United States Housing Market
Home prices nationwide were up 2.2% year-over-year in June. At the same time, the number of homes sold rose 4.5% and the number of homes for sale rose 0.8%.
All Home Types
U.S. Housing Market Overview
What is the housing market like right now?
Based on Redfin calculations of home data from MLS and/or public records.
What does this mean?
The direction and pace at which home prices are changing are indicators of the strength of the housing market and whether homes are becoming more or less affordable. The median price of a home in the United States is currently $408,776.
Location
Data
Jun 2026
Growth
% YoY
US
$408,776
+2.2%
Top 10 Metros in the U.S. with the Fastest Growing Sales Price
- Abilene, TX26.7%
- Cleveland, OH16.5%
- Pittsburgh, PA16.5%
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U.S. Housing Supply
Are there enough homes for sale to meet buyer demand?
All Home Types
Based on Redfin calculations of home data from MLS and/or public records.
What does this mean?
The direction and pace at which housing supply changes indicate whether the options for buyers are increasing or decreasing. They can also indicate whether homes are lingering on the market or being sold faster than sellers are listing them. There are currently 1,496,490 residential homes for sale in the United States.
Location
Data
Jun 2026
Growth
% YoY
US
1,496,490
+0.8%
U.S. Housing Demand
How competitive is the market?
All Home Types
Based on Redfin calculations of home data from MLS and/or public records.
What does this mean?
Homes that sold above list price likely received multiple offers. A high or growing percentage of homes selling above list price indicates that the housing market is competitive and bidding wars are becoming more common. A low or shrinking percentage of homes selling above list price suggests that the market is becoming less competitive.
Location
Data
Jun 2026
Growth
% YoY
US
24.1%
+0.03 pt
Top 10 Most Competitive Cities in the U.S.
Competition calculated using
U.S. Migration Trends
Where are people moving to and from?
Nationwide, 19% of homebuyers searched to move to a different metro area between Jan '26 - Mar '26. The top 5 states homebuyers searched to move to were Florida, Arizona, South Carolina, Tennessee, and Nevada while California, New York, Illinois, Washington, and Massachusetts were the top 5 states homebuyers searched to move from.
Of all the major U.S. metros, Orlando was the most searched for destination among homebuyers looking to relocate between Jan '26 - Mar '26. Next came Sarasota, Miami, Cape Coral, and Las Vegas. New York was the most searched for destination among homebuyers looking to leave, followed by Seattle, Los Angeles, San Francisco and Washington.
Moving to
Moving from
Data Unavailable
Top 10 areas people are moving to
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jan '26 - Mar '26 | ||
| 1 | 6,900 | ||
| 2 | 6,800 | ||
| 3 | 6,600 | ||
| 4 | 6,500 | ||
| 5 | 5,600 | ||
| 6 | 4,800 | ||
| 7 | 4,500 | ||
| 8 | 4,400 | ||
| 9 | 4,200 | ||
| 10 | 3,800 | ||
Top 10 areas people are moving from
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jan '26 - Mar '26 | ||
| 1 | 28,400 | ||
| 2 | 26,300 | ||
| 3 | 24,000 | ||
| 4 | 23,500 | ||
| 5 | 21,200 | ||
| 6 | 19,600 | ||
| 7 | 8,800 | ||
| 8 | 3,700 | ||
| 9 | 1,900 | ||
| 10 | 1,700 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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