May 2025 Real Estate Market Update
The real estate market continues to show strength and resilience this spring… with national job growth and rising incomes fueling homeownership confidence and rental demand… even amid shifts in other sectors of the economy.
In April 2025, the U.S. economy added 177,000 new payroll jobs, reflecting ongoing economic momentum. While the manufacturing and retail sectors showed signs of slowing, growth in construction, health care, and professional services helped boost overall employment. Notably, nearly 10,000 new jobs were created in the real estate sector, particularly in rental and leasing services. This is a strong indicator of continued demand for both residential and commercial properties.
Homeowners Gaining Equity
For homeowners, the picture is especially encouraging. Housing equity continues to reach all-time highs, giving sellers greater flexibility and potential profit when listing their homes. Rising property values, paired with increasing average weekly earnings ($1,237), are giving many homeowners the confidence to make a move… whether upsizing, downsizing, or relocating.
Job Growth Supports Buyer Demand
With income growth now outpacing inflation, many buyers are in a better position to enter the market than they’ve been for years. While Wall Street may remain volatile, dominated by the top 1% of investors, main street America is moving forward. This stability is encouraging for buyers who are looking for long-term security in homeownership.
Here along the Crystal Coast, from Swansboro to Morehead City and beyond, we’re seeing steady interest from both local and out-of-state buyers who recognize the lifestyle value and investment potential of our coastal communities.
What This Means for Buyers & Sellers
Whether you're thinking of buying your first home or selling your current one, understanding the broader economic trends can help you stay a step ahead:
Buyers: With wages rising and more job stability, this could be a smart time to lock in your next home before interest rates shift or inventory tightens further.
Sellers: Rising equity and steady demand mean you're in a strong position to list and potentially receive top-dollar offers… especially if your home is move-in ready or located near the water!
Bottom Line
Despite headline noise about the stock market or federal employment shifts, the fundamentals of the housing market remain strong. Job growth, rising income, and continued demand (especially in leasing and residential sectors) are creating real opportunities for both buyers and sellers this season.
If you're wondering how the current market conditions affect your goals, or what your home is worth in today’s market, let’s connect! With 26 years of local experience right here on the Crystal Coast, I’d be happy to help you make the most of this moment.
~ Carolyn Wood
Phone: 252-725-2302
Email: carolynwood@kw.com
Carey Otto Real Estate at Keller Williams Crystal Coast
