Median US Home-Sale Price Hits a Record $400,894: Report

Date:

A home for sale in Alhambra, Calif., on Aug. 28, 2025. Frederic J. Brown/AFP via Getty ImagesThe median sales price of a home in the United States hit $400,894 for the four weeks ending June 7, a record high and up 1.5 percent from a year back, real estate brokerage Redfin said in a June 11 statement. The jump in sales price is happening even though there are currently more sellers than buyers in the market, with prices being supported by tight supplies, the company said. Chen Zhao, head of Redfin’s economics research, said that prices crossing the $400,000 threshold is an indication of how difficult it is for many Americans to become homeowners.

spot_imgspot_imgspot_img

Share post:

More like this
Related

White House Says Iran Will Continue to Pay Amid Reports of New US Strikes

The White House warned Iran on Friday afternoon of...

Wall Street Review: Stocks Recover as Tech Earnings Lift Sentiment

Better-than-expected earnings reports from Microsoft and Amazon during the...

US Embassy Issues Security Alert After Thousands of Illegal Immigrants Cross Into Spain

Young Moroccan migrants sort through piles of discarded shoes...

US Bans Imports From 43 Chinese Firms Over Forced Labor Charge

Young girls sew clothes in a workshop in Hotan,...