30-yr fixed avg: 7.03% · Freddie Mac, Sep 24, 2026
Market Insights

U.S. housing market insights

National prices, mortgage rates, inventory and regional trends — updated from NAR, Freddie Mac and the U.S. Census.

U.S. Market Insights · Updated September 2026

Where the U.S. housing market stands right now

The latest national figures from the National Association of REALTORS® (August 2026 report) and Freddie Mac's weekly mortgage survey (September 24, 2026).

Median existing-home price
$429,100
▲ 1.6% year over year — 38th straight monthly gain
30-year fixed mortgage
7.03%
▲ from 6.95% last week · 15-yr at 6.42%
Homes for sale
1.62M
▲ 5.9% vs. Aug 2025 · 4.9 months' supply
Existing-home sales pace
3.98M
Annual rate · median 31 days on market
Region / TypeMedian price (Aug 2026)Change YoY
Northeast$556,900+4.3%
Midwest$340,400+3.3%
South$366,500+0.7%
Single-family homes$434,800+1.7%
Condos & co-ops$371,600+1.5%
New homes (U.S. Census)$393,700—

What it means: more inventory than at any point in over a decade gives buyers room to negotiate, while first-time buyers rose to 30% of sales. Sources: NAR Existing-Home Sales, Freddie Mac PMMS, U.S. Census New Residential Sales.

Buyer landscape

Who is buying right now

First-time buyers made up 30% of sales in August 2026, all-cash buyers 27%, and the typical home sold in 31 days. More inventory means buyers have more time and more negotiating room than in recent years.

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Prices, rates and inventory from NAR, Freddie Mac and the Census.

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Today's buyer landscape

From NAR's August 2026 Realtors Confidence Index.

30%First-time buyers
27%All-cash sales
31 daysMedian time on market
4.9 moSupply — highest in 10+ yrs

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