01/11/2026
Home prices softened across much of the country in 2025, with year-over-year declines in 26 of the 50 largest metros. National prices edged down, led by markets like Austin, where rising inventory pushed prices lower.
Now, the market is beginning to rebalance. More homes are coming available, price growth has cooled, and sellers are adjusting expectations. Buyers who’ve been waiting are seeing more options and greater flexibility, especially as more people get comfortable with mortgage rates in the 6% range.
