Despite home price growth in the past few months, home sellers are seeing profits decrease. According to property data provider ATTOM’s First Quarter 2025 U.S. Home Sales Report, home sellers on average made a 50.2% profit during Q1 2025. This was a 3.2% decrease from the previous quarter and a 4.8% decrease from the same time one year ago.
While median home prices remained relatively stable over the last two quarters—at $358,000 in Q3 2024 compared with $355,000 in Q1 2025—the median profit that sellers made on their homes dropped by about 4% from $124,000 in Q4 2024 to $119,000 in Q1 2025. Compared with the same time last year, typical profit margins declined in 83% of markets analyzed.
The biggest year-over-year decreases in typical profit margins during the first quarter of 2025 came in Punta Gorda, FL (down from 106.3 percent to 69.2 percent); Ocala, FL (down from 99.9 percent to 66.7 percent); Deltona, FL (down from 81.6 percent to 54 percent); Bakersfield, CA (down from 81.1 percent to 58.9 percent); and Spartanburg, SC (down from 49.4 percent to 29.6 percent).
The largest year-over-year increases in typical profit margins for the first quarter of 2025 were in Toledo, OH (up from 27.8 percent to 44.7 percent); Birmingham, AL (up from 24.9 percent to 35.1 percent); Canton, OH (up from 43.8 percent to 53.1 percent); Syracuse, NY (up from 56.8 percent to 62.3 percent); and Youngstown, OH (up from 64.7 percent to 70 percent). Read more