05/09/2026
π‘ What's happening to the housing market right now β and what does it mean for YOU?
The spring 2026 market had all the makings of a breakout season. Inventory was rising, rates had just dipped below 6% for the first time in four years, and buyer demand was building. Then the conflict in Iran changed things...
Mortgage rates have since climbed to around 6.45%, costing buyers on an average loan roughly $109 more per month. Existing-home sales have slid a bit, and many buyers have shifted into a "wait and see" mode with growing uncertainty. But here's what's encouraging: pending sales are near their highest levels since the pandemic boom nationwide, listing views on Zillow are up 32% year-over-year, and even homeowners with sub-5% rates are starting to list. Locally we are seeing increasing inventory, albeit slowly.
The market hasn't crashed β it's paused. And in real estate, a pause can mean opportunity.
Whether you're thinking about buying, selling, or just trying to make sense of it all, I'm here to help you navigate this market with confidence. π² Drop a comment, send me a message, or give me a call 304-661-3168β let's talk about your options today!
Jen Poage, Salesperson
Fathom Realty LLC
304-661-3168
Broker Martha Hilton
1034 Washington St. E
Lewisburg WV 24901
π Read the full breakdown: https://www.inman.com/2026/05/04/the-iran-wars-impact-on-the-us-housing-market-explained/
Mortgage and credit experts explain what buyers, sellers and agents should expect from the Iran war's impact β and what to do now.