Will Home Prices Drop In 2025 California Department

Will Home Prices Drop In 2025 California Department. A persistent housing shortage and a competitive housing market will continue to put upward. The california median home price is forecast to rise by 4.6% in 2025, hitting $909,400.

That may not mean that prices remain high. The california median home price is forecast to rise 4.6 percent to $909,400 in 2025, following a projected 6.8 percent increase to $869,500 in 2024 from $814,000 in 2023.