According to Realtor®.com’s September 2025 Monthly Housing Market Trends Report, active listings nationwide rose 17% year-over-year, with the total number of homes for sale surpassing one million for the fifth consecutive month. Inventory in the South and West now exceeds pre-pandemic levels, while the Midwest and Northeast continue to lag behind. Nationally, housing supply remains 13.9% lower than pre-pandemic levels.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING OCTOBER 25:

• New Listings increased 6.7% to 1,210
• Pending Sales increased 6.4% to 899
• Inventory decreased 0.5% to 10,641

FOR THE MONTH OF SEPTEMBER:

• Median Sales Price increased 2.6% to $390,000
• Days on Market increased 12.8% to 44
• Percent of Original List Price Received decreased 0.1% to 98.4%
• Months Supply of Homes For Sale decreased 3.4% to 2.8

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

According to the Federal Housing Finance Agency’s National Mortgage Database (NMDB®), 80.3% of outstanding mortgages in the United States had interest rates of 6% or lower in the second quarter of 2025. Within this group, 9.9% had rates between 5% and 6%, 17.9% between 4% and 5%, 32.1% between 3% and 4%, and 20.4% below 3%.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING OCTOBER 18:

• New Listings increased 4.8% to 1,300
• Pending Sales decreased 3.9% to 830
• Inventory decreased 0.5% to 10,664

FOR THE MONTH OF SEPTEMBER:

• Median Sales Price increased 2.6% to $390,000
• Days on Market increased 12.8% to 44
• Percent of Original List Price Received decreased 0.1% to 98.4%
• Months Supply of Homes For Sale decreased 3.4% to 2.8

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Rising housing costs have led many young adults to delay moving out of their parents’ homes. According to the 2023 American Community Survey (ACS), 19.2% of adults aged 25 to 34 lived with a parent or parent-in-law in 2023—approximately 8.5 million people. Although down from a peak of 22% in 2017-2018, the share of young adults living with parents remains elevated compared to 2000, when fewer than 12% did so.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING OCTOBER 11:

• New Listings decreased 4.3% to 1,343
• Pending Sales decreased 5.1% to 831
• Inventory decreased 0.2% to 10,659

FOR THE MONTH OF SEPTEMBER:

• Median Sales Price increased 2.6% to $390,000
• Days on Market increased 12.8% to 44
• Percent of Original List Price Received decreased 0.1% to 98.4%
• Months Supply of Homes For Sale decreased 3.4% to 2.8

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Nationally, the best time to buy a home is the week of October 12–18, according to a recent report from Realtor®.com. Historically, this week offers the most favorable conditions for buyers, with higher inventory levels, lower home prices, reduced competition, and a slower market pace. However, the optimal buying window varies across local markets. Some areas have already experienced peak buyer conditions, while others may not reach their ideal period until November or December.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING OCTOBER 4:

• New Listings decreased 4.4% to 1,409
• Pending Sales decreased 5.7% to 966
• Inventory remained flat at 10,688

FOR THE MONTH OF AUGUST:

• Median Sales Price increased 2.8% to $400,000
• Days on Market increased 5.0% to 42
• Percent of Original List Price Received remained flat at 98.7%
• Months Supply of Homes For Sale remained flat at 2.8

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.