09/23/2026
U.S. Housing Market Rebalances Slowly | NEPA REAL ESTATE
We’re seeing a gradual shift in the U.S. housing market—active inventory is up about 4% year over year nationwide, though that growth has eased for the first time in five weeks. This is a sign of slow but steady rebalancing in favor of buyers, without any sudden surge in available homes. Homes are spending an average of 61 days on the market, which matches last year and reflects the typical late-Q3 cooling after the brisker pace earlier in 2026. New listings are down slightly—about 1% compared to last year—bringing us close to 2025 levels as affordability concerns continue to influence both buyers and sellers. The median listing price sits at $419,000, a decrease of roughly 1% year over year, and price per square foot has dipped to $222, the lowest since early 2026. Inventory gains and higher mortgage rates are gradually shifting the market toward buyers, but overall, we’re not seeing dramatic changes—just a steady, measured pace. For those navigating these conditions, having up-to-date insights and a clear strategy is more important than ever. My experience as both a Realtor and Loan Officer allows me to help clients approach this evolving market with confidence and clarity.