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2025 U.S. real estate predictions
Zillow predicted a more active market with additional inventory for 2025, giving buyers more room to negotiate. However, homebuyers should expect some turbulence with fluctuating mortgage rates, even as more homes become available. Alana Mann, President of The Statesman Group of Companies, joined LiveNOW from FOX to discuss.
New data reveals that cities in Missouri, Texas and Indiana have the highest homeowner turnover rate.
Realtor.com evaluated the 50 largest metros to determine which metros had the highest turnover rates of homeowners between September 2024 and August 2025.
People in Kansas City moved the most in 2025
By the numbers:
The data found that Kansas City, Missouri had the highest turnover rate over the last year.
With a median list price of $380,000 and a turnover rate of 45 sales per 1,000 housing units, Kansas City's affordability and demand contributed to increased home sales. Retirees seeking warmer climates were also a notable demographic moving out of town.
Kansas City Skyline at dusk with traffic and streaked lights and car trails, Missouri. (Credit: Joe Sohm/Visions of America/Universal Images Group via Getty Images)
In addition, San Antonio, Texas saw a significant amount of housing turnover, in particular, because its markets were among the best-supplied in the country.
What they're saying:
"Many Texas metros have more homes for sale today than they did before the pandemic, thanks in large part to robust new-construction activity," Hannah Jones, a Realtor.com senior economic research analyst told FOX Business, adding that "this elevated inventory creates buyer-friendly conditions, which support higher turnover."
San Antonio’s median list price of $329,000 and a turnover rate of 45 sales per 1,000 housing units were driven by job relocations, equity unlocking, and high demand.
Jones told FOX Business that the areas with the highest housing turnover see some combination of affordability and high inventory.
"Homeowners in affordable markets can more easily afford to move, and benefit from strong demand for affordable homes. This means that homes hit the market and sell successfully, resulting in high turnover," Jones said.
Metros with the highest turnover
- Kansas City, Missouri
- San Antonio, Texas
- Indianapolis, Indiana
- Las Vegas, Nevada
- Dallas, Texas
See the full report here.
Affordability remains better than in pricey coastal markets
Dig deeper:
Even though affordability has worsened nationwide, Jones said that "relative affordability in many of these markets remains better than in pricey coastal markets." She said that home prices are lower and buyers often get more space for their money.
"This means that more households can actually transact, they can qualify for mortgages, move up, or relocate within the state without facing the extreme cost pressures seen elsewhere," she said.
Cities residents are most satisfied with
Big picture view:
Another newly released survey revealed Americans’ satisfaction with the city they live in.
Design and architecture firm Gensler surveyed nearly 13,500 residents across 27 major U.S cities between July and November 2024.
RELATED: Research reveals cities where people really, really want to move to – and stay
Out of the 27 US cities in the study, San Antonio, San Diego and Raleigh were among the places where residents were most likely to say they are satisfied with their city, the findings revealed.
The Source: The information for this story was provided by Realtor.com. This story was reported from Los Angeles. FOX Business, previous FOX Local reporting contributed.