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Online Residential Home Sale Listings in the US - Market Research Report (2014-2029)

Jared Ristoff Jared Ristoff New York, United States Last Updated: August 2024 NAICS OD5454

Revenue

$1.8bn

2024

$1.8bn

Past 5-Year Growth

Profit

$XX.Xbn

Employees

3,959

Businesses

1,100

Wages

$XXX.Xm

Online Residential Home Sale Listings in the US industry analysis

Online residential home listing companies manage a virtual marketplace, providing services connecting residential home sellers to buyers. Through 2023, online listing services have performed exceedingly well, as residential home sales have increased due to solid homeownership rates due to favorable mortgage rates in the early part of the period and a scorching hot residential real estate market caused by the COVID-19 pandemic. Due to a good economic climate followed by migration shifts, industry-wide revenue has been growing at a CAGR of 2.5% over the past five years and is expected to total $1.8 billion in 2023. In the same year, revenue is expected to dip to an estimated 4.8%.During the COVID-19 pandemic, larger listing platforms capitalized on surging consumer demand from urban flight and strong net migration out of high-income tax states. But ceaseless appreciation of home values will price many consumers out of the homeownership market. That, along with rising mortgage rates and inflation, may curb growth in home sales and limit future demand growth.The industry revenue is expected to grow, albeit at a significantly diminished pace, resulting from expected high and rising mortgage rates. But profit is expected to remain robust as consolidations bring economies. Stellar service innovations and system technology (mobile apps, virtual tours, 3D imaging, augmented reality, artificial intelligence, online document management, virtual assistants, chatbots) will dampen wages, elevate the search experience and streamline and enhance sellers' journey. Underlying the tech changes is a growing tech-savvy home-purchasing demographic and an aging population looking to downsize. Strict data privacy regulations may raise costs and competing substitutes steal some users, but overall, industry revenue is forecast to grow at a CAGR of 0.5% through 2028 to total $1.9 billion.

Trends and Insights

  • COVID-19 solidifies the value of online services. An offshoot of COVID-19 flight from the city and increased work-from-home norms is the familiarity and efficiency of online residential home sale listing platforms.
  • Vivid video and crisp images benefit sellers and buyers. From virtual tours to in-depth showcases, tech innovations bolster the buyer's journey, giving them enhanced insight into prospective properties while aiding sellers in effectively representing their homes.
  • Smaller establishments outnumber population in West and Mid-Atlantic. Despite high populations, these regions are marked by smaller businesses serving the area.
  • Competition takes on a Davis versus Goliath dynamic. Niche platforms wait for their moment to shine as they coexist with larger residential listing sites, until one day they skyrocket in popularity and trigger a killer acquisition.

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  • Critical performance data and rankings
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 0.5 % over the past five years, to reach an estimated $1.8bn in 2024.

Trends and Insights

A copycat like no other

  • Industry performance will be closely tied to residential real estate market movements and trends. As the house price index increases and house demand falls, online listings' revenue follows.
  • Additional trends and insights available with purchase
Online Residential Home Sale Listings in the US
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Expanding features keep buyers online and sellers selling

  • During the height of COVID-19, mobile applications and desktop websites offered digital tours and online floorplans, keeping people safe.

Biggest companies in the Online Residential Home Sale Listings in the US

Company
Market Share (%)
2024
Revenue ($short_0)
2024
Profit ($short_0)
2024
Profit Margin (%)
2024

There are no companies that hold a large enough market share in the Online Residential Home Sale Listings in the US industry for IBISWorld to include in this product.

Products & Services Segmentation

Online Residential Home Sale Listings in the US
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Single-family houses, detached (1 to 10 units), Single-family houses, detached (more than 11 units) and Multifamily homes. Single-family houses, detached (1 to 10 units) is the largest segment of the Online Residential Home Sale Listings in the US.

Trends and Insights

A picture is worth a thousand users

  • The single-family housing market (single-family attached and detached) is estimated to account for a combined 76.5% of listings.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

This industry provides internet listings and search functions for residential properties that are for sale. In addition to connecting potential buyers with real estate agents and owners, these websites often provide targeted advertising services and market analytics.

What's included in this industry?

Single-family houses, detached, 1-10 unitsSingle-family houses, detached, more than 11 units Multifamily homes

Companies

Purchase this report to view all major companies in this industry.

Related Terms

PLATFORMINFRASTRUCTUREUNIT

Industry Code

NAICS 2017

NAICS 45411 - Online Residential Home Sale Listings in the US

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

COVID-19 solidifies the value of online services. An offshoot of COVID-19 flight from the city and increased work-from-home norms is the familiarity and efficiency of online ...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Vivid video and crisp images benefit sellers and buyers. From virtual tours to in-depth showcases, tech innovations bolster the buyer's journey, giving them enhanced insight ...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Smaller establishments outnumber population in West and Mid-Atlantic. Despite high populations, these regions are marked by smaller businesses serving the area.

