Housing News

You’ll Never Guess the Absolute Best Day of the Year to Buy a Home in 2025

If you’re hoping to buy a home this year, don’t despair. The best day to make an offer may be just around the corner.

The day before Christmas, Dec. 24, is the most financially advantageous day for homebuyers, according to a report from real estate data firm ATTOM. Cost-conscious buyers pay just 3.8% more than market value on homes on this day, the lowest of the year.

“Premiums drop because buyer demand naturally slows during the holidays, reducing competition,” said ATTOM CEO Rob Barber in a statement. “At the same time, sellers who keep their homes on the market during this period tend to be more motivated, which keeps prices closer to market value.”

Buyers typically spend the most on May 27, making it the best day for home sellers. Homes typically sell for a 14% premium on this date.

Generally, buyers can snag the biggest savings in the fall. There are usually fewer homes on the market during these months, but less competition for the properties.

“The combination of fewer buyers and more motivated sellers can outweigh the drawback of limited [housing] inventory,” said Barber.

Buyers saved the most in October. They paid the lowest premium, at 7%, over the automated valuation model (AVM) for the same homes around Halloween.

November was nearly as good for buyers, as they typically spend 7.2% over market value. The third top month was September, when homes typically sell for 7.5% more than the AVM.

Buying a home in Hawaii? Shop for real estate in January

Home shoppers in certain states may be able to snag even bigger discounts depending on the month.

December is a good time to score markdowns in Michigan and Connecticut. Home prices were respectively 2.4% and 0.4% lower than market value in these states.

Meanwhile, November may be a financially advantageous time for homebuyers in Minnesota and Illinois. They saved about 0.8% and 0.5% respectively on their purchases.

And January is the best time to buy a home in Hawaii, as shoppers can save about 1.4%.

To come up with the best times to buy a home, ATTOM analyzed more than 48 million single-family home and condo sales over the past 10 years. The firm compared the median sales prices each day to the median automated valuation models for the same homes on those days.