Is the Housing Market Starting To Balance Out?

Is the Housing Market Starting To Balance Out?

For years, sellers have dominated the housing market. Low inventory and high demand made it tough for buyers to get their offers accepted. But now, inventory is increasing, and the market is starting to shift.

Is the Market Finally Balancing Out?

And does this mean buyers will have an easier time? Here’s what to know:

What Defines a Buyer’s or Seller’s Market?

It depends on the number of homes for sale versus the number of buyers. That balance determines who has more leverage.

• Seller’s Market: More buyers than homes. Sellers have the advantage, leading to higher prices, multiple offers, and fast sales—often above asking price.
• Buyer’s Market: More homes than buyers. Buyers have the upper hand, so sellers may need to offer concessions and negotiate more to close a deal.

Data from the National Association of Realtors (NAR) shows how this trend has played out over time:

Where the Market Stands Now

It’s still a seller’s market in many areas, but buyers in some locations have more leverage than they’ve had in years. This shift is due to the recent increase in inventory. As Lance Lambert, Co-Founder of ResiClub, explains:

"Among the nation’s 200 largest metro area housing markets, 41 markets ended January 2025 with more active homes for sale than they had in pre-pandemic January 2019. These are the places where homebuyers will be able to find the most leverage or market balance in 2025."

Here’s an overview of some of the strongest seller’s and buyer’s markets today, based on that research:

Do you know how to adjust your plans based on who holds the most negotiating power? An agent does.

Smart strategies can simplify buying in a seller’s market—and selling in a buyer’s market. That’s why hiring a pro matters. A local agent knows the market inside and out, understands the supply and demand balance, and knows how to close a deal in any market. So, whether your town is on the list or not, having a skilled agent gives you an advantage.

With their expertise, you can plan ahead and succeed—no matter the market conditions.

Bottom Line

With inventory increasing, the market may be starting to balance out—but it depends on your location.

Curious about who holds the advantage in our area? Let’s connect and find out.