Which Season Is the Best Time to Buy a Home?

Last year, Realtor.com said the best time to buy a home was between Sept. 29 and Oct. 5, with buyers saving an average of $14,000 during that window (on homes priced around $445,000). However, Hippo Home Insurance notes that it isn’t always realistic to time homebuying to one perfect week. 

After analyzing seasonal housing market data, Hippo found a few key takeaways that can help Realtors® guide their buyers and help buyers time their homebuying process, no matter the time of year. 

Timing the Homebuying Process 

On average, closing on a home takes roughly 30 to 60 days from the time the offer is accepted and loan processing begins, Hippo cites from NerdWallet. 

For homebuyers looking to move into their new place during a specific season or time of year, it’s important to consider the general timeline of the homebuying process. This chart from Hippo can help homebuyers get a sense of when to start house hunting depending on their closing date goal.  

Buying in Spring/Summer 

“For many homebuyers, spring and summer are the perfect seasons for a major move,” Hippo notes. “The nice weather offers blooming curb appeal, longer daylight hours for showings and the promise of settling in just in time for backyard barbecues or the start of a new school year.” 

“But this seasonal buzz comes with a tradeoff: More home listings and buyers flooding the market means more competition. This can sometimes push buyers to stretch beyond the original asking price, waive important contingencies or even skip inspections to compete.” 

Hippo shares some tips for those looking to buy in the warmer months: 

• Get pre-approved, not just pre-qualified. This shows sellers you’re serious and ready to move. 
• Have flexible closing timelines. A seller judging their move may favor an offer with some wiggle room. 
• Work with an experienced real estate agent. Someone who knows the seasonal rhythms of your local market can help you act quickly and negotiate smartly. 
• Know your budget and stick to it – even hen emotions run high. If you’re pushed beyond your financial means, that’s a sign it’s time to walk away. 

Buying in Fall/Winter 

“Fall and winter may not be traditional moving seasons, but they can offer hidden advantages for buyers willing to brave the off-peak market,” Hippo says. “It’s also a quieter, cozier time to make a house feel like home. Picture moving in just as the leaves turn gold or settling into your new living room with a crackling fire and holiday décor.” 

“With fewer buyers shopping, sellers are often more motivated to make a deal. That can translate into price negotiations, seller concessions or more ideal closing timelines.” 

Hippo offers fall and winter buyers the following tips: 

• Build a timeline for possible HVAC upgrades, insulation fixes or energy efficiency improvements. 
• Schedule inspections wisely. Ask about infrared scans or thermal imaging to catch what might be hidden beneath the surface. 
• Factor in shorter daylight hours. You may need to tour homes earlier in the day to see the property in full light. 
• Be prepared to move in poor weather. While not ideal, fall and winter often come with colder temperatures, icy sidewalks or snowy terrain.