{"id":850941,"date":"2025-05-14T09:03:07","date_gmt":"2025-05-14T13:03:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/homes-com-report-home-price-increases-slowed-for-the-fourth-consecutive-month-in-april\/"},"modified":"2025-05-14T09:03:07","modified_gmt":"2025-05-14T13:03:07","slug":"homes-com-report-home-price-increases-slowed-for-the-fourth-consecutive-month-in-april","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/homes-com-report-home-price-increases-slowed-for-the-fourth-consecutive-month-in-april\/","title":{"rendered":"Homes.com Report: Home Price Increases Slowed for the Fourth Consecutive Month in April"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Homes.com Report: Home Price Increases Slowed for the Fourth Consecutive Month in April<\/b><\/p>\n<p class=\"bwalignc\"><i>The median home price increased by just 1.3% in April over last year. The Northeast and some Midwest markets continued to lead the nation in price growth.<\/i><\/p>\n<p>ARLINGTON, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fhomes.com&amp;esheet=54254548&amp;newsitemid=20250514301145&amp;lan=en-US&amp;anchor=Homes.com%2C&amp;index=1&amp;md5=b88f087257db09ae7ab6852d54c0ac47\">Homes.com,<\/a> a CoStar Group leading online residential marketplace, today released a new report analyzing home prices in April (based on the data collected to date), price trends across major metros, and what the latest developments in the housing market mean for homebuyers.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250514301145\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250514301145\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469254\/4\/unnamed_%281%29.jpg\" alt=\"National median home price\" \/><\/p>\n<p style=\"font-size:85%\">National median home price<\/p>\n<\/div>\n<p>\nAccording to the preliminary estimates, home prices continued to increase in April. Still, the rate of price increases slowed for the fourth consecutive month, with the median home price rising modestly by 1.3% in April. Year-over-year, prices rose 2.2% in March, 2.7% in February, and 3.9% in January. In dollar terms, the median home price went up $5,000 from April of last year to April of this year, going from $380,000 to $385,000. Prices have increased for 22 consecutive months, and the rate of increases peaked at 5.6% in the second half of 2024.\n<\/p>\n<p>\n\u201cModerating price pressures is a welcome relief for potential homebuyers,\u201d <b>said Erika Ludvigsen, National Director of Residential Analytics, CoStar\/Homes.com.<\/b> \u201cMeanwhile, the inventory of homes for sale has increased. Higher inventories combined with a slight moderation in price pressures bring good news for homebuyers, especially in several key metros in the Sun Belt region.\u201d\n<\/p>\n<p>\nThe highest price appreciation in the United States is concentrated in markets in the Northeast and parts of the Midwest. Meanwhile, within the 40 largest markets in the United States, the number of markets where prices were either flat or fell year-over-year has more than doubled from six markets in March to fifteen in April. The geography of the bottom group (markets where home prices fell or remained flat) has broadened from largely markets in Florida in March to markets in Texas, North Carolina, parts of California, fast-growing markets, Nashville and Phoenix, and even parts of Ohio.\n<\/p>\n<p>\nThe data shared in this report could change slightly once all home sales are accounted for. <b>Melina Duggal, Senior Director of Market Analytics at Homes.com<\/b>, is available for interviews to provide insights into these data points and the residential real estate market in general.\n<\/p>\n<p>\nFor more information and insights into the latest home buying and selling market trends, visit: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fhomes.com&amp;esheet=54254548&amp;newsitemid=20250514301145&amp;lan=en-US&amp;anchor=Homes.com&amp;index=2&amp;md5=621852b8f16bf2c795c0f42446258602\">Homes.com<\/a>.\n<\/p>\n<p><b>About Homes.com<\/b><\/p>\n<p>\nHomes.com is the fastest-growing residential real estate marketplace and the second largest portal in the United States. Homes.com is a brand of CoStar Group (NASDAQ: CSGP), a global leader in commercial real estate information, analytics, and online marketplaces, which acquired the platform in 2021.\n<\/p>\n<p>\nHomes.com is the first major U.S. real estate portal to focus first on helping homeowners and their agents leverage the marketing power of the internet to bring more potential buyers to their listings. Homes.com\u2019s unparalleled content and search capabilities bring millions of buyers and sellers to the site where they can seamlessly connect with agents. On average, Homes.com\u2019s Members are winning 58% more listings* because they offer the home sellers a real estate portal that works for them not against them.\n<\/p>\n<p>\nThe Homes.com Network reached an audience of 110 million average monthly unique visitors in the fourth quarter ending December 31, 2024.** Consumer brand awareness skyrocketed from 4% to 33% in just one year since CoStar Group launched the industry\u2019s largest marketing campaign to date in February 2024, reintroducing the platform to the market. For more information, visit Homes.com.\n<\/p>\n<p>\n*Based on internal analyses comparing Members to non-Members on Homes.com.\n<\/p>\n<p>\n** Homes.com Network (which includes Homes.com, the Apartments Network, and the Land Network) average monthly unique visitors for the quarter ended December 31, 2024, according to Google Analytics.\n<\/p>\n<p><b>About CoStar Group<\/b><\/p>\n<p>\nCoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world\u2019s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.\n<\/p>\n<p>\nCoStar Group\u2019s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; and Homes.com, the fastest-growing residential real estate marketplace. CoStar Group\u2019s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible, STR, a global leader in hospitality data and benchmarking, Ten-X, an online platform for commercial real estate auctions and negotiated bids and OnTheMarket, a leading residential property portal in the United Kingdom.