08/27/2025
Homes are piling up on the market and these states are seeing the biggest jumps in inventory.
Nevada, Maryland, North Carolina, and California top the list for the largest year-over-year increases in homes on the market.
California is experiencing a significant increase in active home listings in 2025, with inventory reaching its highest level in more than five years and up to 48% more homes for sale this May compared to May 2024. This growing supply offers buyers more choices and is shifting leverage away from sellers, who now face much more competition—leading to longer times on the market and rising price cuts or negotiations.
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Inventory is rising fastest in Nevada, Maryland, and North Carolina, but affordability remains a challenge.
