Monthly Market Indicators May 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.
May Year to Date
66 65
56 57
59 58
2023 2024 2025
2023 2024 2025
- 14.3 %- 15.2 % + 1.8 %- 17.7 %- 9.2 %-1.7 %
Affordability Index June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 December 2024 January 2025 February 2025 March 2025 April 2025 May 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
01-2024
Current as of June 10, 2025. Data © 2025 REsides, INC. All Rights Reserved. | Sponsored by South Carolin