YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The median home price in the United States hit a record in March, according to Realtor.com’s latest housing trends report.
The median home price last month was $405,000. That's up 13.5% from the same month of 2021.
Realtor.com officials said the housing market is expected to "moderate" in the near future.
"Buyer demand is moderating in the face of high costs, and we're beginning to see more homeowners take price cuts on their listings and overall inventory declines lessen in response," said Realtor.com Chief Economist Danielle Hale.
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