Market analytics · Updated monthly

The US housing market, measured

Three years of prices, rents, inventory and time-on-market across 12 major metros — with a 12-month forecast on every one.

National median price: $536,000
Median rent: $2,065
Active inventory: 55,844
Median days on market: 33

National · 36 months

Median sale price

0.0% month over month · +3.7% year over year

Median price from Aug '23 to Jul '26: rising, $515K to $536K (+4.2%).
Period	Median price
Aug '23	$515K
Sep '23	$510K
Oct '23	$505K
Nov '23	$501K
Dec '23	$499K
Jan '24	$499K
Feb '24	$501K
Mar '24	$504K
Apr '24	$507K
May '24	$509K
Jun '24	$509K
Jul '24	$506K
Aug '24	$502K
Sep '24	$496K
Oct '24	$492K
Nov '24	$488K
Dec '24	$486K
Jan '25	$489K
Feb '25	$495K
Mar '25	$501K
Apr '25	$507K
May '25	$511K
Jun '25	$515K
Jul '25	$517K
Aug '25	$516K
Sep '25	$514K
Oct '25	$512K
Nov '25	$512K
Dec '25	$514K
Jan '26	$515K
Feb '26	$519K
Mar '26	$525K
Apr '26	$530K
May '26	$535K
Jun '26	$536K
Jul '26	$536K

National · 36 months

Active inventory

Rising inventory loosens the market and lengthens time on market.

Listings from Aug '23 to Jul '26: rising, 54,581 to 55,844 (+2.3%).
Period	Listings
Aug '23	54,581
Sep '23	54,280
Oct '23	52,717
Nov '23	50,369
Dec '23	48,330
Jan '24	47,087
Feb '24	46,822
Mar '24	47,762
Apr '24	49,807
May '24	52,914
Jun '24	56,136
Jul '24	58,409
Aug '24	59,300
Sep '24	59,042
Oct '24	58,173
Nov '24	55,734
Dec '24	52,612
Jan '25	50,904
Feb '25	49,102
Mar '25	49,824
Apr '25	51,899
May '25	54,665
Jun '25	56,031
Jul '25	58,197
Aug '25	58,628
Sep '25	57,401
Oct '25	55,431
Nov '25	52,130
Dec '25	49,389
Jan '26	47,466
Feb '26	46,478
Mar '26	46,879
Apr '26	48,812
May '26	51,823
Jun '26	54,297
Jul '26	55,844

Metro comparison

Year-over-year price change

Austin

+3.2%

Denver

+3.0%

Nashville

+3.7%

Phoenix

+3.5%

Charlotte

+3.5%

Seattle

+4.0%

Miami

+4.9%

Atlanta

+3.9%

Boston

+4.0%

Chicago

+2.8%

Dallas

+2.7%

Portland

+2.7%

DecliningGrowingYear-over-year price change

Year-over-year price change across 12 metros.
Metro	Year-over-year price change
Austin, TX	+3.2%
Denver, CO	+3.0%
Nashville, TN	+3.7%
Phoenix, AZ	+3.5%
Charlotte, NC	+3.5%
Seattle, WA	+4.0%
Miami, FL	+4.9%
Atlanta, GA	+3.9%
Boston, MA	+4.0%
Chicago, IL	+2.8%
Dallas, TX	+2.7%
Portland, OR	+2.7%

12-month forecast

Projected price movement over the next year, modelled from inventory, months of supply and recent momentum.

Austin

+5.3%

Denver

+5.7%

Nashville

+5.1%

Phoenix

+4.1%

Charlotte

+5.0%

Seattle

+6.0%

Miami

+5.7%

Atlanta

+5.8%

Boston

+6.6%

Chicago

+6.7%

Dallas

+4.3%

Portland

+5.2%

Forecast declineForecast growth12-month price forecast

12-month price forecast across 12 metros.
Metro	12-month price forecast
Austin, TX	+5.3%
Denver, CO	+5.7%
Nashville, TN	+5.1%
Phoenix, AZ	+4.1%
Charlotte, NC	+5.0%
Seattle, WA	+6.0%
Miami, FL	+5.7%
Atlanta, GA	+5.8%
Boston, MA	+6.6%
Chicago, IL	+6.7%
Dallas, TX	+4.3%
Portland, OR	+5.2%

Compare metros

Median price · 36 months

Showing 3 of max 4 metros

Comparing 3 metros from Aug '23 to Jul '26. Austin, TX falling from $502K to $498K. Denver, CO rising from $581K to $592K. Nashville, TN rising from $450K to $468K.
Month	Austin, TX	Denver, CO	Nashville, TN
Aug '23	$502K	$581K	$450K
Sep '23	$497K	$575K	$447K
Oct '23	$489K	$569K	$444K
Nov '23	$487K	$562K	$440K
Dec '23	$482K	$560K	$438K
Jan '24	$480K	$563K	$438K
Feb '24	$479K	$562K	$441K
Mar '24	$481K	$567K	$440K
Apr '24	$487K	$566K	$445K
May '24	$486K	$573K	$443K
Jun '24	$486K	$570K	$444K
Jul '24	$484K	$565K	$444K
Aug '24	$479K	$559K	$441K
Sep '24	$470K	$554K	$435K
Oct '24	$465K	$548K	$431K
Nov '24	$462K	$547K	$428K
Dec '24	$460K	$541K	$426K
Jan '25	$460K	$547K	$428K
Feb '25	$467K	$553K	$434K
Mar '25	$470K	$559K	$437K
Apr '25	$474K	$562K	$443K
May '25	$479K	$571K	$447K
Jun '25	$481K	$572K	$451K
Jul '25	$483K	$575K	$452K
Aug '25	$483K	$574K	$451K
Sep '25	$482K	$573K	$449K
Oct '25	$478K	$567K	$450K
Nov '25	$478K	$564K	$450K
Dec '25	$477K	$569K	$449K
Jan '26	$477K	$567K	$452K
Feb '26	$482K	$574K	$455K
Mar '26	$487K	$581K	$458K
Apr '26	$490K	$585K	$466K
May '26	$498K	$591K	$469K
Jun '26	$498K	$596K	$468K
Jul '26	$498K	$592K	$468K