The median price of an existing home sold in October has increased 3.4% from October 2022.

The national median price of an existing home sold in October was $391,800, an increase of 3.4% from a year ago ($378,800). Prices rose in all regions of the country.

These annual price increases have been getting larger for four straight months.

Roughly 28% of homes sold above list price.

Source: CNBC