Latest snapshot: the three months ending May 2026
The typical home took 18 days to find a buyer this spring, a week longer than the same stretch in 2025, even as sales activity picked up sharply.
A 0.35-point jump in 30-year rates pushes the median local mortgage payment to 43.2% of household income — past the threshold lenders treat as a red flag.
Homes are taking notably longer to sell than last spring, even as prices edge higher and buyers return to the market in larger numbers.
Prices climbed more than 10% year-over-year in March, even as inventory grew and homes took four extra days to sell compared with last spring.