Homebuyers Are Scoring the Biggest Discounts in 13 Years
The typical buyer who scored a home for below the list price in 2025 got a 7.9% discount—the largest since 2012. 1 in 4 buyers
Asad Khan studies housing market trends and the forces behind them as a senior economist at Redfin. Previously, he was an economic consultant at Analysis Group where he worked on antitrust and valuation matters. Asad taught urban economics as a Research Fellow at the University of Wisconsin-Madison and earned a PhD in economics from the University of Illinois at Urbana-Champaign. His research has focused on the economics of city structure and zoning policy.
The typical buyer who scored a home for below the list price in 2025 got a 7.9% discount—the largest since 2012. 1 in 4 buyers
The number of home listings that were pulled off the market rose to a historically high level in September. Sellers are delisting because so many
Rural homebuyers need to earn $75,000 to afford the typical home, up from $36,000 before the pandemic. Suburban and urban areas have also seen affordability
Would-be condo buyers are spooked by high costs, including rising HOA dues and insurance fees–but the silver lining is bargaining power. The gap between sellers
There were an estimated 506,000 more home sellers than buyers in August, meaning buyers held the negotiating power. But the tables could turn if falling
The typical New York household impacted by the raised SALT cap will save $7,092 annually—the most of any state. 86% of Massachusetts homeowner households could
The typical buyer who scored a home for below the list price in 2025 got a 7.9% discount—the largest since 2012. 1 in 4 buyers
The number of home listings that were pulled off the market rose to a historically high level in September. Sellers are delisting because so many
Rural homebuyers need to earn $75,000 to afford the typical home, up from $36,000 before the pandemic. Suburban and urban areas have also seen affordability
Would-be condo buyers are spooked by high costs, including rising HOA dues and insurance fees–but the silver lining is bargaining power. The gap between sellers
There were an estimated 506,000 more home sellers than buyers in August, meaning buyers held the negotiating power. But the tables could turn if falling
The typical New York household impacted by the raised SALT cap will save $7,092 annually—the most of any state. 86% of Massachusetts homeowner households could