06/20/2026
What's Really Happening With Home Prices Right Now
If you've heard mixed signals about the housing market lately, here's the honest, no-spin breakdown.
Nationally, prices are basically flat. Zillow's home value index shows prices up just +0.8% over the past year (May 2025โMay 2026). That's a very mild pace of growth โ not a crash, not a boom.
The "soft patch" is easing. A year ago, 36% of the 300 largest housing markets in the country were seeing year-over-year price declines. Today, that number is down to 26%. More markets are stabilizing or turning positive again.
It's a tale of two markets. Where inventory is still tight (think parts of the Northeast and Midwest), prices are holding up or even climbing. Where inventory built up fast during and after the pandemic boom โ much of the Sun Belt, including pockets of Texas, Florida, and Colorado โ prices have cooled or gone flat as buyers gained more negotiating leverage.
The gap between "winning" and "losing" markets is wide. As an extreme example: Hartford, CT is now +25.6% above its 2022 peak, while Austin, TX sits -27.3% below its 2022 peak. A lot of that comes down to which markets overheated the most during the pandemic and are now correcting back toward normal.
My take: Central Florida has had more new supply hit the market than many parts of the country, which has given buyers more breathing room and kept price growth modest here. That's good news if you're buying โ you have more leverage and more time to decide than you did a few years ago. If you're selling, pricing realistically from day one matters more than ever in this kind of market.
Thinking about buying or selling in the Orlando area? I'm happy to walk you through what this means for your specific neighborhood and price range โ no pressure, just real numbers.
Source: Zillow Home Value Index, via ResiClub
Daniel Bracho, REALTORยฎ
Absolute Realty Group
๐ฑ 407-451-0025
๐ง [email protected]