National Real Estate Insights December 2024

U.S. Median Single-Family-Home Sales Price Monthly Market Dynamics & Seasonality since 2019*

The November 2024 median house sales price rose 4.8% year-over-year.

Median sales prices typically rise and fall to seasonal supply and demand trends, and usually peak for the year in June. Sales in one month mostly reflect accepted offers negotiated in the previous month. Appreciation is typically measured on a year-over-year basis.

June 2024

June 2022

June 2023

$425,000

$400,000

June 2021

$375,000

$350,000

$325,000

June 2019

$300,000

$275,000

$250,000

2020 Pandemic hits

Updated through November 2024

$225,000

$200,000

*Data copyright, National Association of Realtors®. All rights reserved. Used with permission. Existing single-family home sales, not seasonally adjusted. Does not include new-home sales. Last month price labeled “preliminary . ” Data from sources deemed reliable but may contain errors and subject to revision.

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