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Home Prices Expected to Drop: Best Week to Buy!

10/5/2025

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Summary

Story summary

Realtor.com identifies Oct 12–18 as the optimal week for U.S. home buying, varying by city.
The median home price is expected to drop by over $15,000 from summer highs.
Early fall generally favors purchases, though school schedules can shift timing.
High prices and mortgage rates of 6–7% keep demand weak, constraining supply.

History

Historical Context

The U.S. housing market crisis, triggered by the bursting of the housing bubble in 2006, saw median home prices plummet over 30% by 2008. Contributing factors included lax lending standards and a surge in subprime mortgages, which rose to $1.3 trillion. Today, high mortgage rates of 6-7% reflect ongoing market challenges stemming from this crisis, impacting buyer demand and home values.

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Story summary

Realtor.com identifies Oct 12–18 as the optimal week for U.S. home buying, varying by city.
The median home price is expected to drop by over $15,000 from summer highs.
Early fall generally favors purchases, though school schedules can shift timing.
High prices and mortgage rates of 6–7% keep demand weak, constraining supply.

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