7 Types of Homes Expected To Soar in Value by the End of 2025 – Yahoo Finance
Halfway through the year and it’s still a seller’s market in many U.S. real estate markets. According to Forbes, there are only around three months’ worth of inventory right now — at least in some states — whereas more than six months is needed for a true buyer’s market.
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Housing prices are still soaring, with the median U.S.-based home sales price hovering around $420,800 as of the first quarter of 2024. Interest rates are also still high, something that’s priced out many first-time buyers.
But the real estate market can change quickly, and it’s possible that some types of homes will soar in value by the end of 2025. This is good news for sellers who own these types of homes and want to cash in and make a solid return on their properties. For prospective or first-time homebuyers, it’s also worth knowing which types of homes are likely to go up in price so you know which to buy and which to avoid.
GOBankingRates spoke with several real estate professionals about the main types of homes expected to soar in value at the end of next year. These are their predictions.
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This article originally appeared on GOBankingRates.com: 7 Types of Homes Expected To Soar in Value by the End of 2025