Active home listings have increased across the U.S., giving buyers more options and negotiating power in many areas. According to the ResiClub blog, active inventory grew by 29% from October 2023 to October 2024. Should inventory growth continue at its current rate of 215,732 homes per year, the number of active listings could reach about 1.17 million by October 2025 and 1.39 million by October 2026.
Despite this boost, nationwide inventory is still 21% lower than it was prior to the COVID-19 pandemic in October 2019, and some markets remain fairly limited. Other markets, however, have seen inventory reach new highs.
In August 2024, only four states had returned to or surpassed pre-pandemic 2019 active inventory levels. In September 2024, it grew to seven states.
In October 2024, that number grew again to eight states. Arizona, Colorado, Florida, Idaho, Oklahoma, Tennessee, Texas, and Utah. States likely to join that list soon include Alabama, Oregon, and Washington.