be a Trump Bump in the DC area as people in the new administration are buying large homes.