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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
United States Housing Market Forecast 2026AI-powered forecast for prices, inventory & market trends
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
7.18%↓ 0.06%
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
1,064,758
↓ 54.25%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- 7.18% 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 3.5 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 25.65% previously), the sale-to-list ratio saw a marginal change year-over-year. Meanwhile, US homes with price reductions moved from 17.56% 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 Nov 9, 2026, 1:00 AM 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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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, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.
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Based on information from the Doorify MLS (Triangle MLS, Inc.) through Nov 9, 2026, 1:00 AM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. © 2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Non-MLS properties are not included. Properties sold were listed/sold by various MLS participating offices. © 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved.

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Based on information from the West Penn Mutli-List, INC through Nov 9, 2026, 1:00 AM. Information is provided exclusively for consumers’ 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 West Penn Multi-List, Inc. All Rights Reserved. 

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Based on information from State-Wide MLS through Nov 9, 2026, 1:00 AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. 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 State-Wide MLS, Inc. All rights reserved.
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Information Deemed Reliable But Not Guaranteed. © 2026 Georgia Multiple Listing Service. 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 Nov 9, 2026, 1:01 AM. 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 Nov 9, 2026, 1:00 AM. 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 provided to and compiled by MLS Property Information Network, Inc. covering through Nov 9, 2026, 1:00 AM. The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
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Based on information from Bright MLS through Nov 9, 2026, 1:00 AM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. 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 Bright MLS, Inc. All Rights Reserved. Click here for more information

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Based on information from the Greater Las Vegas Association of REALTORS® Multiple Listing Service through Nov 9, 2026, 1:00 AM. The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed. Copyright 2026 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
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Based on information from OneKey MLS® through Nov 9, 2026, 1:01 AM as submitted to and distributed by MLS GRID. 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. 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 OneKey MLS. All rights reserved.
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These properties were listed and sold by various Participants of the NJMLS based on information from the New Jersey Multiple Listing Service, Inc through Nov 9, 2026, 1:00 AM. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Your Town Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information deemed reliable but not guaranteed accurate by the MLS. Last date updated: Nov 9, 2026, 1:00 AM.

Source: New Jersey Multiple Listing Service, Inc.

© 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.