When Is the Best Time to Buy a House?

Key Takeaways Late summer is the best time to buy a home, when listings are on the rise, inventory is fresher, and sellers are more willing to offer concessions. The best time to buy varies by city and priority: whether you’re looking for fresh inventory, more selection, or the best deals. Ultimately, the best time to buy a house is when it makes the most sense personally and financially. The best time to buy a house depends on what matters most to you. Some buyers prioritize getting the best deal, while others want the largest selection of homes or the least competition. Everything from the time of year, to the local market, to economic strength can affect the purchase—and that’s before taking personal timelines into consideration. Today’s slow and expensive housing market adds another layer to the equation. While affordability remains a challenge, buyers have more negotiating power than they’ve had in years. There are over 51% more sellers than buyers nationwide, and sellers are offering concessions at a record rate. For buyers who are financially ready, this is a great time to help maximize those advantages. Spring is commonly considered the best time to sell a house, but when i...