Median listing price
$428.95K -2.4%year over year
From last month -0.2%
US Housing Market Explorer
The housing market,
made easier to read.
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
1.13M +2.1%year over year
From last month +2.1%
Median days on market
57 days -1 dayyear over year
From last month +7.5%
Listings with price reductions
404.34K -2.2%year over year
From last month +4.0%
What changed?
There are 2.1% more active listings than a year ago, and homes are taking 1 day less to move.
COMPARE SIGNALS
Choice vs. competition
Inventory and time on market together show how much leverage buyers and sellers may have.
The quick read: Active listings is up 2.1% year over year, while days on market is down 1.7%.
MARKET LANDSCAPE
See where markets are moving
“Top” depends on what you care about. Choose a signal, then click any metro to open its full local snapshot.
Price growth: Year-over-year change in median listing price.
Comparing supported markets…
Click a metroColor reflects price growth
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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.
+2.1% inventory
Choice & leverage
More listings give buyers more options and can reduce bidding pressure.
-2.4% price · -2.2% / sq. ft.
Price direction
Typical asking prices are below last year; price per square foot confirms whether values are softening too.
+1.9% pending · -2.5% new
Demand flow
Pending listings show homes moving toward a sale. Compare them with new supply to spot demand strengthening or cooling.
ALL AVAILABLE METRICS
Jul 2026 · Monthly dataThe complete market dashboard
MetricCurrentMoMYoYWhat it tells you
$428,950-0.2%-2.4%
The midpoint asking price: half of listings are above it and half are below it.
$726,071-2.1%-1.3%
The mean asking price, which can be pulled upward by a smaller number of luxury listings.
$226-0.9%-2.2%
The typical asking price for each square foot of listed living space.
57 days+7.5%-1.7%
The midpoint number of days a listing spends on the market before closing, pending, or going off-market.
1,126,252+2.1%+2.1%
Single-family homes and condos actively listed during the month, excluding pending listings.
469,513-7.2%+1.9%
Listings under contract during the month, where a pending definition is available.
404,344+4.0%-2.2%
Listings that had an asking-price reduction during the month.
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About this data
Monthly, not seasonally adjusted housing inventory data from Realtor.com, retrieved through the Federal Reserve Bank of St. Louis FRED. 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.