Median Sale Price for Homes Hit Record High in 2025

In 2025, 3.9 million homes sold with a record median price of $360,000, up 2.6% from 2024 and 39% since 2020. Despite higher prices, gross profits fell to $118,710, a 49% return, down from 55% in 2024. Prices rose in 80.5% of major metro areas, with the largest increases in Birmingham, Syracuse, Toledo, Rochester, and Dayton. Institutional investors accounted for 6.6% of purchases, unchanged from the previous year.