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	<title>2024 real estate statistics Archives - PhotoUp</title>
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		<title>The Ultimate List of Real Estate Statistics That Will Shape 2026</title>
		<link>https://www.photoup.net/learn/the-ultimate-list-of-real-estate-statistics</link>
					<comments>https://www.photoup.net/learn/the-ultimate-list-of-real-estate-statistics#respond</comments>
		
		<dc:creator><![CDATA[Gregory Gronbacher]]></dc:creator>
		<pubDate>Tue, 28 Dec 2021 01:00:00 +0000</pubDate>
				<category><![CDATA[Helpful Tips]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Real Estate Photography]]></category>
		<category><![CDATA[Realtors]]></category>
		<category><![CDATA[2021 real estate statistics]]></category>
		<category><![CDATA[2022 real estate statistics]]></category>
		<category><![CDATA[2023 real estate statistics]]></category>
		<category><![CDATA[2024 real estate statistics]]></category>
		<category><![CDATA[real estate statistics]]></category>
		<category><![CDATA[real estate statistics in 2022]]></category>
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					<description><![CDATA[Understanding the common market trends can help you position yourself for a strong 2026. Learn the 5 sets of hot real estate statistics from 2025 that will drive your sales in the new year.]]></description>
										<content:encoded><![CDATA[
<p id="h-learn-about-5-sets-of-hot-real-estate-statistics-from-2021-that-will-drive-your-sales-in-the-new-year">Learn the 6 sets of hot real estate statistics that will drive your sales in the new year.</p>



<p class="custom-text" id="h-real-estate-statistics-show-that-the-housing-market-is-dynamic-and-always-changing-every-city-state-and-metropolitan-area-is-unique-in-terms-of-its-own-real-estate-trends-yet-many-of-the-widespread-trends-of-2021-will-shape-the-market-in-2022-for-most-of-us" style="font-size:28px">Real estate statistics show that the housing market is dynamic and always changing. Every city, state, and metropolitan area is unique in terms of its own real estate trends. Yet many of the widespread trends of 2025 will shape the market in 2026 for most of us.</p>



<p>Understanding the common market trends can help you position yourself for a strong 2026. So in this post, we&#8217;ll share the top 5 sets of real estate statistics that will help you do just that.</p>



<p>Alright, let&#8217;s dive in!</p>



<h2 class="wp-block-heading" id="h-top-6-sets-of-hot-real-estate-statistics">Top 6 Sets of Hot Real Estate Statistics </h2>



<figure class="wp-block-image size-full"><img fetchpriority="high" decoding="async" width="1278" height="718" src="https://cdn-wp.photoup.net/wp-content/uploads/2020/12/03091948/Virtual-Staging-Home-Office-e1653442713809.jpg" alt="" class="wp-image-5066" srcset="https://cdn-wp.photoup.net/wp-content/uploads/2020/12/03091948/Virtual-Staging-Home-Office-e1653442713809.jpg 1278w, https://cdn-wp.photoup.net/wp-content/uploads/2020/12/03091948/Virtual-Staging-Home-Office-e1653442713809-300x169.jpg 300w, https://cdn-wp.photoup.net/wp-content/uploads/2020/12/03091948/Virtual-Staging-Home-Office-e1653442713809-1024x575.jpg 1024w, https://cdn-wp.photoup.net/wp-content/uploads/2020/12/03091948/Virtual-Staging-Home-Office-e1653442713809-768x431.jpg 768w" sizes="(max-width: 1278px) 100vw, 1278px" /></figure>



<p>Let’s explore the top 6 sets of statistics that will drive your sales for the new year and help you better navigate the 2026 real estate market: </p>



<h3 class="wp-block-heading" id="h-1-real-estate-statistics-show-rising-home-prices">1. Real Estate Statistics Show Rising Home Prices</h3>



<p>The most dramatic set of real statistics were those that showed sharply rising home prices:&nbsp;</p>



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<li>The Federal Housing Finance Agency reported that home prices were up over <a href="https://www.fhfa.gov/news/news-release/u.s.-house-prices-rise-4.3-percent-over-the-prior-year-up-0.7-percent-from-the-second-quarter-of-2024" target="_blank" rel="noreferrer noopener nofollow">4.3%</a> over the last year</li>



