Home Values Climb in Northeast as Southern Markets Waver

In Q3 2025, home prices rose in 77% of U.S. metro markets, with the national median price at $426,800. The West had the highest median price at $633,900 but saw a slight annual decrease. The Northeast led in price growth at 6%, while the Midwest had the lowest median price at $331,000. First-time buyers faced typical mortgage payments of $2,146, representing 37.4% of family income. Price declines mainly occurred in the South due to new home construction.