National Housing Market Report
Report period: August 2026
National Housing Market Report – August 2026
National · Last updated Aug 25, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$625,200
−0.5%
Median DOM (Sales)
45
+1.6%
New Listings (Sales)
25,529
−64.5%
Median Rent
$2,221
−0.0%
Median DOM (Rental)
16
−1.2%
Total Rental Listings
278,632
−2.7%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (38 DOM)
- Fastest renting: Single Family (15 DOM)
- Strongest bedroom: 7 Beds ($1,686,908 median)
Sales Market Overview
Median Price
$627,237
−0.5%
Median DOM
45
+1.6%
New Listings
25,746
−64.5%
Inventory
273,364
−1.5%
- Average Price: $743,391
- Median Price: $627,237
- Price Range: $165,341 – $3,651,757
- Price per Sq Ft (Avg/Median): $359 / $342
- Square Footage (Avg/Median): 2,114 / 1,885
- Square Footage Range: 759 – 6,606
- Days on Market (Avg/Median): 64 / 45
- Days on Market Range: 4 – 298
- New Listings: 25,746
- Total Listings: 273,364
Sales by Property Type
Land
Avg/Median Price$862,330 / $608,432Range$391,659 – $2,273,388Price per Sq Ft—Sq Ft—DOM117 / 97New909Total16,133
Manufactured
Avg/Median Price$255,526 / $240,307Range$187,233 – $357,939Price per Sq Ft$183 / $170Sq Ft1,377 / 1,317DOM78 / 60New258Total4,411
Single Family
Avg/Median Price$916,324 / $782,941Range$381,694 – $2,936,745Price per Sq Ft$379 / $359Sq Ft2,445 / 2,237DOM55 / 38New15,770Total155,051
Townhouse
Avg/Median Price$603,560 / $573,696Range$409,563 – $946,517Price per Sq Ft$337 / $329Sq Ft1,791 / 1,722DOM61 / 45New3,664Total35,332
Multi-Family
Avg/Median Price$891,967 / $803,827Range$655,678 – $1,357,328Price per Sq Ft$358 / $330Sq Ft2,593 / 2,319DOM76 / 60New809Total8,044
Condo
Avg/Median Price$444,788 / $394,681Range$247,539 – $1,094,996Price per Sq Ft$349 / $336Sq Ft1,290 / 1,212DOM71 / 56New4,329Total54,235
Apartment
Avg/Median Price$792,293 / $735,463Range$682,935 – $906,591Price per Sq Ft$459 / $436Sq Ft1,994 / 1,920DOM83 / 75New7Total155
Sales by Bedroom Count
Studio
Avg:$627,196Median:$583,376Range:$543,048 – $823,679PSF:$412 / $396Sq Ft:1,777 / 1,651DOM:89 / 79New:121Total:2,596
1 Beds
Avg:$339,998Median:$298,851Range:$238,024 – $572,138PSF:$400 / $372Sq Ft:862 / 810DOM:72 / 58New:1,096Total:16,214
2 Beds
Avg:$455,961Median:$408,888Range:$233,656 – $1,009,509PSF:$361 / $337Sq Ft:1,285 / 1,207DOM:66 / 49New:4,164Total:47,746
3 Beds
Avg:$687,287Median:$628,050Range:$307,803 – $1,723,486PSF:$375 / $359Sq Ft:1,842 / 1,739DOM:56 / 39New:9,469Total:91,773
4 Beds
Avg:$947,432Median:$845,766Range:$494,680 – $2,250,618PSF:$365 / $349Sq Ft:2,585 / 2,424DOM:56 / 38New:6,789Total:65,025
5 Beds
Avg:$1,239,833Median:$1,094,854Range:$729,681 – $2,407,830PSF:$360 / $341Sq Ft:3,382 / 3,142DOM:61 / 44New:2,460Total:24,497
6 Beds
Avg:$1,512,250Median:$1,333,594Range:$1,027,305 – $2,275,765PSF:$357 / $331Sq Ft:4,196 / 3,851DOM:73 / 56New:508Total:6,610
8 Beds
