Home Sellers Profited An Average Of Nearly $69K On Their Home Sales In 2020

Dated: February 15 2021

Views: 15

When you list your home, the goal is to sell the property for more than you invested in it—and to walk away with a profit. And in 2020, those profits were significant for a lot of homeowners.

According to recent data from real estate research firm ATTOM Data Solutions, in 2020, the average home sale in the United States saw a home-price gain of $68,843, with profits rising in more than 90 percent of housing markets across the country—and homeowners seeing a 34.7 percent return on investment (ROI) compared to their original purchase price. That shows significant increases in profits and ROI from 2019 ($53,700 and 29.4 percent) and 2018 ($48,500 and 27.2 percent).

The Takeaway:

So, what does this mean for you? Home sellers are walking away with a healthier profit on their home sale than at any point in recent memory—so if you’ve been thinking about selling your home, now is a great time to make a move (and make a profit!).

Blog author image

Nicole Gates

As a wife, mother of 5, retired military spouse, Yuba/Sutter native, and a seasoned real estate professional, Nicole recognizes and values the trust her clients place in her. She strives every day to ....

Latest Blog Posts

ABCs of Construction Loans

Building a home might sound like something reserved for the rich and famous, but the truth is, it might be easier than you think to get a construction loan.What is a construction loan? Construction

Read More

These Are the Pandemic’s Most Popular Home-Related Purchases

These Are the Pandemic’s Most Popular Home-Related PurchasesThe COVID-19 pandemic has forced many of us to spend more time at home than ever before—and, for many homeowners, all that

Read More

7 Ways Shopping for Real Estate Is Like Applying To College

7 Ways Shopping for Real Estate Is Like Applying To CollegeApplying to college can be a nerve-wracking experience, no matter how hard you worked or how good your grades are. There are lots of things

Read More

Thinking About Selling Your Home? Tackle These Kitchen Upgrades First

Thinking About Selling Your Home? Tackle These Kitchen Upgrades FirstWhen you list your home, you want to make sure you’re doing everything you can to ensure your property sells quickly and

Read More