What to Know About the July 2025 Housing Market [VIDEO]

The U.S. housing market continued its slow and steady rebalancing in July. The inventory of homes for sale rose again, marking the 21st consecutive month of inventory growth and the third consecutive month with over 1 million active listings according to Realtor.com^® housing data.

Homebuyers may have more choices; however, inventory growth is showing early signs of slowing. Price cuts continue, even if median list prices have shown little movement overall. In July, 20.6% of home listings had price reductions—up slightly from July 2024.