63,000 Homes Were Listed “For Sale By Owner” In September

Over a three-year period, between 4% and 6% of all monthly listings across the country were offered directly by their owners, a new report from Zillow found. Homes listed as “For Sale By Owner” (FSBO) are advertised and sold directly by owners without an agent’s help. Roughly 63,000 homes for sale in September 2021 were FSBO, while in 2021 overall 24% of rural sellers did not use an agent. For comparison, 16% of suburban sellers did not use an agent, along with 20% of urban sellers. The report found that FSBOs are most common in rural areas. They were also more affordable overall. The median list price for an FSBO was $292,810, while the median price for a home sold…