National Housing Market Report
Report period: August 2026
National Housing Market Report – August 2026
National · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$622,689
−0.9%
Median DOM (Sales)
44
+0.4%
New Listings (Sales)
20,992
−68.6%
Median Rent
$2,215
−0.2%
Median DOM (Rental)
16
−1.5%
Total Rental Listings
237,964
−16.5%
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 ($1,703,027 median)
Sales Market Overview
Median Price
$627,481
−0.9%
Median DOM
45
+0.4%
New Listings
25,755
−68.6%
Inventory
273,734
−14.4%
- Average Price: $743,303
- Median Price: $627,481
- Price Range: $164,609 – $3,642,618
- Price per Sq Ft (Avg/Median): $359 / $342
- Square Footage (Avg/Median): 2,114 / 1,887
- Square Footage Range: 760 – 6,606
- Days on Market (Avg/Median): 63 / 45
- Days on Market Range: 4 – 297
- New Listings: 25,755
- Total Listings: 273,734
Sales by Property Type
Land
Avg/Median Price$863,498 / $607,665Range$392,068 – $2,271,776Price per Sq Ft—Sq Ft—DOM117 / 97New874Total15,961
Manufactured
Avg/Median Price$244,765 / $217,758Range$164,160 – $359,514Price per Sq Ft$183 / $168Sq Ft1,338 / 1,242DOM77 / 59New245Total4,392
Single Family
Avg/Median Price$914,402 / $782,430Range$381,706 – $2,927,000Price per Sq Ft$378 / $359Sq Ft2,446 / 2,240DOM55 / 38New15,790Total154,865
Townhouse
Avg/Median Price$602,492 / $570,397Range$407,837 – $947,054Price per Sq Ft$336 / $328Sq Ft1,787 / 1,716DOM60 / 45New3,673Total35,308
Multi-Family
Avg/Median Price$886,820 / $800,872Range$655,160 – $1,350,562Price per Sq Ft$357 / $329Sq Ft2,588 / 2,310DOM76 / 60New792Total8,078
Condo
Avg/Median Price$445,776 / $395,678Range$247,156 – $1,087,982Price per Sq Ft$349 / $337Sq Ft1,292 / 1,212DOM72 / 57New4,373Total54,969
Apartment
Avg/Median Price$701,560 / $619,315Range$550,557 – $882,968Price per Sq Ft$423 / $409Sq Ft2,000 / 1,949DOM76 / 65New8Total158
Sales by Bedroom Count
Studio
Avg:$637,128Median:$594,304Range:$552,671 – $832,858PSF:$411 / $397Sq Ft:1,809 / 1,684DOM:90 / 80New:126Total:2,722
1 Beds
Avg:$340,544Median:$299,896Range:$237,648 – $573,864PSF:$401 / $374Sq Ft:864 / 813DOM:72 / 58New:1,116Total:16,415
2 Beds
Avg:$455,270Median:$409,071Range:$233,076 – $1,004,424PSF:$361 / $337Sq Ft:1,284 / 1,207DOM:66 / 49New:4,153Total:47,966
3 Beds
Avg:$687,697Median:$630,331Range:$307,697 – $1,719,946PSF:$375 / $360Sq Ft:1,844 / 1,741DOM:56 / 38New:9,549Total:91,837
4 Beds
Avg:$949,371Median:$844,488Range:$496,348 – $2,250,618PSF:$365 / $348Sq Ft:2,590 / 2,430DOM:55 / 38New:6,744Total:65,037
5 Beds
Avg:$1,243,777Median:$1,098,899Range:$733,684 – $2,409,159PSF:$361 / $342Sq Ft:3,382 / 3,148DOM:60 / 44New:2,448Total:24,436
6 Beds
Avg:$1,508,177Median:$1,332,443Range:$1,019,258 – $2,272,891PSF:$356 / $331Sq Ft:4,195 / 3,850DOM:73 / 56New:519Total:6,588
8 Beds
Avg:$1,491,971Median:$1,401,325Range:$1,346,425 – $1,671,716PSF:$348 / $327Sq Ft:4,620 / 4,444DOM:91 / 80New:91Total:1,130
