Median listing price
year over year
From last month
US Housing Market Explorer
The housing market,
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See what prices, inventory, and market pace are doing—and what those changes actually mean.
37 metros
NATIONAL MARKET
United States snapshot
Latest month compared with the same month last year
Active listings
year over year
From last month
Median days on market
year over year
From last month
Listings with price reductions
year over year
From last month
What changed?
COMPARE SIGNALS
Choice vs. competition
Inventory and time on market together show how much leverage buyers and sellers may have.
The quick read:
MARKET LANDSCAPE
See where markets are moving
Drag through the months or press play to watch the market change. Choose a signal, then explore any metro.
Price growth: Year-over-year change in median listing price.
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Monthly observations, not a forecast. Metro locations are approximate. Map outline: CC0 via Wikimedia Commons.
THE STORY BEHIND THE STATS
Three signals worth watching
No jargon—just the relationship between the numbers.
Choice & leverage
Price direction
Demand flow
Pending listings show homes moving toward a sale. Compare them with new supply to spot demand strengthening or cooling.
ALL AVAILABLE METRICS
· Monthly dataThe complete market dashboard
MetricCurrentMoMYoYWhat it tells you
Median listing price
The midpoint asking price: half of listings are above it and half are below it.
Average listing price
The mean asking price, which can be pulled upward by a smaller number of luxury listings.
Median price per sq. ft.
The typical asking price for each square foot of listed living space.
Median days on market
The midpoint number of days a listing spends on the market before closing, pending, or going off-market.
Active listings
Single-family homes and condos actively listed during the month, excluding pending listings.
New listings
Listings newly added to the market during the month.
Pending listings
Listings under contract during the month, where a pending definition is available.
Listings with price reductions
Listings that had an asking-price reduction during the month.
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About this data
Source: Realtor.com® Economic Research, Housing Inventory Core Metrics, retrieved from FRED, Federal Reserve Bank of St. Louis. ListingAI calculations. Data through .
Monthly, not seasonally adjusted data. FRED and Realtor.com may revise observations. Local markets use metropolitan statistical areas, so they may not match city boundaries. Methodology changes were incorporated into the Realtor.com series in late 2021 and 2022; historical observations were subsequently updated for consistency.