Home prices will keep going up in 2025.
At the end of 2024, 67% of agents said they expected home prices to increase for the next 12 months, including 20% who predicted a large increase. This represents a big change from the middle of last year, when only 44% of agents expected prices to keep increasing. Zillow Home Value Index data backs up what agents are feeling. In January 2025, the median home sale price increased 6.65% year over year.
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