7 Beds
Avg:$1,846,412Median:$1,703,027Range:$1,587,473 – $2,170,815PSF:$360 / $344Sq Ft:5,071 / 4,748DOM:75 / 63New:135Total:1,642
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $637,128 | $594,304 | $552,671 – $832,858 | $411 / $397 | 1,809 / 1,684 | 90 / 80 | 126 | 2,722 |
| 1 Beds | $340,544 | $299,896 | $237,648 – $573,864 | $401 / $374 | 864 / 813 | 72 / 58 | 1,116 | 16,415 |
| 2 Beds | $455,270 | $409,071 | $233,076 – $1,004,424 | $361 / $337 | 1,284 / 1,207 | 66 / 49 | 4,153 | 47,966 |
| 3 Beds | $687,697 | $630,331 | $307,697 – $1,719,946 | $375 / $360 | 1,844 / 1,741 | 56 / 38 | 9,549 | 91,837 |
| 4 Beds | $949,371 | $844,488 | $496,348 – $2,250,618 | $365 / $348 | 2,590 / 2,430 | 55 / 38 | 6,744 | 65,037 |
| 5 Beds | $1,243,777 | $1,098,899 | $733,684 – $2,409,159 | $361 / $342 | 3,382 / 3,148 | 60 / 44 | 2,448 | 24,436 |
| 6 Beds | $1,508,177 | $1,332,443 | $1,019,258 – $2,272,891 | $356 / $331 | 4,195 / 3,850 | 73 / 56 | 519 | 6,588 |
| 8 Beds | $1,491,971 | $1,401,325 | $1,346,425 – $1,671,716 | $348 / $327 | 4,620 / 4,444 | 91 / 80 | 91 | 1,130 |
| 7 Beds | $1,846,412 | $1,703,027 | $1,587,473 – $2,170,815 | $360 / $344 | 5,071 / 4,748 | 75 / 63 | 135 | 1,642 |
Rental Market Overview
Median Rent
$2,222
−0.2%
Median DOM
17
−1.5%
New Listings
78,866
Inventory
278,917
−16.5%
- Average Rent: $2,390
- Median Rent: $2,222
- Rent Range: $1,174 – $5,719
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,338 / 1,193
- Square Footage Range: 551 – 4,172
- Days on Market (Avg/Median): 38 / 17
- Days on Market Range: 5 – 269
- New Listings: 78,866
- Total Listings: 278,917
Rentals by Property Type
Apartment
$1,775
Median DOM: 41
Inventory: 165,270
MoM: −0.2%
Condo
$1,972
Median DOM: 24
Inventory: 29,321
MoM: −0.2%
Single Family
$2,837
Median DOM: 15
Inventory: 59,205
MoM: −0.2%
Townhouse
$2,601
Median DOM: 26
Inventory: 18,052
MoM: −0.2%
Manufactured
Avg/Median Rent$1,887 / $1,845Range$1,813 – $1,966Rent per Sq Ft$2 / $2Sq Ft1,226 / 1,152DOM53 / 46New11Total159
Single Family
Avg/Median Rent$2,974 / $2,837Range$1,521 – $5,488Rent per Sq Ft$2 / $2Sq Ft1,761 / 1,625DOM31 / 15New14,258Total59,205
Apartment
Avg/Median Rent$1,886 / $1,775Range$1,202 – $3,815Rent per Sq Ft$2 / $2Sq Ft903 / 818DOM65 / 41New55,472Total165,270
Condo
Avg/Median Rent$2,099 / $1,972Range$1,451 – $3,251Rent per Sq Ft$2 / $2Sq Ft1,090 / 1,003DOM38 / 24New5,457Total29,321
Townhouse
Avg/Median Rent$2,701 / $2,601Range$1,996 – $3,639Rent per Sq Ft$2 / $2Sq Ft1,496 / 1,417DOM41 / 26New2,955Total18,052
Multi-Family
Avg/Median Rent$2,040 / $1,952Range$1,742 – $2,448Rent per Sq Ft$2 / $2Sq Ft1,257 / 1,127DOM53 / 43New713Total6,884
Rentals by Bedroom Count
1 Beds
Avg:$1,659Median:$1,615Range:$1,133 – $2,537PSF:$2 / $2Sq Ft:774 / 715DOM:61 / 36New:28,485Total:92,433
2 Beds