Avg:$1,499,059Median:$1,398,045Range:$1,343,279 – $1,683,418PSF:$353 / $328Sq Ft:4,598 / 4,418DOM:90 / 79New:98Total:1,139
7 Beds
Avg:$1,830,507Median:$1,686,908Range:$1,569,982 – $2,154,924PSF:$357 / $341Sq Ft:5,045 / 4,730DOM:75 / 63New:132Total:1,631
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $627,196 | $583,376 | $543,048 – $823,679 | $412 / $396 | 1,777 / 1,651 | 89 / 79 | 121 | 2,596 |
| 1 Beds | $339,998 | $298,851 | $238,024 – $572,138 | $400 / $372 | 862 / 810 | 72 / 58 | 1,096 | 16,214 |
| 2 Beds | $455,961 | $408,888 | $233,656 – $1,009,509 | $361 / $337 | 1,285 / 1,207 | 66 / 49 | 4,164 | 47,746 |
| 3 Beds | $687,287 | $628,050 | $307,803 – $1,723,486 | $375 / $359 | 1,842 / 1,739 | 56 / 39 | 9,469 | 91,773 |
| 4 Beds | $947,432 | $845,766 | $494,680 – $2,250,618 | $365 / $349 | 2,585 / 2,424 | 56 / 38 | 6,789 | 65,025 |
| 5 Beds | $1,239,833 | $1,094,854 | $729,681 – $2,407,830 | $360 / $341 | 3,382 / 3,142 | 61 / 44 | 2,460 | 24,497 |
| 6 Beds | $1,512,250 | $1,333,594 | $1,027,305 – $2,275,765 | $357 / $331 | 4,196 / 3,851 | 73 / 56 | 508 | 6,610 |
| 8 Beds | $1,499,059 | $1,398,045 | $1,343,279 – $1,683,418 | $353 / $328 | 4,598 / 4,418 | 90 / 79 | 98 | 1,139 |
| 7 Beds | $1,830,507 | $1,686,908 | $1,569,982 – $2,154,924 | $357 / $341 | 5,045 / 4,730 | 75 / 63 | 132 | 1,631 |
Rental Market Overview
Median Rent
$2,225
−0.0%
Median DOM
17
−1.2%
New Listings
78,713
Inventory
279,341
−2.7%
- Average Rent: $2,391
- Median Rent: $2,225
- Rent Range: $1,176 – $5,721
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,338 / 1,193
- Square Footage Range: 551 – 4,177
- Days on Market (Avg/Median): 38 / 17
- Days on Market Range: 5 – 269
- New Listings: 78,713
- Total Listings: 279,341
Rentals by Property Type
Apartment
$1,776
Median DOM: 42
Inventory: 164,615
MoM: −0.0%
Condo
$1,972
Median DOM: 24
Inventory: 30,258
MoM: −0.0%
Single Family
$2,844
Median DOM: 15
Inventory: 59,260
MoM: −0.0%
Townhouse
$2,595
Median DOM: 26
Inventory: 18,115
MoM: −0.0%
Manufactured
Avg/Median Rent$1,893 / $1,849Range$1,821 – $1,971Rent per Sq Ft$2 / $2Sq Ft1,225 / 1,150DOM54 / 48New11Total159
Single Family
Avg/Median Rent$2,982 / $2,844Range$1,525 – $5,502Rent per Sq Ft$2 / $2Sq Ft1,765 / 1,629DOM30 / 15New14,287Total59,260
Apartment
Avg/Median Rent$1,885 / $1,776Range$1,205 – $3,808Rent per Sq Ft$2 / $2Sq Ft903 / 819DOM65 / 42New55,403Total164,615
Condo
Avg/Median Rent$2,098 / $1,972Range$1,445 – $3,240Rent per Sq Ft$2 / $2Sq Ft1,092 / 1,005DOM38 / 24New5,330Total30,258
Townhouse
Avg/Median Rent$2,701 / $2,595Range$1,994 – $3,643Rent per Sq Ft$2 / $2Sq Ft1,494 / 1,416DOM41 / 26New2,980Total18,115
Multi-Family
Avg/Median Rent$2,043 / $1,955Range$1,743 – $2,459Rent per Sq Ft$2 / $2Sq Ft1,256 / 1,133DOM53 / 43New702Total6,908
Rentals by Bedroom Count
1 Beds
Avg:$1,659Median:$1,615Range:$1,132 – $2,538PSF:$2 / $2Sq Ft:774 / 714DOM:61 / 36New:28,433Total:92,591
2 Beds
