【Zillow】With Buyers Sidelined, Affordable Listings Climb to Highest Level Since 2022

• In July 2025, about 439,000 homes were affordable to a median-income household. That’s the most since August 2022 and 20% higher than a year ago.
• The growth in affordable listings comes primarily from an overall inventory recovery that has slowed price growth — total inventory is up 18% from last year. Only 31.7% of listings were affordable in July 2025, similar to last year and far below the 53.7% share in July 2020. 
• More than half of July listings were affordable to the typical household in Buffalo (55.1%), St. Louis (54.5%), Pittsburgh (54.3%), Detroit (52.8%) and Cleveland (50.1%).

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