Housing Market 2024 Forecast

Housing Market 2024 Forecast. Housing inventory will likely still be low. Due to solid housing demand but lean inventory, we expect upward home price pressure and forecast home prices to increase 0.5% in 2024 and in 2025.

Zillow forecasts home values will end 2024 up 0.4% on the year, and tick down 1.4% through may 2025. Annual median home prices are expected to remain largely.