More Than 80% of Metro Areas Posted Home Price Increases in First Quarter of 2025

Excerpt:  “Single-family existing-home sales prices climbed in 83% of measured metro areas – 189 of 228 – in the first quarter, down from 89% in the prior quarter. The national median single-family existing-home price rose 3.4% from a year ago to $402,300. Twenty-six markets (11%) experienced double-digit annual price appreciation (down from 14% in the previous quarter). The monthly mortgage payment on a typical, existing single-family home with a 20% down payment was $2,120 – up 4.1% from one year ago.”