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U.S. Housing Market Flat; California Prices Surge 396%

10/26/2025

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Summary

Story summary

The U.S. real estate market remains mixed, with overall values flat and Redfin forecasting a 1% decline by end of 2025.
As of September 2025, the typical home value was $364,891, unchanged from the previous year.
Realtor.com analysis shows California led surges, with San Jose prices up 396% since 1975.
Midwest and South cities posted minimal growth, with Memphis and Cleveland up about 2%.

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Story summary

The U.S. real estate market remains mixed, with overall values flat and Redfin forecasting a 1% decline by end of 2025.
As of September 2025, the typical home value was $364,891, unchanged from the previous year.
Realtor.com analysis shows California led surges, with San Jose prices up 396% since 1975.
Midwest and South cities posted minimal growth, with Memphis and Cleveland up about 2%.