09/17/2026
A look at the August Housing Market...
The latest numbers from the National Association of REALTORS® show a market with more inventory and continued price growth, while sales remain relatively steady.
Here’s what to know:
• 📉 Existing-home sales: Down 2.0% from July to a 3.98 million annual rate
• 💰 Median home price: $429,100, up 2.0% from a year ago
• 🏠 Inventory: Up 5.9% year over year, giving buyers more options
• 📈 Year-to-date sales: Up 1.6%
• ⏳ Market conditions: Buyers have more choices, while local conditions continue to vary
The takeaway: More inventory is creating additional opportunities for buyers, while home prices continue to see modest growth.
Thinking about buying or selling? Understanding what’s happening in your local market can make all the difference.