Your offer price should reflect both your budget and the home’s market value. Start by reviewing recent comparable sales in the neighborhood (commonly called “comps”), looking at factors such as size, age, condition and location. Current market trends, such as low inventory or rising interest rates can influence whether you need to offer above the list price to remain competitive. An experienced agent will prepare a comparative market analysis and guide you on an appropriate range.

We also recommend reading our 2025 Housing Outlook to understand local trends. Ultimately, the best offer is one that meets your needs and stands out to the seller
without overextending your budget.