One in Five Homes Slashes Prices in September, Realtor.com® Reports

As inventory rises for the 23rd straight month, lower- and mid-tier sellers adjust prices to stay competitive

AUSTIN, Texas, Oct. 2, 2025 /PRNewswire/ -- Nearly one in five homes saw a price reduction in September, as rising inventory gives buyers more negotiating power, according to the Realtor.com^®September Monthly Housing Trends report. Sellers of homes at the lower- and mid-tier are the most likely to adjust their asking price, while luxury home prices remain largely untouched, with reductions least common at the top of the market.

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