U.S. Housing Market Sees 37% More Sellers Than Buyers, Hitting Decade-High Imbalance

Rocket Companies Inc. has published a market analysis revealing that the U.S. housing market had 37.2% more home sellers than buyers in November, equating to over 529,000 more sellers. This marks the largest gap since records began in 2013, aside from this past summer, and is more than double the gap from a year earlier. According to Redfin, a market with over 10% more sellers than buyers is considered a buyer’s market, a condition that has persisted since May 2024. The analysis notes that high housing costs and economic uncertainty have led many buyers to back off, while sellers, many of whom also intend to buy, are withdrawing from the market due to weak demand. Some sellers are delisting their homes after prolonged periods without offers, while others are choosing not to list at all after seeing neighboring properties sell below asking price. Austin, Texas stands out as the strongest buyer’s market among the 50 largest U.S. metros, with 114% more sellers than buyers. In contrast, Nassau County, New York is the strongest seller’s market, with nearly 40% fewer sellers than buyers. The report highlights that buyers in these buyer’s markets generally have more negotiating power, though affordability remains a significant barrier for many Americans. Rocket Companies projects the housing market will remain in buyer’s market territory for the foreseeable future, with sellers likely to continue offering concessions to attract buyers. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251223174072) on December 23, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)