The ATTOM Year End 2025 U.S. Home Sales Report shows national home prices reached new records during 2025 even as sales volumes remained moderate. A total of 3.9 million homes changed hands, while the median sale price climbed to $360,000, exceeding prior peaks. Despite higher prices, sellers experienced lower returns, with profit margins declining for a third consecutive year. The findings reflect persistent affordability pressures across most U.S. metropolitan housing markets nationwide affecting both buyers and long term owners alike.
Price increases were recorded in more than four fifths of major metropolitan areas, led by gains in several Midwest and Southern markets, while selected Florida and California metros saw declines. Institutional investors accounted for 6.6 percent of purchases, unchanged from the prior year, indicating stable participation after pandemic era peaks. Gross profits and margins fell across most regions, particularly in Florida. Homeownership tenures lengthened further, all cash transactions reached their highest share since 2013, and FHA backed purchases increased modestly, underscoring structural affordability constraints despite easing mortgage rates. The report also noted foreclosure sales remained limited nationally and varied widely by state and metropolitan market conditions reflecting uneven recovery patterns across local housing ecosystems during the past year period overall.
Why it matters
The data highlights mounting affordability challenges shaping housing demand, investment behavior, and household mobility across U.S. markets.
Source Attribution
Source: ATTOM
