Number of homes sold for cash in the U.S. 1988-2024

Published by Statista Research Department, May 15, 2025

In 2024, approximately 51,000 cash home sales took place in the United States. Despite the number of cash transactions declining since the peak in 2021, it remained elevated compared to the long-term average. This can be attributed to the substantial increase in mortgage rates following the COVID-19 pandemic. Despite cash purchases growing in popularity, the majority of home purchases were financed with a conventional mortgage in 2024. 

Number of houses sold for cash in the United States from 1988 to 2024 (in 1,000s)

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Release date

2025

Region

United States

Survey time period

1988 to 2024

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