Rising housing costs have led many young adults to delay moving out of their parents’ homes. According to the 2023 American Community Survey (ACS), 19.2% of adults aged 25 to 34 lived with a parent or parent-in-law in 2023—approximately 8.5 million people. Although down from a peak of 22% in 2017-2018, the share of young adults living with parents remains elevated compared to 2000, when fewer than 12% did so.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING OCTOBER 11:

• New Listings decreased 4.3% to 1,343
• Pending Sales decreased 5.1% to 831
• Inventory decreased 0.2% to 10,659

FOR THE MONTH OF SEPTEMBER:

• Median Sales Price increased 2.6% to $390,000
• Days on Market increased 12.8% to 44
• Percent of Original List Price Received decreased 0.1% to 98.4%
• Months Supply of Homes For Sale decreased 3.4% to 2.8

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Nationally, the best time to buy a home is the week of October 12–18, according to a recent report from Realtor®.com. Historically, this week offers the most favorable conditions for buyers, with higher inventory levels, lower home prices, reduced competition, and a slower market pace. However, the optimal buying window varies across local markets. Some areas have already experienced peak buyer conditions, while others may not reach their ideal period until November or December.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING OCTOBER 4:

• New Listings decreased 4.4% to 1,409
• Pending Sales decreased 5.7% to 966
• Inventory remained flat at 10,688

FOR THE MONTH OF AUGUST:

• Median Sales Price increased 2.8% to $400,000
• Days on Market increased 5.0% to 42
• Percent of Original List Price Received remained flat at 98.7%
• Months Supply of Homes For Sale remained flat at 2.8

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

According to ATTOM’s Q2 2025 Home Equity and Underwater Report, 47.4% of mortgaged residential properties in the U.S. were considered equity-rich—defined as having at least 50% equity—in the second quarter of 2025. This marks an improvement from the first quarter, when 46.2% of mortgaged homes met that threshold, ending a trend of three consecutive quarterly declines.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING SEPTEMBER 27:

• New Listings decreased 5.7% to 1,293
• Pending Sales decreased 6.0% to 870
• Inventory increased 0.2% to 10,763

FOR THE MONTH OF AUGUST:

• Median Sales Price increased 2.8% to $400,000
• Days on Market increased 5.0% to 42
• Percent of Original List Price Received remained flat at 98.7%
• Months Supply of Homes For Sale remained flat at 2.8

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.