May 2025 Real Estate Market Update:
Marion & Polk Counties – Single-Family Homes
The numbers are in, and the local housing market is showing signs of momentum this spring. Whether you're considering buying, selling, or just staying informed, here’s a breakdown of the key market trends for May 2025 in Marion and Polk Counties.
Closed Sales: 284 (+7.6%)
We saw a healthy uptick in closed sales, indicating increased buyer activity and successful transactions. This is a positive sign for the overall health of the market as we head into the summer season.
Median Sale Price: $455,000 (+2.6%)
Home values continue to rise, which is great news for sellers. The modest price increase reflects a steady demand for homes in the area, despite rising inventory.
Days on Market: 53 (-7.1%)
Homes are spending slightly less time on the market compared to April. This signals that well-priced, move-in-ready homes are getting snapped up quickly.
Active Inventory: 814 (+6.4%)
Inventory is building—giving buyers more options to choose from. This trend can help balance the market and reduce the urgency buyers may have felt in previous months.
New Listings: 477 (+13.6%)
New listings surged in May, a common seasonal trend as more sellers choose to list in late spring. This increase gives buyers more opportunities and could lead to less competitive bidding in some price ranges.
What This Means for You
Buyers:
You’ve got more homes to choose from, and prices—while rising—haven’t jumped dramatically. However, with values trending upward, acting sooner rather than later could help you lock in a better deal.
Sellers:
Buyer activity is strong and prices are climbing. With inventory growing, now’s a great time to list before competition increases further. Staging, pricing, and marketing matter more than ever in a market with more listings.
📞 Ready to Take the Next Step?
Whether you're looking to buy, sell, or just explore your options, I’m here to help you navigate the market with confidence. Let’s connect and make a plan that works for your goals.
