Top 10 Housing Markets with the Biggest Increase in Inventory – July 2025 (based on data from Realtor.com)

If you’ve been waiting for a break in the housing market, this might be it. Across the country, inventory is rising, homes are sitting on the market longer, and price cuts are becoming more common. After years of tight supply and intense competition, buyers are finally gaining the upper hand. 

In some major cities, the shift is especially dramatic, creating opportunities to negotiate and buy at a discount. Based on fresh July 2025 data from Realtor.com, we’ve rounded up the top 10 housing markets where inventory has surged the most. These are the places where buyers have the best shot at finding more options, better deals, and less pressure in today’s cooling market.

Biggest YoY Inventory Growth by Metro in the US in 2025

Fresh July 2025 data from Realtor.com and Reventure App confirms what many buyers have started noticing: there are more homes for sale in some of the biggest U.S. metros. In fact, year-over-year (YoY) inventory growth in these areas has surged, highlighting a major shift from the low-supply conditions that defined the market over the past few years. Below are the top metros, each with a population over 500,000, seeing the steepest inventory increases.

1. Washington, DC – 56.4% Inventory Growth

The nation’s capital leads the pack with a massive 56.4% increase in for-sale inventory. Over 13,600 homes are now on the market, giving buyers far more options than a year ago. Despite a relatively modest 23% of listings seeing price cuts, the rapid inventory growth alone puts pressure on sellers to stay competitive.

2. Los Angeles, CA – 41.0% Inventory Growth

L.A. is seeing the second-highest inventory surge at 41%, with over 20,000 homes now listed. While the median home value remains high at $972,836, nearly a quarter of sellers (23.4%) are slashing prices. Combined with rising supply, this offers more breathing room for buyers who previously faced intense bidding wars in the metro.

3. Phoenix, AZ – 37.2% Inventory Growth

Phoenix continues its post-pandemic market correction with inventory rising 37.2% year-over-year. Over 18,000 homes are available, and a staggering 37.8% of them have undergone price cuts, the second-highest among all metros. This indicates a clear buyer advantage, especially in suburban and outer-ring neighborhoods.

4. Houston, TX – 31.4% Inventory Growth

With 35,273 active listings, Houston has one of the largest inventories in the country, growing 31.4% over the past year. Nearly 1 in 3 homes are experiencing price cuts (28.3%), reflecting a slowdown in demand and a shift in market dynamics. Affordable median prices ($313,935) make this market particularly attractive for first-time buyers.

5. Dallas, TX – 30.2% Inventory Growth

Dallas matches Houston with strong inventory growth at 30.2%, and a total of nearly 32,000 homes for sale. But what really stands out is the city’s aggressive 39% price cut rate, the highest on this list. Sellers are feeling the pressure, making Dallas a prime candidate for buyers hoping to negotiate deals.

New York has the highest homes for sale in 2025, reaching 36,844. Access the above table here. [Link]

6. Atlanta, GA – 30.5% Inventory Growth

Atlanta is close behind with a 30.5% increase in inventory and 28,989 homes on the market. Price cuts are widespread (35.6%), offering budget-conscious buyers more room to shop around and negotiate. With a relatively low value-to-income ratio of 4.3, this market also appears more affordable compared to coastal counterparts.

7. Boston, MA – 24.9% Inventory Growth

Boston’s inventory rose by 24.9%, with 7,286 listings currently on the market. While the city still holds a high median home value ($737,436), over 27% of listings have been discounted. Buyers entering the Boston market can expect to see more flexibility, especially in older and higher-priced neighborhoods.

8. Philadelphia, PA – 18.7% Inventory Growth

Philly posted an 18.7% increase in inventory with just over 11,000 active listings. Although smaller than the Sun Belt metros, price cuts (20.2%) show signs of cooling. Its stable value-to-income ratio (4.2) means it still holds some affordability for local buyers.

9. New York, NY – 9.4% Inventory Growth

New York saw a smaller yet notable 9.4% rise in inventory. With over 36,000 homes listed, the most of any metro, and high home values, even a modest increase in listings shifts momentum. Price cuts are lower (11.1%), but rising supply may gradually force adjustments in certain boroughs.

10. Chicago, IL – 5.4% Inventory Growth

While inventory growth in Chicago is milder at 5.4%, the city’s lower home values ($344,762) and high price cut rate (21.1%) make it worth watching. Buyers here may not see a flood of listings, but they do have more bargaining power than in previous years.

For homebuyers and investors looking to stay ahead of the curve, the Reventure App offers detailed housing market data, including inventory growth, price cuts, and home values, down to the ZIP code level. Reventure’s localized insights can help you make smarter, better-timed decisions if you’re hunting for undervalued neighborhoods or tracking where the market is cooling fastest. Moreover, it is available for just $39/month and is especially useful in today’s shifting, opportunity-filled market.

Access Housing Market data for all the U.S. States, Metros, and Counties on Reventure App.