Foreclosure auction volume in the fourth quarter of 2025 rose 48% from a year ago, reaching the highest level since the second quarter of 2020, according to Auction.com‘s Q4 2025 Auction Market Dispatch report.

Volume remained 39% below the level seen in Q1 2020, just before the start of the COVID-19 pandemic and its subsequent loss-mitigation measures, the company reported Thursday.

Volume grew across all loan types and in 43 states. Florida led the way with a 176% increase, followed by Georgia (+140%), Texas (+92%), Illinois (+41%) and Ohio (+4%).

A survey of Auction.com buyers in early January 2026 showed that details ⇒

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