Avg:$2,167Median:$2,082Range:$1,489 – $3,539PSF:$2 / $2Sq Ft:1,124 / 1,044DOM:38 / 18New:27,730Total:86,352
3 Beds
Avg:$2,916Median:$2,803Range:$2,001 – $4,633PSF:$2 / $2Sq Ft:1,588 / 1,498DOM:33 / 16New:12,478Total:52,280
4 Beds
Avg:$3,609Median:$3,432Range:$2,716 – $5,143PSF:$2 / $2Sq Ft:2,169 / 2,064DOM:33 / 19New:4,367Total:19,980
5 Beds
Avg:$4,247Median:$4,052Range:$3,671 – $5,047PSF:$2 / $2Sq Ft:2,777 / 2,647DOM:41 / 32New:950Total:4,660
Studio
Avg:$1,575Median:$1,485Range:$1,255 – $2,068PSF:$3 / $3Sq Ft:590 / 532DOM:68 / 46New:4,572Total:22,639
6 Beds
Avg:$4,626Median:$4,488Range:$4,355 – $4,962PSF:$1 / $1Sq Ft:3,363 / 3,273DOM:36 / 29New:152Total:697
8 Beds
Avg:$4,440Median:$4,271Range:$3,762 – $4,881PSF:$2 / $2Sq Ft:3,196 / 3,204DOM:65 / 60New:8Total:45
7 Beds
Avg:$5,238Median:$5,081Range:$4,671 – $5,701PSF:$2 / $2Sq Ft:3,710 / 3,510DOM:61 / 57New:23Total:97
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,659 | $1,615 | $1,132 – $2,538 | $2 / $2 | 774 / 714 | 61 / 36 | 28,433 | 92,591 |
| 2 Beds | $2,167 | $2,082 | $1,489 – $3,539 | $2 / $2 | 1,124 / 1,044 | 38 / 18 | 27,730 | 86,352 |
| 3 Beds | $2,916 | $2,803 | $2,001 – $4,633 | $2 / $2 | 1,588 / 1,498 | 33 / 16 | 12,478 | 52,280 |
| 4 Beds | $3,609 | $3,432 | $2,716 – $5,143 | $2 / $2 | 2,169 / 2,064 | 33 / 19 | 4,367 | 19,980 |
| 5 Beds | $4,247 | $4,052 | $3,671 – $5,047 | $2 / $2 | 2,777 / 2,647 | 41 / 32 | 950 | 4,660 |
| Studio | $1,575 | $1,485 | $1,255 – $2,068 | $3 / $3 | 590 / 532 | 68 / 46 | 4,572 | 22,639 |
| 6 Beds | $4,626 | $4,488 | $4,355 – $4,962 | $1 / $1 | 3,363 / 3,273 | 36 / 29 | 152 | 697 |
| 8 Beds | $4,440 | $4,271 | $3,762 – $4,881 | $2 / $2 | 3,196 / 3,204 | 65 / 60 | 8 | 45 |
| 7 Beds | $5,238 | $5,081 | $4,671 – $5,701 | $2 / $2 | 3,710 / 3,510 | 61 / 57 | 23 | 97 |
6-Month Sales Trend
Feb 2026
Median Price:$948,000Median DOM:34New:251Total:1,012
Mar 2026
Median Price:$632,597Median DOM:37New:74,655Total:238,311
Apr 2026
Median Price:$637,911Median DOM:35New:77,075Total:257,791
May 2026
Median Price:$640,196Median DOM:36New:78,996Total:272,476
Jun 2026
Median Price:$640,512Median DOM:39New:78,068Total:278,782
Jul 2026
Median Price:$628,567Median DOM:44New:71,911Total:276,352
Aug 2026
Median Price:$625,200Median DOM:45New:25,529Total:272,301
6-Month Rental Trend
Feb 2026
Median Rent:$2,897Median DOM:20New:142Total:476
Mar 2026
Median Rent:$2,160Median DOM:18New:129,540Total:270,915
Apr 2026
Median Rent:$2,156Median DOM:16New:134,543Total:283,164
May 2026
Median Rent:$2,172Median DOM:15New:137,753Total:289,361
Jun 2026
Median Rent:$2,203Median DOM:15New:135,527Total:288,508
Jul 2026
Median Rent:$2,221Median DOM:16New:127,804Total:286,416
Aug 2026
Median Rent:$2,221Median DOM:16New:78,491Total:278,632
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory tightened.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
Metro Markets
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