Key takeaways:

It’s a good time to sell your house if you price it correctly and are open to negotiation. Rising inventory favors buyers, but sellers can still get good offers in some markets. Selling now could help you avoid potential price drops if tariffs cause more market swings. It may be best to wait if you want top dollar or recently refinanced. If you’re thinking about selling, you’re not alone. But with today’s high mortgage rates keeping buyers on the sidelines, it’s fair to wonder if now is the right time. The typical monthly housing payment has reached nearly $2,900, and buyers need to earn $50,000 more than renters to afford a home. These costs have frozen the market, which will likely only marginally improve in 2025. 

On top of that, President Trump’s tariffs have created a volatile economy. Experts believe a recession, inflation, or both is more likely than not in the near future, which could spook buyers. What does this mean for sellers?

In short, there are always good reasons to sell your house – maybe you need to move or want to cash in on your home’s value. But is now the right time? Let’s dive into market trends to help you decide if you should sell your house now, or wait.