Right now, the housing market is split. In some states, buyers are starting to get the advantage, while in others, sellers still hold the upper hand. It really comes down to your location. Wondering how things are shaping up in your state?

These three maps illustrate how the split is unfolding across the country. In each one:

• Darker Shades of Blue = Buyer friendly

• Lighter Shades of Blue = Seller strong

Inventory Sets the Stage

Although more homes are available for sale overall, the amount of growth varies a lot depending on your location. This difference plays a big role in determining who has the upper hand in today’s market.

• The areas in darker blue highlight where there’s been a bigger increase in inventory compared to other parts of the country. Buyers in these spots have more options to pick from and generally find it easier to negotiate and secure a home.

• The lighter blue areas show where there aren’t many homes available. In these spots, sellers tend to sell faster and usually don’t have to make many concessions.

Prices Follow Inventory

The second map shows how home prices are changing across different states. Just like the first map, you can spot a clear divide. Many of the same regions appear darker blue, reflecting the strong connection between inventory levels and prices. When inventory goes up, prices tend to level out.

When more homes are available, prices tend to level off.

• The darker blue areas show where prices are either dipping a bit or staying steady. With more homes on the market, sellers might need to lower their prices or offer incentives to close a deal. This works out well for buyers who are watching their budgets.

• The lighter blue areas indicate places where prices are still going up due to limited inventory. Sellers in these spots might notice buyers competing for homes, which drives prices even higher.

Time on Market Tells the Same Story

So, here’s how fast homes are selling across the states. Notice the colors? Most of the darker blues tend to be concentrated in the southern part of the country. Let me explain why that’s happening.

Usually, when there are more homes available, they tend to stay on the market longer. That’s why in neighborhoods with a higher number of listings, you often see houses taking more time to sell.

• The darker blues indicate areas where homes are sitting on the market for a longer time. This means buyers have more time and options to choose from, while sellers might need to rethink their expectations.

• The lighter blue areas show where homes are still selling fast. Sellers there might feel more confident, and buyers should be ready to move quickly.

This helps explain why sellers in those darker blue states might be feeling frustrated with their homes sitting on the market longer, while sellers in the lighter blue states with tighter markets are still seeing their homes sell fast.

Why an Agent’s Local Expertise Is the Key To Unlocking Today’s Market

The housing market is pretty split right now, and what you’ll see depends a lot on where you live, where you’re planning to move, and whether you’re buying or selling. Statewide data gives a general idea, but the real details come down to what’s happening in your specific town and neighborhood. That’s why working with a local agent is so important—they know the local market inside and out.

Bottom Line

Curious about the current market conditions in your neighborhood?

If you’re trying to figure out where you stand in the market, let’s chat. We can go over the numbers together and see what they mean for your next step.