<li>Homes in the Western and Mountain states show the most dramatic increases. Values in these states increased by a shocking <a href="https://milkeninstitute.org/sites/default/files/2021-04/Best-Performing-Cities-2021.pdf" target="_blank" rel="noreferrer noopener">25.6%</a></li>



<li>Home values skyrocketed fueled by extremely strong buyer demand, low inventory, and historically low mortgage rates</li>



<li>As we head into 2026, the National Association of Realtors (NAR) expects that this year will become a year of <a href="https://www.nar.realtor/magazine/real-estate-news/2023-real-estate-forecast-market-to-regain-normalcy" target="_blank" rel="noreferrer noopener nofollow">long-lost normalcy</a> returning to the market. Next year, mortgage rates are expected to stabilize while home sales and prices moderate after recent highs</li>



<li>In 2026, home affordability likely will continue to be an issue for many potential owners</li>
</ul>
</div>
</div>


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<h3 class="wp-block-heading" id="h-2-increased-buyer-demand-and-competition">2. Increased Buyer Demand and Competition</h3>



<figure class="wp-block-image size-full"><img decoding="async" width="770" height="433" src="https://cdn-wp.photoup.net/wp-content/uploads/2021/12/22012900/home-buyer-demand-e1653442817454.jpg" alt="" class="wp-image-10066" srcset="https://cdn-wp.photoup.net/wp-content/uploads/2021/12/22012900/home-buyer-demand-e1653442817454.jpg 770w, https://cdn-wp.photoup.net/wp-content/uploads/2021/12/22012900/home-buyer-demand-e1653442817454-300x169.jpg 300w, https://cdn-wp.photoup.net/wp-content/uploads/2021/12/22012900/home-buyer-demand-e1653442817454-768x432.jpg 768w" sizes="(max-width: 770px) 100vw, 770px" /></figure>



<p>During the red hot real estate market of 2021, multiple offers on a house were common. In fact, it wasn’t uncommon for a home in good condition and properly priced to receive 10 or more offers. </p>



<p>However, in 2025, the market will look totally different. Here are statistics that support the cooling housing market:</p>



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<li>Bidding wars are dropping as mortgage rates surge. In September 2022, they were at their <a href="https://www.redfin.com/news/real-estate-bidding-wars-august-2022/" target="_blank" rel="noreferrer noopener nofollow">lowest levels</a> since April 2020</li>



<li><a href="https://www.redfin.com/news/real-estate-bidding-wars-august-2022/" target="_blank" rel="noreferrer noopener nofollow">6%</a> mortgage rates price buyers out of the market</li>



<li>According to the&nbsp;Mortgage Bankers Association, the mortgage credit availability Index MCAI rose by <a href="https://newslink.mba.org/mba-newslinks/2022/december/mba-newslink-friday-dec-9-2022/mba-mortgage-credit-availability-up-for-1st-time-in-9-months/" target="_blank" rel="noreferrer noopener nofollow">1.4% to 103.4%</a> in November 2022</li>
</ul>
</div>
</div>



<p>This points to tightening lending standards, making it more expensive to get a&nbsp;mortgage loan, therefore resulting in fewer buyers and offers. </p>



<h3 class="wp-block-heading" id="h-3-real-estate-statistics-show-the-importance-of-home-staging">3. Real Estate Statistics Show the Importance of Home Staging</h3>



<p>2023 and 2024 real estate statistics showed the vital importance of home staging to maximize a home’s sale.&nbsp;</p>



<p>Buyers scroll through dozens, even hundreds, of online listings in search of one that speaks to them. </p>



<p>And buyers may not notice your listing if they can’t put the home’s space into full perspective, which these data support:&nbsp;</p>



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<li>For instance, did you know that <a href="https://www.nar.realtor/sites/default/files/documents/2019-profile-of-home-staging-03-14-2019.pdf" target="_blank" rel="noreferrer noopener">28%</a> of home seller&#8217;s agents say that they stage all homes before listing?</li>



