Boo! Says The Ghost In Your New Home – NMP Skip to main content

Boo! Says The Ghost In Your New Home

Associate Editor
Oct 24, 2023

Most wanna-be homebuyers say they don't mind a haunted house, Zillow reports.

A formidable housing market has the majority of home-ready folks willing to shack up with ghosts this Halloween season.

Affordability, location and appealing features make a haunted house worth buying, say 67% of prospective buyers who responded to a recent Zillow survey.

With home values at record highs and mortgage rates surpassing a 22-year high, it is indeed, a scary time to become a borrower. 

"The combination of high prices, limited inventory and rising interest rates is creating a witches' brew of trouble for would-be homeowners," says Manny Garcia, a senior population scientist at Zillow. "Despite these chilling conditions, life events like job changes, coupling up and having children still drive households to buy. These shoppers have to square their budgets with important home characteristics like bedrooms, bathrooms and floor plans. When balancing so many priorities in an inventory-starved market, avoiding ghosts and ghouls doesn't always make the cut." 

Buyers who plan on making a 10% down payment right now need a six-figure income to “comfortably” afford the typical home in the U.S. Additionally, inventory may be starting to creep back up, but it still remains 10% lower than this time last year, Zillow reports, and more than 40% lower than 2019 levels.

With these kinds of numbers, it’s no wonder nearly half (40%) of prospective buyers admit they “could be convinced” to buy a haunted house if it had a big backyard, a pool, a two-car garage or some other tasty traits. 

A desirable location to call home is enough for 32% of buyers to join some ghostly friends. 

More than a third (35%) of respondents say if this haunted house were priced lower than the rest of the market they wouldn’t mind forking up the cash for it. 

Bring on the phantoms and specters, say a brave 29% of prospective buyers, for whom a haunting is actually a selling point. "Who cares?" say 20% of prospective buyers, who are indifferent to the prospect.

It would be advantageous for all of those who dare to buy right now to keep their cool at closing. After all, most U.S. states don’t actually require sellers to disclose the presence of paranormal activity in the home they're departing. 

Whether or not the place they lay their head ends up being full of spirits is a mystery only new homebuyers can uncover.

Just 12% of successful buyers say their new address is “definitely” haunted, while an additional 17% aren’t quite sure if they will spend this Halloween with otherworldly beings.

About the author
Associate Editor
Erica Drzewiecki is an associate editor at NMP.
Published
Oct 24, 2023
Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Oct 02, 2026
Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Oct 01, 2026
Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Sep 29, 2026
Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Sep 25, 2026
Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Sep 25, 2026
Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Sep 23, 2026