Inventory is Growing and That's Good News for Buyers!

After years of feeling like finding the right home was nearly impossible, we’re finally seeing a shift—and it’s in your favor.

Inventory is growing across the country, which means more choices if you're thinking about buying. But before you start celebrating, here’s the thing: that growth doesn’t look the same everywhere. That’s why having a local expert (hi, that’s us 👋) matters more than ever.

Let’s break down what’s happening in the market right now so you can move forward with confidence.

Inventory Is Up—Big Time

We’re seeing meaningful growth in homes for sale in every corner of the country. Take a look at the numbers from Realtor.com—each U.S. region has seen at least a 19% increase in available homes compared to this time last year. And in the West, it’s nearly a 41% jump (see graph below).

So, what’s fueling this trend?

1. More homeowners are listing. A lot of sellers were holding out for better mortgage rates. But now, some have decided it’s time to make a move. May saw more new listings than any other May over the past three years.

2. Homes are sitting a little longer. The average home spent 51 days on the market in May. That’s closer to a balanced market pace, and it means homes are sticking around long enough to give buyers more opportunity to find what they want.

For years, sellers had all the power. Now, we’re inching toward a more balanced market—and that’s a great thing for you if you're buying. As Danielle Hale, Chief Economist at Realtor.com, puts it:

“The number of homes for sale is rising in many markets, giving shoppers more choices than they’ve had in years . . . the market is starting to rebalance.”

What About Our Local Market?

Here’s where it gets interesting: the pace of this recovery depends a lot on where you’re looking. Some areas are bouncing back to pre-2020 inventory levels, while others still have a ways to go.

Check out this next visual. It compares current inventory numbers with what we saw in the last "normal" years—2017 to 2019. Green shows regions that are back to typical inventory levels. Red? Those are the ones still playing catch-up (see graph below).

What does this mean for you? No matter where you’re looking, you probably have more options today than you did even a year ago—and that’s a win. But if you want to know just how many options you have in your preferred town or neighborhood, we’ve got the hyperlocal data to guide you.

Let’s Talk Strategy

At Mayer Realty Group, we’re keeping a close eye on inventory in Canton and the surrounding communities. Whether you're upsizing, downsizing, or just starting your search, we’re here to help you navigate this shifting landscape and find the home that fits your needs and lifestyle.

Bottom line: Inventory is heading in the right direction. Let’s talk about what that looks like here in the Greater Canton area—and how to take full advantage of it.