<li>And <a href="https://www.thezebra.com/resources/research/home-staging-statistics/#:~:text=Staging%20the%20living%20room%20was,they%20have%20seen%20staged%20online" target="_blank" rel="noreferrer noopener nofollow">40%</a> of buyers arrange to look at the home they have seen staged online</li>



<li>According to the&nbsp;National Association of Realtors (NAR) 2021 Profile of Home Staging, <a href="https://www.nar.realtor/sites/default/files/documents/2019-profile-of-home-staging-03-14-2019.pdf" target="_blank" rel="noreferrer noopener">82%</a> of buyer&#8217;s agents say staging makes it easier for buyers to visualize a property as their future home &nbsp;</li>



<li>Additionally, a staged home will sell for <a href="https://outcoast.com/how-to-stage-your-florida-home-to-sell/#:~:text=A%20staged%20home%20will%20sell,than%20non%2Dstaged%20homes.%E2%80%9D" target="_blank" rel="noreferrer noopener nofollow">17% </a>more on average than a non-staged home, and 95% of staged homes sell in 11 days or less. That is statistically 87% faster than non-staged homes</li>



<li>Realtor.com finds that on average, staged homes sell <a href="https://outcoast.com/how-to-stage-your-florida-home-to-sell/#:~:text=A%20staged%20home%20will%20sell,than%20non%2Dstaged%20homes.%E2%80%9D" target="_blank" rel="noreferrer noopener nofollow">88%</a> faster and for 20% more than nonstaged homes</li>



<li>And <a href="https://www.realestatestagingassociation.com/content.aspx?page_id=22&amp;club_id=304550&amp;module_id=164548" target="_blank" rel="noreferrer noopener">85%</a> of staged homes sold for 5% to 23% percent over list price when being staged</li>



<li>Lastly, staging the living room was found to be very important for buyers (<a href="https://www.thezebra.com/resources/research/home-staging-statistics/#:~:text=Staging%20the%20living%20room%20was,they%20have%20seen%20staged%20online" target="_blank" rel="noreferrer noopener nofollow">46%</a>), followed by staging the master bedroom (43%), and staging the kitchen (35%)</li>
</ul>
</div>
</div>



<h3 class="wp-block-heading" id="h-4-virtual-staging-attracts-home-buyers-attention"><br>4. Virtual Staging Attracts Home Buyers&#8217; Attention</h3>



<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="685" src="https://cdn-wp.photoup.net/wp-content/uploads/2021/08/10183648/after-virtual-staging-real-estate-by-photoup-1-1024x685.jpeg" alt="Before virtual staging real estate by photoup" class="wp-image-7994" srcset="https://cdn-wp.photoup.net/wp-content/uploads/2021/08/10183648/after-virtual-staging-real-estate-by-photoup-1-1024x685.jpeg 1024w, https://cdn-wp.photoup.net/wp-content/uploads/2021/08/10183648/after-virtual-staging-real-estate-by-photoup-1-300x201.jpeg 300w, https://cdn-wp.photoup.net/wp-content/uploads/2021/08/10183648/after-virtual-staging-real-estate-by-photoup-1-768x513.jpeg 768w, https://cdn-wp.photoup.net/wp-content/uploads/2021/08/10183648/after-virtual-staging-real-estate-by-photoup-1.jpeg 1300w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Before virtual staging by PhotoUp</figcaption></figure>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="685" src="https://cdn-wp.photoup.net/wp-content/uploads/2021/08/10183637/before-virtual-staging-2-1024x685.jpeg" alt="After virtual staging by PhotoUp" class="wp-image-7993" srcset="https://cdn-wp.photoup.net/wp-content/uploads/2021/08/10183637/before-virtual-staging-2-1024x685.jpeg 1024w, https://cdn-wp.photoup.net/wp-content/uploads/2021/08/10183637/before-virtual-staging-2-300x201.jpeg 300w, https://cdn-wp.photoup.net/wp-content/uploads/2021/08/10183637/before-virtual-staging-2-768x513.jpeg 768w, https://cdn-wp.photoup.net/wp-content/uploads/2021/08/10183637/before-virtual-staging-2.jpeg 1300w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">After virtual staging by PhotoUp</figcaption></figure>



