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The latest analysis shows that Christmas Eve is the most affordable day to buy a home in the United States, with the lowest average premium. Compared to the higher premiums on May 27, buyers may have more room to negotiate when purchasing a home at the end of the year.
Putting aside the gifts under the Christmas tree and buying a new home could be the biggest Christmas surprise of the year, according to the New York Post.
Christmas Eve (December 24) is the most affordable day of the year to buy a home in the United States, according to a new analysis. Compared with the spring home buying season, buyers who choose to complete home delivery on this day will have to pay morehouse price The premium is quite low.
The analysis showed that for buyers who completed transactions on December 24, the average transaction price was only 3.2% above the estimated market value; In comparison, the most expensive day to buy a home in the year was May 27, when buyers paid an average of 14.5% more than the estimated market value.
The difference between the two is 11.3 percentage points, which can represent a difference of tens of thousands of dollars depending on the average residential transaction price. However, these figures reflect differences in premiums over previous home transactions and do not mean buyers will save the same amount.
The study, conducted by real estate data company ATTOM, analyzed more than 48 million single-family home and condo sales records across the United States between 2016 and 2025.
Christmas Eve may not seem like a popular time to buy or sell a home, but for buyers looking to score a bargain, the year-end holidays can actually bring benefits. Since there are fewer buyers viewing properties and making offers, competition in the market is relatively low, and some sellers are expected to complete transactions before the end of the year, which may give buyers more room to negotiate.
However, buyers won’t have to waitChristmas Only then can you get a chance to get a good price. Analysis shows that July 10 is the second best day of the year to buy a home, with an average premium of only 3.5%; This was followed on July 9 with a premium of 4.1%. The premium on both July 2 and 3 was 4.3% and on July 17, it was 4.6%.
In fact, nine of the 10 lowest premium dates of the year fell in July.
Looking by month, July is the most cost-effective month to buy a home in the United States, with buyers paying an average of 6.3% more than the estimated market value. As of November, the premium was 7.4%; October was 7.8%; September and December were both 8.2%.
Other studies also show that knowing the right time to buy a home can save buyers a lot of money. The New York Post previously reported that buyers could save nearly $14,000 by choosing to buy during the more favorable fall months.
Additionally, buyers who are willing to sell in the winter housing market may also receive deeper discounts. Another analysis shows that you could save up to $23,000 by buying a home in January.
Buyers in some states also enjoy more favorable terms for purchasing a home. In Hawaii, the average transaction price of homes purchased in January was 1.8% below estimated market value; Buyers in Michigan can enjoy a 1.7% discount if they complete a transaction in November.
When buyers in Connecticut purchased homes in January, the average transaction price was nearly equal to the estimated market value; A similar situation occurred in Minnesota in December. When Illinois buyers purchased homes in November, the average transaction price was only 0.1% above estimated market value.
However, a low home price does not mean that the home is necessarily priced cheap, nor does it guarantee that buyers will find the ideal home.
ATTOM automatically calculates this premium by comparing the average transaction price of the home with the estimated home market value. Thus, the findings reflect past home transaction trends and are not a guarantee that buyers will find discounts during the holidays.
