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United StatesHousing Market

The US's real estate market shows equilibrium between buyers and sellers. This generates fair negotiating circumstances for all parties. With a 3 months of supply and properties spending 50 days on market on average, both buyers and sellers can pursue favorable results.

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Written By Carol CFeatured Writer
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Reviewed By Deepika RHousing Market Analyst
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
August 2026
Last updated
Live MLS Data 1,626,494 active homes tracked
United States Real Estate Market Snapshot
MEDIAN HOME PRICE
$398,596↑ 2.20%
MORTGAGE RATES 30-YR
6.23%↓ 0.58%
Balanced Market
DAYS ON MARKET
50
↓ 0.00% YoY
INVENTORY
1,534,918
↑ 2.70% YoY
Home Sales icon Home Sales
Overview icon Overview
Predictions icon Predictions
Supply icon Supply
Demand icon Demand

U.S Existing Home Sales

The US existing-home sales show the aggregate transaction volume of single-family homes, condos, and townhouses. Home sales saw a marginal change in August 2026 compared to the previous year. The median home price moved to $398,596, a marginal change year over year. Inventory saw a marginal change, with 1,534,918 homes now on the market, representing 3 months of supply at the current sales pace. The home sales report is a key indicator of overall economic strength.
U.S. Existing Home Sales
1,534,918
↓ 5.07%YoY

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The US Housing Market Overview

Whether buying or selling US property, you're working within neutral conditions. The median sale price sits at $398,596 (a marginal change year-over-year), but the US real estate market's balance matters most. Properties move within 50 days on market (no change from last year), there's a moderate 3 months of supply, and homes are selling for 98.5% of listing prices. Last month, 291,769 US houses were sold, a marginal change from the previous year. These circumstances allow both buyers and sellers to reach their objectives with reasonable expectations and solid positioning.
Median Sale PriceHomes SoldMedian Days on Market30-Year Fixed Mortgage Rate
Median Sale Price
$398,596
↑ 2.20%YoY
What this chart showsMedian Sale Price
This metric shows how home prices are trending across the US. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

United States
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Updated MonthlyLast Updated: August 2026
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The US Housing Market Forecast for 2026

The US's balanced market conditions are expected to continue through 2026, creating fair opportunities for both buyers and sellers as the market stabilizes with modest rate improvements.

Market Outlook:

  • Home prices across the US forecast to appreciate 2-4% in 2026
  • Inventory growth of 5-10% provides improved selection without oversupply
  • Neither buyers nor sellers face extreme pressure in negotiations

Will the US Housing Market Crash in 2026?

Industry experts agree a crash remains unlikely. The current US real estate market represents normalization after years of constrained supply and elevated prices, not bubble conditions. Real estate professionals anticipate modest, sustainable growth rather than decline, with existing home sales projected to increase 2-14% in 2026, depending on rate movements. Both buyers and sellers can expect stable and predictable market conditions through year-end, with reasonable negotiating opportunities for all parties. The market demonstrates healthy fundamentals with balanced supply and demand dynamics supporting continued stability.
UnlikelyCrash MeterLikely

Current Market Indicators

  • Days on Market:

    50 days

  • Months of Supply:

    3 months

  • Sale-to-List Ratio:

    98.5%

  • Mortgage Rates:

    Currently- 6.23% projected to hover between 6.0% and 6.8%

The US Housing Supply

The US's inventory demonstrates balanced market dynamics. With 1,534,918 homes currently available last month, the important element is stable supply conditions. Inventory saw a marginal change year-over-year, months of supply moved to 3 from 3.6 previously, and 393,178 new properties entered the market this month (a marginal change year-over-year). This moderate inventory allows both buyers and sellers to operate without excessive pressure. For sellers wanting to utilize current conditions, this timing works well to list your home on MLS in America while the market maintains stability.
Homes for SaleNewly Listed HomesMonths of Supply
Homes for Sale
1,534,918
↑ 2.70%YoY
What this chart showsHomes for Sale
This chart shows the total number of homes currently available for sale across the US. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

United States
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Updated MonthlyLast Updated: August 2026

The US Housing Demand

The US's purchasing activity reflects equilibrium between buyers and sellers. With the sale-to-list price ratio at 98.5% last month, the primary indicator shows pricing stability. While 24.3% of properties sold over asking price (compared to 25.53% previously), the sale-to-list ratio saw a marginal change year-over-year. Meanwhile, US homes with price reductions moved from 18.23% to 19.5%. These metrics reveal a balanced market where both buyers and sellers find opportunities to negotiate and secure favorable terms.
Homes Sold Above List PriceHomes with Price DropsSale-to-List Ratio
Homes Sold Above List Price
24.3%
↑ 0.70%YoY
What this chart showsSold Above List
The line tracks the share of homes selling above their asking price over time. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

United States
location pin
Updated MonthlyLast Updated: August 2026

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Frequently Asked Questions

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Data provided by Redfin, a national real estate brokerage.

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.

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Based on information from Stellar MLS® through Oct 8, 2026, 6:30 PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 8, 2026, 6:30 PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 8, 2026, 6:30 PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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Based on information from REcolorado®, Inc.through Oct 8, 2026, 6:30 PM. Not all properties were listed and/or closed by Company. This representation is based in whole or in part on content supplied by REcolorado®, Inc. REcolorado®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by REcolorado®, Inc. may not reflect all real estate activity in the market. Some IDX listings have been excluded from this website. Any use search of data on the website, other than by a consumer looking to purchase real estate, is prohibited. If Houzeo suspect “scraping” of the data has occurred, the suspicion and any evidence will be reported to the MLS. IDX information is provided exclusively for consumers' personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by REcolorado®. The use of the IDX Data may be subject to an end user license agreement prescribed by REcolorado® as amended from time to time.
Based on information submitted to the MLS GRID as of Oct 8, 2026, 6:30 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2026 REcolorado®, Inc. All Rights Reserved.
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Based on information submitted to the MLS GRID from Unlock MLS through Oct 8, 2026, 6:31 PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Unlock MLS and its affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Unlock MLS. All Rights Reserved.
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Based on information from the Spokane Association of REALTORS® through Oct 8, 2026, 6:31 PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate. ©2026 Spokane Association of REALTORS®. All Rights Reserved.

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Based on information from the Board/Association of REALTORS® (or from the Triad MLS) through Oct 8, 2026, 6:30 PM. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s Internet Data Exchange Database. Data cannot be redistributed and cannot be used for any reason other than as provided in the contract. © 2026 Triad MLS, Inc. All rights reserved.
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Based on information from Realtracs® through Oct 8, 2026, 6:31 PM. Data courtesy of Realtracs® MLS as distributed by MLS GRID. Some IDX listings have been excluded from this website. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by Realtracs® MLS. © 2026 RealTracs Solutions. All Rights Reserved.

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Based on information from the Northwest Ohio Real Estate Information Systems, Inc. Multiple Listing Service through Oct 8, 2026, 6:30 PM. All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2026 NORIS. All rights reserved.
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 8, 2026, 6:31 PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
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Based on information from the Arizona Regional Multiple Listing Service through Oct 8, 2026, 6:30 PM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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Based on information from the Multiple Listing Service of Greenville, South Carolina, Inc. through Oct 8, 2026, 6:30 PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Based on information from OneKey MLS, through Oct 8, 2026, 6:32 PM. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 OneKey® MLS. All rights reserved.