Mapping the Market: Zillow's Fresh Predictions on Home Prices Across 400+ Housing Markets

Discover Zillow's newest forecasts for home prices in over 400 housing markets. This comprehensive market mapping offers insights into real estate trends, aiding homeowners, buyers, and investors in understanding the dynamics shaping property values nationwide. Stay informed with valuable predictions for navigating the housing market landscape effectively.

Zillow's Latest Forecast Anticipates a 1.4% Increase in U.S. Home Prices from March 2024 to March 2025, 

Amidst challenges such as a 7% mortgage rate, housing affordability strains, and an increase in active inventory, the trajectory of national home prices remains upward. According to the Zillow Home Value Index, there was a 1.1% month-over-month increase in U.S. home prices from February 2024 to March 2024, slightly surpassing the seasonal norms for this period.

Year-over-year, the Zillow Home Value Index indicates a 4.6% increase in U.S. home prices from March 2023 to March 2024. Although Zillow economists anticipate continued positive growth in national prices over the next year, they foresee a slowdown in this upward trend. Their latest forecast suggests a 1.4% rise in U.S. home prices between March 2024 and March 2025, marking a deceleration compared to previous projections. Last month, Zillow's model had predicted a 0.8% increase in U.S. home prices between February 2024 and February 2025.

Click here to view an interactive version of Zillow’s latest forecast.

Zillow Projections: Anticipated Regional Home Price Fluctuations from March 2024 to March 2025

Zillow's April 2024 Projection: Regional Home Price Trends via the Zillow Home Value Index

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Source: fastcompany