Is Now a Good Time to Buy a Home in 2025? What the Latest Housing Market Data Says

Is Now a Good Time to Buy a Home? The Data Says Yes—If You Can Afford It

Every buyer wants to know: “Is now a good time to buy?”

And while there’s no one-size-fits-all answer, the national data is showing a noticeable shift—and it could work in favor of today’s buyers.

 Inventory Is Rising—Fast

According to Redfin, the housing market currently has nearly 500,000 more sellers than buyers. That’s a dramatic swing from the ultra-competitive pandemic years, where bidding wars and limited listings ruled the day.

What this means for buyers:

• More homes to choose from

• Less competition per listing

• More room to negotiate price and concessions

Expert Insight

“It’s a homebuyer’s market—if you can afford one,” said Redfin Senior Economist Elijah de la Campa. “Inventory is building, and sellers are offering concessions. But high rates and record prices are keeping demand in check.”
Read the full article from Axios

The Trade-Off: Affordability

While buyer leverage is up, affordability remains a hurdle. Mortgage rates remain elevated and prices are still near record highs, which means:

• Monthly payments can still be steep.

• Buyers need strong credit and income to qualify.

• Some markets are shifting faster than others.

So, Should You Buy?

If you’re financially ready, this could be the best window in years to buy with reduced pressure and improved terms. For those on the fence, now is the time to explore your options—because shifts like this don’t last forever.

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