\n<\/p>\n<p>\nCoStar Group\u2019s websites attracted over 130 million average monthly unique visitors in the first quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.CoStarGroup.com&amp;esheet=54254548&amp;newsitemid=20250514301145&amp;lan=en-US&amp;anchor=CoStarGroup.com&amp;index=3&amp;md5=732a21d1014315ed7d68e2084f1a10e4\">CoStarGroup.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250514301145r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250514301145\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250514301145\/en\/<\/a><\/span><\/p>\n<p>\nNews Media Contact<br \/>\n<br \/>Matthew Blocher<br \/>\n<br \/>CoStar Group<br \/>\n<br \/>(202) 346-6775<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mblocher@costargroup.com\">mblocher@costargroup.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Virginia<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Construction &amp; Property Residential Building &amp; Real Estate Construction &amp; Property REIT<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469254\/3\/unnamed_%281%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">National median home price<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469253\/3\/unnamed_%282%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">National year-over-year change in media home price<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469251\/3\/unnamed_%283%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">National year-over-year percent change in median home price<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469250\/3\/unnamed_%285%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">National media home prices in the month of April<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469248\/3\/unnamed_%284%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">National year-over-year percent change in media home sale price<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469246\/3\/unnamed_%286%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Home example 3<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469244\/3\/unnamed_%287%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Home example 2<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469242\/3\/unnamed_%288%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Home example 1<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469239\/3\/unnamed_%289%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Year over year increases in April home sale prices by metro area<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469236\/3\/unnamed_%2813%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">April price in thousands \/ April price growth<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469235\/3\/unnamed_%2814%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Median home price by type<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469234\/3\/unnamed_%2815%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Home price index by type<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250514301145\/en\/2469233\/3\/homes-logo-default_%281%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Homes.com Report: Home Price Increases Slowed for the Fourth Consecutive Month in April The median home price increased by just 1.3% in April over last year. The Northeast and some Midwest markets continued to lead the nation in price growth. ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211;Homes.com, a CoStar Group leading online residential marketplace, today released a new report analyzing home prices in April (based on the data collected to date), price trends across major metros, and what the latest developments in the housing market mean for homebuyers. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250514301145\/en\/ National median home price According to the preliminary estimates, home prices continued to increase in April. Still, the rate of price increases slowed for the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/homes-com-report-home-price-increases-slowed-for-the-fourth-consecutive-month-in-april\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Homes.com Report: Home Price Increases Slowed for the Fourth Consecutive Month in April&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-850941","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Homes.com Report: Home Price Increases Slowed for the Fourth Consecutive Month in April - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/homes-com-report-home-price-increases-slowed-for-the-fourth-consecutive-month-in-april\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Homes.com Report: Home Price Increases Slowed for the Fourth Consecutive Month in April - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Homes.com Report: Home Price Increases Slowed for the Fourth Consecutive Month in April The median home price increased by just 1.3% in April over last year. The Northeast and some Midwest markets continued to lead the nation in price growth. ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211;Homes.com, a CoStar Group leading online residential marketplace, today released a new report analyzing home prices in April (based on the data collected to date), price trends across major metros, and what the latest developments in the housing market mean for homebuyers. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250514301145\/en\/ National median home price According to the preliminary estimates, home prices continued to increase in April. 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The Northeast and some Midwest markets continued to lead the nation in price growth. ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211;Homes.com, a CoStar Group leading online residential marketplace, today released a new report analyzing home prices in April (based on the data collected to date), price trends across major metros, and what the latest developments in the housing market mean for homebuyers. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250514301145\/en\/ National median home price According to the preliminary estimates, home prices continued to increase in April. 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