Should You Still Expect a Bidding War in Today’s Housing Market?

If you’re planning to buy a home in 2025, you may be wondering: Will I still face a bidding war? The good news is, while multiple-offer situations do still happen, they’re far less common than they were just a couple of years ago.

📊 A recent survey shows only 1 in 5 homes (20%) nationwide received multiple offers in June 2025. That’s down from 31% in 2024 and even lower than 39% in 2023.

👉 What does this mean for you as a buyer? You’ll likely face less competition, more time to make thoughtful decisions, and stronger negotiation power on price and terms.

🌎 Regional Differences Still Matter

Of course, national numbers don’t tell the whole story. Real estate is local by nature, and some markets are still hotter than others.

📍 Survey data from John Burns Research & Consulting (JBREC) and Keeping Current Matters (KCM) shows:

• 🏙️ Northeast: About 34% of homes still attract multiple offers (roughly 1 in 3).

• 🌴 Southeast: Only 6% of homes see bidding wars well below the national average.

⚖️ The difference often comes down to housing inventory. In areas where homes for sale are limited, buyers are still competing aggressively. But in markets with more listings, conditions have cooled giving buyers more leverage.

🤝 Sellers Are More Flexible Than Before

Another shift in today’s housing market: seller concessions. According to a Redfin report, nearly 50% of sellers are offering incentives such as:

• 💰 Covering part of a buyer’s closing costs

• 🔻 Reducing their asking price

• 🔧 Offering repairs or credits

This is a big change from the ultra-competitive market of just a few years ago, when sellers rarely compromised and buyers often waived inspections to win. Now, the balance is shifting toward buyers.

✅ Bottom Line

If fear of a bidding war has been holding you back, now may be the perfect time to jump in. Nationally, competition is down, concessions are up, and buyers have more flexibility than they’ve had in years.

Still, every market is different and success depends on knowing the local dynamics. That’s why it’s essential to work with a trusted real estate agent who understands your area.

➡️ Ready to explore your local market? Let’s connect and create the right strategy to help you find your dream home in 2025!

💡 Want to see how much your home is worth in today’s market? Visit 👉 SellWithKhalid.com