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each state
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each state in 2024
  • Number and share of revenue each state accounts for in 2024
  • Number and share of wages each state accounts for in 2024
  • Number and share of employees in each state in 2024

Detailed analysis

  • Geographic spread of the industry across North America, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Competition takes on a Davis versus Goliath dynamic. Niche platforms wait for their moment to shine as they coexist with larger residential listing sites, until one day they ...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Zillow, the leader of the pack, still faces competition. Despite currently holding nearly two-thirds of industry revenue, Zillow may see its position challenged as artificial...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024

Detailed analysis

    External Environment

    Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

    Analyst insights

    With extensive membership and historical dominance, the National Association of Realtors shapes competition in online residential home sales, affording many advantages to memb...

    In this chapter

    • External Drivers
    • Regulation & Policy
    • Assistance

    Key metrics

    • Regulation & policy level and trend
    • Assistance level and trend

    Charts

    • Regulation & Policy historical data and forecast (2014-2029) 
    • Assistance historical data and forecast (2014-2029) 

    Detailed analysis

    • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
    • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
    • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

    Financial Benchmarks

    View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

    Analyst insights

    Marketing expense is vital for maintaining market share. Investments in advertising and marketing technology are essential for survival when facing large competitors and nume...

    In this chapter

    • Cost Structure
    • Financial Ratios
    • Key Ratios

    Key metrics

    • Profit margin, and how it compares to the sector-wide margin
    • Average wages, and how it compares to the sector-wide average wage
    • Largest cost component as a percentage of revenue
    • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

    Charts

    • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
    • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
    • Investment vs. share of economy

    Data tables

    • Industry Multiples (2017-2022)
    • Industry Tax Structure (2017-2022)
    • Income Statement (2017-2022)
    • Balance Sheet (2017-2022)
    • Liquidity Ratios (2017-2022)
    • Coverage Ratios (2017-2022)
    • Leverage Ratios  (2017-2022)
    • Operating Ratios (2017-2022)
    • Cash Flow & Debt Service Ratios (2014-2029)
    • Revenue per Employee (2014-2029)
    • Revenue per Enterprise (2014-2029)
    • Employees per Establishment (2014-2029)
    • Employees per Enterprise (2014-2029)
    • Average Wage (2014-2029)
    • Wages/Revenue (2014-2029)
    • Establishments per Enterprise (2014-2029)
    • IVA/Revenue (2014-2029)
    • Imports/Demand (2014-2029)
    • Exports/Revenue (2014-2029)

    Detailed analysis

    • Trends in the cost component for industry operators and their impact on industry costs and profitability 

    Key Statistics

    Industry Data

    Data Tables

    Including values and annual change:

    • Revenue (2014-2029)
    • IVA (2014-2029)
    • Establishments (2014-2029)
    • Enterprises (2014-2029)
    • Employment (2014-2029)
    • Exports (2014-2029)
    • Imports (2014-2029)
    • Wages (2014-2029)

    Top Questions Answered

    Unlock comprehensive answers and precise data upon purchase. View purchase options.

    What is the market size of the Online Residential Home Sale Listings in the US industry in United States in 2024?

    The market size of the Online Residential Home Sale Listings in the US industry in United States is $1.8bn in 2024.

    How many businesses are there in the Online Residential Home Sale Listings in the US industry in 2024?

    There are 1,100 businesses in the Online Residential Home Sale Listings in the US industry in United States, which has grown at a CAGR of 2.1 % between 2019 and 2024.

    Has the Online Residential Home Sale Listings in the US industry in United States grown or declined over the past 5 years?

    The market size of the Online Residential Home Sale Listings in the US industry in United States has been growing at a CAGR of 0.5 % between 2019 and 2024.

    What is the forecast growth of the Online Residential Home Sale Listings in the US industry in United States over the next 5 years?

    Over the next five years, the Online Residential Home Sale Listings in the US industry in United States is expected to grow.

    What does the Online Residential Home Sale Listings in the US in United States include?

    Single-family houses, detached, 1-10 units and Single-family houses, detached, more than 11 units are part of the Online Residential Home Sale Listings in the US industry.

    How competitive is the Online Residential Home Sale Listings in the US industry in United States?

    The level of competition is high and increasing in the Online Residential Home Sale Listings in the US industry in United States.

    Related Industries

    Widen your competitive advantage with related industries

    Competitors

    • There are no industries to display.

    Complementors

    • Real Estate and Rental and Leasing in the US
    • Real Estate Sales & Brokerage in the US
    • Real Estate Asset Management & Consulting in the US
    • Search Engines in the US

    International industries

    • Global Investment Banking & Brokerage
    • Global Reinsurance Carriers

    View all industries in United States

    Methodology

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    IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

    What data sources do IBISWorld analysts use?

    Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

    Key data sources in the US include: 

    • US Census Bureau
    • US Bureau of Labor Statistics
    • US International Trade Commission

    Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

    These sources include:

    • Industry and trade associations
    • Industry federations or regulators
    • Major industry players annual or quarterly filings

    Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

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