US Median Home Prices Hit ‘All-Time High’ of $396,500
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US Median Home Prices Hit ‘All-Time High’ of $396,500
The median sales price of homes in the United States hit a record high of $396,500 for the four weeks ending June 15, with buyers now in a favorable position to negotiate prices, real estate brokerage Redfin said in a June 20 statement. “While the median sale price is at an all-time high, it’s roughly $26,000 lower than the median asking price of $422,238,” a 6 percent discount, the company said. Homes are fetching less than the asking price sin…
U.S. Home Prices Hit Record High, But Growth Slows
U.S. home prices hit a new record high this spring — but the pace of that growth is slowing as more sellers enter the market and buyers pull back amid persistently high borrowing costs. According to Redfin’s latest housing market reports, the national median sale price rose to $440,997 in May 2025, up 0.7% year-over-year, marking the highest price ever recorded for this time of year. In the four weeks ending June 15, the median sale price stood …
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