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Americans Need to Earn 70.1% More Today Than Six Years Ago to Afford the Median-priced Home
News News (US:NWS) Prnewswire·2025-05-01 18:00

Americans now need to earn 114,000toaffordthemedianpricedhomePendinghomesalesfallforthefourthstraightmonthYoY,down3.2114,000 to afford the median-priced home Pending home sales fall for the fourth straight month YoY, down 3.2% Active listings rise 30.6% YoY, surpassing April 2020 levels Price reductions hit 18.0% of listingsAUSTIN, Texas, May 1, 2025 /PRNewswire/ -- A U.S. household now needs to earn 114,000 annually to afford a median-priced home. That's up 70.1% from $67,000 just six years ago according to the Realtor.com® April Housing Trends Report. While it's clear that buying a home has ...