In 2019, households that earn $ 75,000 could afford 48.8% of the home statements, but that number has since been clinged to 21.2%. For households that earn $ 100,000, the decrease between 2019 and 2025 is from 64.7% to 37.1%. Both are 27.6 percentage points drops.
The Nar report home that the problem is a lack of inventory. For the income bracket of $ 75,000 there is a shortage of 415,944 lists. For those who earn $ 50,000, it is a shortage of 366,924 and the deficit is 363,684 for the $ 100,000 income bracket.
The inventory of the house reached its low point in 2022 and the inventory has since risen to more historical level. According to data from Altos, The number of houses for sale has risen 32.4% year after year.
The increase in the inventory varies per metropolitan area, but it is mainly pronounced in Florida, where the jump in lists has not been reached with a similar increase in turnover.
Of the 10 metro markets with the largest percentage point increases in affordable offers for those who earn $ 100,000 between 2024 and 2025, five are in Florida, with Lakeland-Winter Haven leading the state with a jump of 8.5 points.
Two of the three with the highest percentage increases in affordable lists are in North Carolina-Durham-Chapel Hill (14.2 points) and Raleigh-Cary (6.8 points).
According to Altos Data, inventory in both North Carolina and Florida has risen by slightly less than 40% year after year.
On the other hand, some of the subways with the largest decrease in the share of affordable entries on markets that are generally considered affordable.
Toledo, Ohio has become an unexpected hotspot, with Altos data that stood with 24% since 2022, with the largest increases between cheaper houses. In 2024, Nar says that 75.5% of the home statements were affordable for households who earned $ 100,000, but that number has fallen to 70.3%.
New Haven, Connecticut had the largest percentage of the decrease in affordable offers on 9.9, followed by Harrisburg, Pennsylvania (8.7 points) and BOise City, Idaho (8.2 points).
