Condo & HOA Fees are on the Rise

Investment Analysis Clubs Macro Economic Trends and Risks
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https://www.wsj.com/economy/housing/housing-affordability-hoa-fees-d02902af
*The median monthly condo fee was $420 in 2025, up 29% from 2019, according to a Realtor.com analysis of for-sale listings. For single-family homeowners, median HOA fees rose 26% from 2019 to $63 last year. *

HOA and condo fees aren’t the biggest expense in many household budgets, but they are rising at the same time as near-record home prices and elevated mortgage rates have worsened home-buying affordability. Property-tax bills, home-insurance premiums and utility costs have also climbed in many parts of the country.

So owning a home is increasingly becoming more expensive. And home sales are being impacted.

BUT as home ownership becomes more expensive; so is renting. Obviously landlords see an opportunity to hike rents.

The above link is a year old. It is the most recent one on rents I could find at the present time.
Federal data is also a year old:

However persons in a single family dwelling, not in a HOA, with a low interest loan or no loan are in the catbird seat.
I’ve been in my shack that is free of any loan for 40 years.

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Of course, inflation between the end of 2019 and the end of 2025 was…ready for it?..26%.

So, in real dollars, no increase in HOA fees.

DB2

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My HOA fee in Missouri is $220/yr. Goes mostly for insurance and maintenance of common areas. It’s well worth it. If you have more services costs are higher.

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