There are no drastic changes anticipated for the housing market over the next year, but some markets are seeing more competition
April 2, 2025
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Home sales are expected to pick up in Indianapolis due to the area's lower housing costs.
Heading into the spring homebuying season, some cities can expect to see more buyer competition. GoBankingRates analyzed housing markets across the U.S. to get a sense of which metro areas anticipate an uptick in buyer competition through the remainder of the year. With home listings averaging just 17 days on the market and housing costs 46% lower than the national average, Buffalo, N.Y., is expected to gain the most traction. Indianapolis follows closely behind, with homes staying on the market for 27 days and the cost of housing averaging 22% below nationwide prices.
Still, the nationwide housing market isn’t expected to change drastically over the next year. Through the remainder of 2025, experts predict similar housing market conditions as we saw throughout 2024.
So far in 2025, the real estate market doesn’t look terribly unalike how it looked in 2024. Mortgage rates are high, supply isn’t keeping up with demand and homes — for many first-time buyers just too expensive — are not exactly flying off the lot, as it were, with many economists and housing experts describing the market as “frozen.”Read more
