![Is It Still a Seller's Market? Here's What the Data Says. Remember a few years back when sellers held all the power and buyers were stuck offering way over asking or waiving inspections just to get a chance at the house? In many markets, those days are behind us. While it’s going to vary by area, more metros are slowly shifting to favor buyers, and the market is starting to look a lot more like a two-way street again. And that balance is something we haven’t had in a while. Whether you're buying or selling, here's what you need to know about what's changing and what it means for your move. The Most Buyer-Friendly Market in YearsThe national data tells an interesting story right now. According to Realtor.com: "The national housing market is balanced but gradually loosening as the cycle moves in a more buyer-friendly direction . . ." That’s because, over the past few years, more and more metros have been flipping back to more buyer-friendly terms as inventory’s grown. And when you zoom in on the latest Realtor.com data for the top 50 metro markets over time, the trend becomes really clear (see graph below). Back in 2021, almost all major metros were seller's markets. By the end of 2025, only 1 in 3 still favored sellers. That's an obvious shift. And that changes how the market is going to feel for everyone. Sellers shouldn’t still expect 2021 conditions, but neither should buyers. At least, not generally speaking. It’s Not the Same Story EverywhereThat said, who has the power ultimately depends on where you live. While more metros are leaning buyer-friendly lately, there are still plenty of strong seller's markets right now, too. It really comes down to how much housing supply and demand there is in your area. And that varies enormously by region. Sun Belt cities like Austin, Tampa, and San Antonio saw major building booms in recent years, giving buyers more options and more negotiating room. Meanwhile, cities in the Northeast and Midwest – think Rochester, Hartford, and Buffalo – didn't see that same wave, so inventory stayed tight and competition stayed fierce. As Jeff Ostrowski, Housing Analyst at Bankrate, explains: “The formerly hot Sun Belt markets have cooled, while the Northeast and Midwest have stayed hot. The big driver here is construction activity. The softest markets now [have] experienced big booms that spurred new building, and that has led to a large supply of new and existing homes on the market in those places.” Practical Advice for Your MoveTo find out who has the power in your local market, talk to an agent. Because knowing what’s happening locally is going to be the key to setting the right strategy for your move. If the market is working in your favor, great. Lean in and use it to your benefit. But if it’s not, all hope isn’t lost. Your agent can help you figure out how to approach any market. Here's some practical advice if there’s a mismatch between your goal and local market conditions. If you're buying in a seller's market: - Get pre-approved before you start shopping. It shows sellers you're serious. - Be ready to act fast when the right home hits the market. - Consider offering a quick closing date or flexible terms. - Work closely with your agent to craft a competitive offer. If you're selling in a buyer's market: - Price it right from day one. Overpricing will cost you time and money. - Focus on curb appeal and staging to stand out in areas with more inventory. - Be open to offering incentives, like covering closing costs or a home warranty. - Expect buyers to negotiate and be ready to be flexible. Bottom LineRight now, local markets are moving in very different directions. And your strategy as a buyer or seller should reflect your market. Is It Still a Seller's Market? Here's What the Data Says.](https://alstonhomes.com/wp-content/uploads/6-18-26-218x150.png "Is It Still a Seller’s Market? Here’s What the Data Says.")
During house-hunting, it isn’t just the house itself that you have to consider. The property’s location still plays an important role, especially its surrounding areas and the neighborhood. A home’s proximity to a school will likely be one of the many factors you consider, whether or not you have children.
If you’re interested in a home near a school, you should understand how it might affect your day-to-day living situation. With school in session 180 days a year, you should weigh the advantages and disadvantages before deciding. To help with your homework, here are some pros and cons to consider before buying a home near a school.
PROS
School drop-off and pick-up can get chaotic and dreadful. The line of cars moves slowly, wasting so much of your time, especially during mornings. Just as you’d factor in a work commute, if you have children, you should also consider how long the car line will take when dropping them off at school. While the school bus can also be a convenient option, it may mean that your kids need to get ready early so they won’t miss it. Living close to their school means you can skip the drive and just walk, getting that much-needed exercise as a huge bonus. Your mornings will be easier and faster, and your kids can get home quickly after a school day.
Schools prioritize safety. Many schools have tight security measures around their campuses. Police and local law enforcement also have a more active presence near schools and surrounding neighborhoods. If you’re a home buyer who is looking for a safe community, living near a school or within a school district can be beneficial for you. Of course, this might not apply to every single community, so don’t forget to check the local crime maps to verify information about neighborhood safety in general.
Schools, especially in small towns, usually have a track or a playground that can be accessed after the school day ends. Even if the children don’t attend school, they could play at the school park just like they would at a public park. This could include swings, monkey bars, basketball courts, and track and field, among others. It’s a great resource to have close to your home since it encourages your kids to spend time outside and be active. Just do your homework before choosing a home based on this information since larger school districts often set their school grounds off-limits to the general public.
Schools also promote a sense of community, often providing social activities for children and adults alike. Weekend community markets, craft fairs, and sporting events are just some of the things you could look forward to participating in and enjoying when a school is near your home. In small neighborhoods, schools also serve as community centers in addition to providing educational services, so you can expect to see adult education classes or club activities post-school hours.
Expect that homes near what is considered a good or excellent school district have a higher price tag when you buy. If the house is within walking distance of the school, it’s even more desirable to parents and families and often has a higher resale value.
CONS
One of the biggest issues when it comes to living near a school is limited street parking. Unless there’s a large parking lot on the campus, school staff, parents, and students might park all along the street during the school day or special events in the evening. When house-hunting, you might want to look for a home with a spacious driveway or prepare to be amenable when the majority of people park on the street.
Let’s face it: schools are noisy. Living near a school can expose you to all kinds of noises—loud cheers during sporting practices, PA system broadcasts, and band practices, among others. Living right next door or across the street means noise can be a nuisance, so don’t forget to factor in noise when looking for a home near a school.
Similar to parking issues, living near a school can mean dealing with heavy traffic. Expect idling cars of parents or guardians, buses shuttling kids to and from school, and traffic issues during special events such as plays, sports games, and parent-teacher conferences. Car crashes are also frequent since many students new to driving are more likely to have accidents. So before buying a home near a school, consider traffic and assess whether it’s a dealbreaker for you. You might need to plan before running errands or visiting places so you won’t get stuck on the road during the school’s rush hours.
Last but not least, living near a school means you’ll see a large volume of children all over the neighborhood, especially during after-school hours. The problem is that some kids might even loiter or trespass on your yard, sometimes unintentionally since they might not yet understand that they should keep off other people’s property.
Bottom line
As with any location, living near a school or within a school district has its pros and cons. Can you tolerate the noise levels and prioritize safety for your kids? Will you be okay even if there isn’t enough parking space? Do your homework and weigh all of the pros and cons carefully before making your decision.
