With a few weeks left in 2024, Realtor.com released its 2025 Housing Forecast on Wednesday.

It shows the Fresno area primed to outpace the nation in sales and price growth.

The forecast projected slight growth in the U.S. housing market, with home prices rising 3.7%, mortgage rates remaining above 6%, and rent dropping by just 0.1%. Existing home inventory will also increase by 11.7%, which is consistent with the trends from 2024. Home sales are expected to increase by 1.5% in 2025.

The forecast provided local market predictions for the 100 largest U.S. metros, which includes Fresno. 

In 2025, Fresno is expected to have an 8.1% increase in home sales and a 5.1% increase in price growth.

Despite the slight increase in sales, the total number is relatively low compared to some of the other metros.

Joanna Odabashian, CEO of Keller Williams Fresno, said that in October, only 430 single-family homes were sold in Fresno and Clovis, which Odabashian described as “very low.” However, Odabashian noted that Fresno is still affordable compared to other California metros.

Even though the forecasted year-over-year changes aren’t that big nationwide, the forecast expects President-elect Donald Trump to impact the housing market with a few of his policies.

“Among President Trump’s proposals to address the housing shortage is making more federal land available for homebuilding and addressing regulation, which estimates suggest contributes to more than $90,000 of the cost of a new home and could help bolster supply,” the forecast said. “Post-election, markets have generally pushed longer-term rates higher, anticipating either higher inflation, larger deficits, stronger economic growth or some combination.”