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

Pakistan Says US, Iran Close to Signing Peace Deal Framework

Plumes of smoke rise over the skyline following explosions...

US Military Downs Iranian Attack Drones in Strait of Hormuz

U.S. forces patrol the Arabian Sea near the Strait...

JBS to Close 2 US Facilities as Beef Consumption Drops

JBS’s meat-packing plant in Greeley, Colo., on April 16,...

Elon Musk Becomes Worlds First Trillionaire as SpaceX Surges on Market Debut

SpaceX CEO Elon Musk, displayed on a screen remotely...