Why Home Prices Aren’t Actually Flat
You might’ve seen headlines saying home prices are flat — but that’s not the full story. The truth? Prices aren’t really flat at all.
Here’s what’s actually happening 👇
📊 What the Data Shows
Prices have cooled off since the big spikes from 2020–2022, but how much they’ve changed depends on where you live.
In some areas, prices are still rising (slowly).
In others, they’re dipping a bit.
When you average it all together, it just looks flat — but that’s not what buyers and sellers are feeling in real life.
One big reason for this difference? Inventory.
If there are more homes for sale, prices may ease down a little.
If there aren’t many homes on the market, prices tend to stay strong.
🏡 What It Means for You
If You’re Buying:
In areas where prices are still climbing, waiting could cost you more later.
In areas where prices are cooling, you may have room to negotiate — like asking for repairs or help with closing costs.
If You’re Selling:
In markets where prices are up, you’ll likely get strong offers fast.
But if prices are softening, pricing right from the start is key to getting your home sold.
🌾 The Bottom Line
National numbers can be misleading — real estate is local.
What’s happening in your zip code could look totally different from the national trend.
As Realtor.com’s Anthony Smith says:
“Local market conditions have become increasingly fragmented… This regional divide is expected to continue as the fall season gets underway.”
🍂 Whether you’re buying or selling, partner with a trusted local agent who understands your market — so you can make confident moves this season.
Finding ways to make your credit score better could help you get a lower mortgage rate. When you’re ready to get the process started, let’s connect.