Home Prices Register Biggest Annual Increase in More Than a Year: Report

More sellers are entering the market, with active sales listings hitting the highest level since March 2020.

A home for sale in Austin, Texas, on April 24, 2025. Brandon Bell/Getty Images

The median home sales price in the United States jumped 2.4 percent in April from a year ago, the largest increase since March 2025, real estate brokerage Redfin said in a May 12 statement.

The company attributed the price increase to more buyers entering the housing market amid a stabilizing job market. In April, the United States added 115,000 jobs, well above the expected 62,000.