Avg:$2,166Median:$2,081Range:$1,489 – $3,548PSF:$2 / $2Sq Ft:1,126 / 1,045DOM:38 / 18New:27,684Total:86,258
3 Beds
Avg:$2,918Median:$2,808Range:$2,004 – $4,635PSF:$2 / $2Sq Ft:1,586 / 1,498DOM:34 / 16New:12,549Total:52,281
4 Beds
Avg:$3,602Median:$3,425Range:$2,712 – $5,134PSF:$2 / $2Sq Ft:2,165 / 2,061DOM:34 / 20New:4,343Total:19,891
5 Beds
Avg:$4,257Median:$4,062Range:$3,675 – $5,061PSF:$2 / $2Sq Ft:2,778 / 2,646DOM:41 / 31New:960Total:4,661
Studio
Avg:$1,569Median:$1,482Range:$1,252 – $2,057PSF:$3 / $3Sq Ft:591 / 533DOM:67 / 46New:4,658Total:22,563
6 Beds
Avg:$4,605Median:$4,472Range:$4,342 – $4,933PSF:$1 / $1Sq Ft:3,348 / 3,265DOM:38 / 32New:155Total:689
8 Beds
Avg:$4,526Median:$4,356Range:$3,848 – $4,967PSF:$2 / $2Sq Ft:3,181 / 3,188DOM:67 / 63New:8Total:44
7 Beds
Avg:$5,290Median:$5,143Range:$4,732 – $5,743PSF:$2 / $2Sq Ft:3,722 / 3,522DOM:60 / 56New:24Total:97
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,659 | $1,615 | $1,133 – $2,537 | $2 / $2 | 774 / 715 | 61 / 36 | 28,485 | 92,433 |
| 2 Beds | $2,166 | $2,081 | $1,489 – $3,548 | $2 / $2 | 1,126 / 1,045 | 38 / 18 | 27,684 | 86,258 |
| 3 Beds | $2,918 | $2,808 | $2,004 – $4,635 | $2 / $2 | 1,586 / 1,498 | 34 / 16 | 12,549 | 52,281 |
| 4 Beds | $3,602 | $3,425 | $2,712 – $5,134 | $2 / $2 | 2,165 / 2,061 | 34 / 20 | 4,343 | 19,891 |
| 5 Beds | $4,257 | $4,062 | $3,675 – $5,061 | $2 / $2 | 2,778 / 2,646 | 41 / 31 | 960 | 4,661 |
| Studio | $1,569 | $1,482 | $1,252 – $2,057 | $3 / $3 | 591 / 533 | 67 / 46 | 4,658 | 22,563 |
| 6 Beds | $4,605 | $4,472 | $4,342 – $4,933 | $1 / $1 | 3,348 / 3,265 | 38 / 32 | 155 | 689 |
| 8 Beds | $4,526 | $4,356 | $3,848 – $4,967 | $2 / $2 | 3,181 / 3,188 | 67 / 63 | 8 | 44 |
| 7 Beds | $5,290 | $5,143 | $4,732 – $5,743 | $2 / $2 | 3,722 / 3,522 | 60 / 56 | 24 | 97 |
6-Month Sales Trend
Feb 2026
Median Price:$678,814Median DOM:48New:6,670Total:29,296
Mar 2026
Median Price:$632,126Median DOM:37New:74,533Total:237,949
Apr 2026
Median Price:$637,458Median DOM:35New:76,926Total:257,389
May 2026
Median Price:$639,766Median DOM:36New:78,821Total:272,001
Jun 2026
Median Price:$640,063Median DOM:39New:77,891Total:278,313
Jul 2026
Median Price:$628,439Median DOM:44New:66,784Total:275,877
Aug 2026
Median Price:$622,689Median DOM:44New:20,992Total:236,063
6-Month Rental Trend
Feb 2026
Median Rent:$2,389Median DOM:27New:11,051Total:35,596
Mar 2026
Median Rent:$2,160Median DOM:18New:129,266Total:270,487
Apr 2026
Median Rent:$2,156Median DOM:16New:134,248Total:282,692
May 2026
Median Rent:$2,172Median DOM:15New:137,447Total:288,849
Jun 2026
Median Rent:$2,202Median DOM:15New:135,161Total:287,964
Jul 2026
Median Rent:$2,220Median DOM:16New:121,554Total:285,108
Aug 2026
Median Rent:$2,215Median DOM:16New:71,187Total:237,964
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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