<p>Enhancing listing photos with <a href="https://www.photoup.net/ai-virtual-staging">virtual staging</a> ensures that buyers take notice.</p>



<p>Virtual staging transforms a space into an inviting home, fully digitally furnished according to the design preferences of today’s buyers.&nbsp;</p>



<p>It helps sell homes by providing every room with the look and style you&#8217;d find in a magazine, which, in turn, will help sell a property for more money. </p>



<p>To better illustrate this, here&#8217;s a sample of virtual staging statistics:</p>



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<li>In 2024,&nbsp;<a href="https://www.statista.com/statistics/507513/frequency-of-internet-use-for-home-searching-usa-by-age-group/" target="_blank" rel="noreferrer noopener nofollow">99%</a>&nbsp;of home buyers between the ages of 24 and 57 used the internet to find homes in their home-buying process</li>



<li>Among the oldest generation, 77 to 97-year-olds, <a href="https://www.statista.com/statistics/507513/frequency-of-internet-use-for-home-searching-usa-by-age-group/" target="_blank" rel="noreferrer noopener nofollow">84%</a> of people used the internet during the homebuying process</li>



<li>Vacant homes sell for an average of <a href="https://www.redfin.com/news/vacant-homes-sell-for-less-money/" target="_blank" rel="noreferrer noopener nofollow">$11,306</a> less and spend six more days on market compared to staged and virtually staged homes</li>



<li>Virtual staging can reduce the cost of staging by up to <a href="https://www.lcp360.com/blog/virtual-staging-statistics" target="_blank" rel="noreferrer noopener nofollow">97%</a></li>



<li>More than <a href="https://www.nar.realtor/newsroom/nar-finds-home-staging-helps-buyers-visualize-homes-sell-faster" target="_blank" rel="noreferrer noopener nofollow">7 in 10</a> agents find videos, virtual staging, and virtual tours more important since the start of the COVID-19 pandemic</li>
</ul>
</div>
</div>



<p>The virtual staging process can take an empty, cluttered, or drab interior and show buyers how fantastic it could look after decorating or renovating.&nbsp;</p>



<p>All you need to do is <a href="https://onboarding.photoup.net/signup">sign up with PhotoUp</a>, upload the photos of your vacant rooms, and our advanced AI technology will return your staged images in just 1 to 2 minutes.</p>



<p>Best of all, you choose the <a href="https://www.photoup.net/virtual-staging/explore-room-styles">design and decorative details</a> that you want to be put into each of the rooms.&nbsp;</p>



<h3 class="wp-block-heading" id="h-5-3d-virtual-tours-sell-houses">5. 3D Virtual Tours Sell Houses</h3>



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<iframe loading="lazy" width="100%" height="100%" style="min-height: 500px;" src="https://vt.photoup.net/RRSR/948-summit-avenue/embed" title="Virtual Tour" frameborder="0" allowfullscreen></iframe>
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</div>



<div style="height:25px" aria-hidden="true" class="wp-block-spacer"></div>



<p>For buyers, their dream home is just a click away and the search has never been easier. Listing agents must ensure that buyers can fully and accurately visualize the home online.&nbsp;</p>



<p>Compelling online marketing is now essential, including high-quality photos and including <a href="https://www.photoup.net/virtual-house-tours">3D virtual tours</a><strong><em>.&nbsp;</em></strong></p>



<p>In fact, <a href="https://www.hometrack.net/blog/sell-homes-faster-and-at-a-higher-price-with-3d-tours" target="_blank" rel="noreferrer noopener nofollow">2</a> separate studies reveal that listings featuring a&nbsp;3D virtual tour&nbsp;tend to sell for a higher price and spend less time on the market. </p>



<p>Buyers love 3D virtual tours because they allow them to preview just about every room from every angle. </p>



<p>Real estate statistics clearly show that a growing number of buyers will only view a home if they like how it looks online.</p>



