10/23/2025
Nearly one in five American homes listed for sale reportedly saw a price cut in September, as rising inventory shifted more power to buyers.
The number of listings with price cuts reached 19.9%, unchanged from August but up modestly from last year. Homes priced between $350,000 and $500,000 saw the steepest markdowns at 21.6%, while luxury properties over $1 million were less likely to see reductions, at just 13.3%, according to a Thursday report from Realtor.com.
Home price reductions reached 19.9% of listings in September, with Denver, Portland and Indianapolis leading major metros in seller markdowns.