The average homeowner is raking in a 50% profit from selling a single-family home or condo. That's based on second-quarter data from ATTOM.
The 50% gain was lower than the typical 55.6% profit earned in 2Q 2024. However, it was slightly higher than the 48.9% in 1Q 2025 and interrupted the downward trend in profit margins that the market has experienced since spring 2022, according to a new report from ATTOM. It was also a major improvement from the typical 30% net profit that a seller could expect before the pandemic.
The sale of a typical home in 2Q 2025 would have netted the homeowner $123,000 in raw profit, down 5.6% from the $127,990 median profit scored in 2Q 2024. Raw profits fell year-over-year in two-thirds of the 156 metros ATTOM studied.
The fact that there was not a big jump in seller profits is because home prices have reached historically high levels in recent years, according to Rob Barber, ATTOM’s CEO. "While profit margins aren't going up significantly, they're still sitting at pretty good levels," he noted.
In 2Q 2025, the typical annual profit margin rose in 77 of the metros studied and fell in 123. Profit margins were equal to or higher than the national 50% rate in 55.8% of the 156 metros studied – a decrease from the 59.6% level in the first quarter.
In cities with populations of at least 200,000, the greatest boosts to profit margins occurred in Hilo, HI, Kalamazoo and Flint in Michigan, Trenton, NJ and Bridgeport, CT. The worst hit included four Florida cities: Ocala, Sarasota, Punta Gorda and Naples, as well as Knoxville, TN.
In cities with populations over one million the typical annual profit margin rose highest in Honolulu, St. Louis, Hartford, Chicago and Buffalo. The worst hit were Las Vegas, Jacksonville, Tampa, San Francisco and Columbus, OH.
Complicating the picture for homebuyers was the fact that the national median home sale price hit a high of $369,000 in 2Q 2025 -- $19,000 more than in 1Q 2025. Quarter-over-quarter, the median sale price rose in 90.6% of 159 metros studied – and year-over-year it increased in 78.6% metros, led by Hilo, Macon, GA, Syracuse, NY, Toledo, OH and Lubbock, TX. The largest year-over-year slumps in sales prices were again led by Florida cities: Sarasota, Cape Coral, Crestview and Punta Gorda, as well as Stockton, CA.
Another complication for homebuyers is that homeowners are holding onto their homes for record lengths of time before selling. The national average homeownership tenure climbed to 8.18 years in 2Q 2025 – its highest level in 25 years.
On the positive side, the share of homes sold by lenders following foreclosures slipped to 1.3% in the second quarter. The markets worst affected were Macon, Shreveport, LA, Flint, Honolulu and Baton Rouge, LA.
The share of transactions involving all-cash sales dipped from 42.1% in 1Q 2025 to 38.9% in 2Q 2025. The most cash sales were recorded in Myrtle Beach, SC, Claremont, NH, Utica, NY, Hilo and Honolulu.
The proportion of institutional investors buying homes fell to 5.7% in the second quarter, down from 6.5% in 2Q 2024. The metros with the highest share of institutional buyers were mainly in the South: Memphis, TN, Huntsville, AL, Columbus, GA and Clarksville, TN, as well as Oklahoma City.
There was a slight increase from 8.2% to 8.3% in the number of home purchases made using Federal Housing Administration loans.
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