09/29/2026
U.S. Housing Market Rebalances Slowly
Navigating the current U.S. housing landscape, I’ve noticed active inventory is up about 4% year-over-year—a gentle shift that suggests the market is rebalancing in favor of buyers, though it’s happening gradually rather than with any dramatic changes in supply. Homes are spending an average of 61 days on the market, which is right in line with last year and reflects the typical late Q3 slowdown that often follows a quicker pace earlier in the year. New listings have dipped by around 1% from last year, almost mirroring 2025 levels, as affordability challenges keep many buyers cautious and some sellers on the sidelines. The median listing price now stands at $419,000, just about 1% lower than this time last year, and the median price per square foot has edged down to $222—the lowest since early 2026. As inventory grows and mortgage rates remain elevated, we’re seeing supply and demand shift gradually toward buyers. Still, the market overall is moving at a measured, steady pace. After two decades guiding clients through these cycles, I know how important it is to keep perspective during these transitions—especially when every move is both a financial and emotional decision.
