Homeowners in the U.S. made a 50.2% average profit selling single-family homes and condos during the first quarter of 2025, according to data from land curator Attom’s most recent U.S. Homes Sales Report. That was down 3.2% from the previous quarter and down 4.8% from the first quarter of 2024. The national median profit margin for home sales has declined slightly, almost every quarter since summer 2022, but it still remains well above pre-pandemic levels.

The national median home sale price — whose historic peak was $358,000 in the third quarter of 2024 — has held steady for the last two quarters at $355,000. However, the median raw profit that sellers made on their homes dropped about 4% from about $124,000 in the fourth quarter of 2024 to $119,000 in the first quarter of 2025.

The metro areas with the largest year-over-year decreases in typical sales prices were Cape Coral, down 9% to $355,000; Sarasota, down 6% to $430,278; Boise City, Idaho, down 5.2% to $448,941; Punta Gorda, down 4.5% to $315,000; and Tampa Bay, down 3.4% to $350,000.