January 2025 Market Indictor Report January 2025 | Page 10

Housing Affordability Index

This index measures housing affordability for the region . For example , an index of 120 means the median household income is 120 % of what is necessary to qualify for the median-priced home under prevailing interest rates . A higher number means greater affordability .
January Year to Date
68 68
57 59 57 59
2023 2024 2025
2023 2024 2025
- 27.7 % - 16.2 % + 3.5 % - 27.7 % - 16.2 % + 3.5 %
Affordability Index February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 December 2024 January 2025 12-Month Avg
Historical Housing Affordability Index by Month
140
120
100
80
60
40
20
0
01-2020
01-2021
01-2022
01-2023
01-202
Current as of March 6 , 2025 . Data © 2025 REsides , INC . All Rights Reserved . | Sponsored by South Carolin