Introduction
When is the best time of year to buy a home? The truth is, there’s no single “perfect” season — but each time of year brings unique advantages and challenges. Here’s how spring, summer, fall, and winter compare.
Spring: More Options, More Competition
Spring is the busiest season for buyers. Listings flood the market, giving you plenty of choices. However, you’ll face more competition and higher prices. It’s also the busiest season for open house visits.
Summer: Convenience and Family Moves
Families often move during summer to align with school schedules. You’ll see high inventory, but prices may still be elevated. The weather also makes moving easier.
Fall: Deals and Motivated Sellers
Fall often brings fewer buyers, which means less competition. Sellers who list late in the year are often motivated to close quickly. This is a good time to find deals, but don’t forget to budget for hidden costs.
Winter: Lower Prices, Slim Pickings
Winter typically offers the lowest prices but also the lowest inventory. Fewer buyers mean you might get a better deal, but choices will be limited. Some buyers use the off-season to snag fixer-uppers at lower prices.
Final Thoughts
The best time of year to buy a home depends on your priorities: more choices in spring and summer, or better prices in fall and winter. Knowing the best time of year to buy a home helps you strategize smarter. Watch out for hidden costs, prep with our open house checklist, and if you’re considering a project property, see our guide to buying a fixer-upper.
Your questions, answered
What is the cheapest month to buy a house?
Historically, winter months like January or February often see the lowest prices.
What is the busiest season for buyers?
Spring and early summer are the busiest, with more competition but also more listings.
Does the season really matter when buying a home?
Yes — prices, inventory, and competition can all change depending on the season.