
Only 28 Out of Every 1,000 U.S. Homes Changed Hands This Year—The Lowest Turnover in Decades
Just 28 out of every 1,000 U.S. homes changed hands in the first nine months of 2025, the lowest rate since the 1990s. Affordability challenges
As a data journalist, Mark helps to explain the range of economic factors impacting the housing market. Prior to joining Redfin, he spent seven years in content operations at real-time information company Dataminr, following reporting and editing roles in Australia, SE Asia and the Middle East.

Just 28 out of every 1,000 U.S. homes changed hands in the first nine months of 2025, the lowest rate since the 1990s. Affordability challenges

The typical U.S. luxury home sold for $1,262,000 in September, up 4.8% from a year earlier to a record high for the month. Luxury home

U.S. home prices increased 0.2% from a month earlier in September on a seasonally adjusted basis. On a year-over-year basis, home prices rose 3%, the

The typical U.S. luxury home sold for $1,250,000 in August, up 3.9% from a year earlier. Luxury home sales fell 0.7% to the lowest August

The median sale price of starter homes hit a record $260,508 in August, up 2.2% from a year earlier. Starter-home sales grew 3.8% year over

80.3% of mortgaged U.S. homeowners have a rate below 6%, down from a record 92.7% in the second quarter of 2022. Just over half (52.5%)

Just 28 out of every 1,000 U.S. homes changed hands in the first nine months of 2025, the lowest rate since the 1990s. Affordability challenges

The typical U.S. luxury home sold for $1,262,000 in September, up 4.8% from a year earlier to a record high for the month. Luxury home

U.S. home prices increased 0.2% from a month earlier in September on a seasonally adjusted basis. On a year-over-year basis, home prices rose 3%, the

The typical U.S. luxury home sold for $1,250,000 in August, up 3.9% from a year earlier. Luxury home sales fell 0.7% to the lowest August

The median sale price of starter homes hit a record $260,508 in August, up 2.2% from a year earlier. Starter-home sales grew 3.8% year over

80.3% of mortgaged U.S. homeowners have a rate below 6%, down from a record 92.7% in the second quarter of 2022. Just over half (52.5%)