Zillow: Luxury housing market slowed in April
Housing Wire
JUNE 5, 2025
The luxury housing market lost momentum in April as financial uncertainty prompted many high-end buyers and sellers to hold off on transactions, according to a new report from Zillow. Defined as the top 5% of home values in each region, the typical luxury home in the U.S. is now valued at about $1.8 million. Despite a slowdown in market activity, prices have continued to rise, with luxury home values increasing 2.7% year over year — nearly double the 1.4% growth seen in the broader housing marke
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