<p>Therefore, having a <a href="https://www.photoup.net/learn/how-to-use-a-virtual-apartment-tour-to-sell-your-listing-faster">3D virtual tour</a> of the home is increasingly essential to driving traffic to your listings. </p>


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<h2 class="wp-block-heading" id="h-are-you-ready-for-2025">Are You Ready for 2025?</h2>



<p>So, are you ready for 2025 yet? Before you answer that question, let us take a closer look at Zillow&#8217;s home value growth statistics and price predictions:</p>



<div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex">
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<li>Zillow&#8217;s 2025 forecast calls for home values to grow <a href="https://www.zillow.com/research/2025-housing-predictions-34620/" target="_blank" rel="noreferrer noopener nofollow">2.6%</a>. Predicting how mortgage rates will move is a nearly impossible task, but recent inflation news gives the impression that rates are likely to hold fairly steady as well in the coming months</li>



<li>For existing home sales, Zillow forecasts <a href="https://www.zillow.com/research/2025-housing-predictions-34620/" target="_blank" rel="noreferrer noopener nofollow">4.3 million</a> in the coming year, up slightly from 4.1 million in 2023 and a projected 4 million in 2024</li>



<li>Inventory is ticking up as well in 2025. Pending home sales grew for a fourth straight month,&nbsp;up <a href="https://www.nar.realtor/research-and-statistics/housing-statistics/pending-home-sales" target="_blank" rel="noreferrer noopener nofollow">2.2%</a> in November, according to an index by the National Association of Realtors</li>



<li>The majority of the panel (<a href="https://www.zillow.com/research/zhpe-q3-2022-buyers-market-31481/" target="_blank" rel="noreferrer noopener nofollow">56%</a>) expects a significant shift in buyers’ favor by sometime next year. Another 24% predicted that shift would come in 2024, 13% pointed to 2025, and just 8% expect it after 2025</li>
</ul>
</div>
</div>



<p>Despite the hot market that the pandemic caused, overall, the trends for 2026 point toward a calmer market.</p>



<p>This year&#8217;s trends will include home affordability, too high rents and interest rates. </p>



<p>Now that you know how 2025 played out, you can better prepare for the future. Still, the housing market is always changing.</p>



<p>So, <a href="https://onboarding.photoup.net/signup">get started with PhotoUp today</a>, and we&#8217;ll help you stay up to date with the <a href="https://www.photoup.net/learn/real-estate-marketing-trends">latest trends and marketing tools</a> in real estate.&nbsp;</p>



<p>We hope this post gave you insights into the top 5 sets of hot real estate statistics that will shape 2025. If you enjoyed reading this post, you may also want to check out the following resources:</p>



<div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex">
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<li><strong><a href="https://www.photoup.net/learn/real-estate-marketing-trends">2026 Real Estate Marketing Trends: What’s New?</a></strong></li>



<li><strong><a href="https://www.photoup.net/learn/outsource-real-estate-marketing-or-do-it-yourself">Outsource Real Estate Marketing Or Do It Yourself?</a></strong></li>



<li><strong><a href="https://www.photoup.net/learn/real-estate-marketing-tools-that-increase-leads">Real Estate Marketing Tools That Increase Leads</a></strong></li>



<li><strong><a href="https://www.photoup.net/learn/how-to-virtually-stage-a-room">How To Virtually Stage A Room In Less Than 5 Minutes</a></strong></li>



<li><strong><a href="https://www.photoup.net/learn/single-property-websites-improve-your-real-estate-marketing">How Can A Single Property Website Improve Your Real Estate Marketing?</a></strong></li>
</ul>


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                        <p class="bold add-top-2">Gregory Gronbacher</p>
                        <p>Real Estate Sales Agent / Professional Blogger</p>
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                                                    <p class="content">Gregory is a real estate sales agent and a state-certified instructor of real estate licensing and law. Originally from New York City, he's called Grand Rapids, Michigan home since 1995.</p>
                                                            <a href="https://www.linkedin.com/in/gregory-gronbacher/" class="opt-link add-top" rel="noopener noreferrer" target="_blank">Connect with Gregory</a>
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