October Is Prime Time To Buy A Home

A new study from realtor.com® pinpoints why this fall may offer a hidden sweet spot for your home buyers. The month of October is prime time to make an offer on a home.

Mark your calendars: The week of Oct. 12-18, as well as its surrounding weeks, could offer your home buyers a prime time to make an offer on a home.

A new study from realtor.com® finds the week offers a rare trifecta—more listings, lower prices and less competition—creating an ideal moment for agents to help home shoppers to make their move.

Greater housing options may be just the catalyst needed to get buyers off the sidelines this fall. Compared with recent years, they now have more choices—and more bargaining power.

“I expect this market momentum shift to magnify typical seasonal trends that favor home buyers in the fall,” says Danielle Hale, realtor.com®’s chief economist. According to realtor.com®’s data, the particular week of Oct. 12-18 could bring buyers not only more homes to choose among and fewer competing shoppers, but also potential average savings of more than $15,000 compared to this summer’s peak prices.

“In a year that’s been the most buyer-friendly in nearly a decade, it’s the best window of opportunity for home buyers all year,” Hale says. Plus, after a slower-than-usual summer for home sales, buyer demand may be poised for a rebound if mortgage rates continue to ease and home price increases slow.

6 Reasons to Buy A HomeThis Fall

While the market has not yet tipped into a full “buyer’s market,” conditions are more balanced than they have been in years, Hale says. “This represents a significant shift after a period of historically tight supply and intense competition that left many home shoppers priced out,” she notes.

Here’s what the realtor.com® data shows tilting in buyers’ favor this fall—especially during the week of Oct. 12-18 for the majority of housing markets across the country.

1. More listings

Inventory levels typically peak in early fall, but this year the number of homes for-sale has reached the highest point since the pandemic. Active listings climbed above 1 million in late spring—a milestone not seen in years, according to realtor.com®.

During the week of Oct. 12-18, buyers could see up to 33% more active listings than at the start of the year.

“This increase is giving buyers something they haven’t had in years: breathing room,” Hale notes in a recent column at realtor.com®. “More choices mean less pressure to rush into a decision or waive contingencies, and greater opportunity to find a home that fits both lifestyle and budget.”

2. Lower prices

Listing prices during the week of Oct. 12-18 typically run about 3.4% below the seasonal peak. That could translate into potential savings of more than $15,000 on a median-priced home of $439,450, realtor.com®’s data shows.

3. Greater chance of price cuts

About 5.5% of homes tend to see price reductions during that week, according to realtor.com®’s research. And economists say recent trends suggest even more discounted listings could emerge this fall. (Read more: Listing Price Reduction? How to Navigate It With Buyers, Sellers)

4. Less competition

Buyer demand has cooled in 2025 as affordability challenges and elevated mortgage rates weigh on the market. If this October follows typical patterns, however, competition could be about 31% lower than during the peak season, easing pressure on buyers to make rushed offers.

5. A slower pace of sales

Homes are taking longer to sell—another sign buyers have more time to make decisions. The U.S. median time on the market surpassed pre-pandemic norms this summer. In October, homes typically spend about two weeks longer on the market compared with the peak season.

Still, certain homes continue to attract strong attention, with the average listing nationally drawing 2.1 offers in July and 21% of homes still selling for above the asking price, according to the latest REALTOR® Confidence Index.

6. More newly listed homes

Besides higher overall inventory, mid-October also tends to bring a wave of new listings. About 16% more homes typically debut this time of year, giving buyers additional

opportunities to find a match.

Timing the Market?

While fall generally brings better deals for buyers, the “best time to buy” ultimately depends on local market dynamics—especially as affordability challenges continue to shape where and how people move.

Check out the study for insight on your market’s projected “best time to buy” dates.

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SOURCE: Melissa Dittman Tracey for the National Association of Realtors