By Aijaz Alam
What is the median home price in the US?
The median price of an existing US home sold in September 2026 was $417,500, per the National Association of Realtors, up 1.3% from $412,300 a year earlier. Regional medians ran from $329,600 in the Midwest to $613,600 in the West. Redfin's median sale price, $389,601 in the four weeks to 25 October, was down 0.1% on a year.
- $417,500Median existing-home price, all housing typesNAR, September 2026; $412,300 a year earlier
- $432,900Median existing single-family home priceNAR, Q3 2026, up 1.7% in a year
- $389,601Median home-sale price, RedfinFour weeks to 25 Oct 2026, down 0.1% in a year
- 22%Home sellers with active listings who cut their asking priceRedfin, four weeks to 11 Oct 2026
The numbers
The full breakdown
Median existing-home price by region, September 2026
| Region | Median price | Change from a year earlier |
|---|---|---|
| West | $613,600 | -0.3% |
| Northeast | $523,600 | +4.7% |
| South | $361,000 | +0.2% |
| Midwest | $329,600 | +3.1% |
| United States | $417,500 | +1.3% |
All housing types (single-family homes, condos and co-ops) that closed in September 2026. NAR Existing-Home Sales, released 13 October 2026. October data are due in late November.
Median existing-home price by home type, September 2026
| Home type | Median price | Change from a year earlier |
|---|---|---|
| Single-family homes | $422,700 | +1.2% |
| Condos and co-ops | $363,700 | +1.2% |
| All housing types | $417,500 | +1.3% |
Existing single-family home sales by price band, September 2026
| Price band | Share of US sales | Change in sales from a year earlier |
|---|---|---|
| Under $100,000 | 2.7% | -8.4% |
| $100,000-$250,000 | 18.0% | -7.2% |
| $250,000-$500,000 | 44.9% | -2.9% |
| $500,000-$750,000 | 18.6% | -1.0% |
| $750,000-$1 million | 7.6% | -0.6% |
| $1 million or more | 8.1% | +4.1% |
NAR supplemental market data for September 2026, based on non-seasonally adjusted sample data.
The 10 most expensive US metro areas, existing single-family homes, Q3 2026
| Metro area | Median price | Change from a year earlier |
|---|---|---|
| San Jose-Sunnyvale-Santa Clara, Calif. | $1,920,000 | +0.3% |
| Anaheim-Santa Ana-Irvine, Calif. | $1,470,000 | +5.0% |
| San Francisco-Oakland-Hayward, Calif. | $1,350,900 | +2.7% |
| Urban Honolulu, Hawaii | $1,199,700 | +6.4% |
| San Diego-Carlsbad, Calif. | $1,075,000 | +6.5% |
| Los Angeles-Long Beach-Glendale, Calif. | $958,500 | +0.5% |
| San Luis Obispo-Paso Robles, Calif. | $956,300 | +2.6% |
| Salinas-Monterey, Calif. | $948,900 | -7.0% |
| Oxnard-Thousand Oaks-Ventura, Calif. | $940,000 | +0.5% |
| Bridgeport-Stamford-Norwalk, Conn. | $874,200 | +3.5% |
NAR quarterly metro area home prices, released 29 October 2026.
Redfin's weekly price measures, October 2026
| Measure | Value | Change from a year earlier | Period |
|---|---|---|---|
| Median sale price | $389,601 | -0.1% | 4 weeks to 25 Oct 2026 |
| Median sale price | $391,116 | +0.5% | 4 weeks to 11 Oct 2026 |
| Median asking price (seasonally adjusted) | $400,703 | +1.2% | 4 weeks to 25 Oct 2026 |
| Median asking price (seasonally adjusted) | $396,881 | -0.3% | 4 weeks to 11 Oct 2026 |
| Sellers with active listings who cut their asking price | 22% | 20.9% a year earlier | 4 weeks to 11 Oct 2026 |
Redfin housing market updates of 15 October 2026 (updated 21 October) and 29 October 2026, covering 900+ US metro areas. Vendor data, subject to revision. The 29 October update does not give a price-cut share.
Over time
US median existing single-family home price by quarter, 2026
| Quarter | Median price | Change from a year earlier |
|---|---|---|
| Q1 2026 | $404,300 | +0.5% |
| Q2 2026 | $434,900 | +1.5% |
| Q3 2026 | $432,900 | +1.7% |
NAR quarterly metro area home price releases of 5 May, 4 August and 29 October 2026. Single-family homes only, so the level differs from the monthly all-types median. Compare each quarter with the same quarter a year earlier, as prices are seasonal. Rows show each release as first published; NAR's Q3 release says Q2 growth was later revised to 1.7%.
Why sources differ
Same question, different answers
| Number | When | Who measured | Why it differs |
|---|---|---|---|
| $417,500 | Sep 2026 | NAR Existing-Home Sales | All existing homes (single-family, condos and co-ops) that closed in the month |
| $432,900 | Q3 2026 | NAR quarterly metro prices | Existing single-family homes only, over a three-month quarter |
| $389,601 | 4 weeks to 25 Oct 2026 | Redfin | Homes sold in 900+ metros over a rolling four weeks; vendor data |
| $400,703 | 4 weeks to 25 Oct 2026 | Redfin | Median asking price of listings, seasonally adjusted, not sale prices |
There is no single US median home price; each figure depends on which homes are counted and over what period. The most quoted, NAR's $417,500 for September 2026, is the middle price of all existing homes that closed that month, including condos and co-ops, from sales reported through multiple listing services. NAR's quarterly figure, $432,900 for the third quarter, covers single-family homes only, which cost more than condos, so it runs higher. Redfin, a brokerage, publishes a weekly median sale price from its own data across 900+ metro areas over a rolling four weeks: $389,601 to 25 October. Redfin's sample and method differ from NAR's, and it does not explain the gap, so the two should not be mixed in one series. The asking price is what sellers list at, not what buyers pay. None of these figures includes newly built homes. For the national answer, quote NAR's monthly median with its month, and use Redfin for the most recent direction of travel.
What it means
How to use these numbers
A typical existing US home now sells for about $417,500, and price growth has nearly stalled: 1.3% in a year to September, after more than three years of gains. Redfin's more recent weekly data show the median sale price slipping below its level a year earlier for the first time in more than three years, and a record 22% of sellers cut their asking price in early October.
The national figure hides a wide spread. The median West home costs nearly twice the median Midwest home, and the most expensive metros, led by San Jose at $1.92 million, are almost all in California. Most sales (44.9% of single-family homes) are between $250,000 and $500,000, but sales of homes over $1 million are the only band growing.
With 30-year mortgage rates above 7%, the price is only half of affordability. For agents and lenders, flat prices and more price cuts mean buyers have more room to negotiate, while sellers need realistic pricing from the start.
Method and sources
How it was measured
Method
- Publisher
- National Association of Realtors: Existing-Home Sales (monthly) and Metropolitan Median Area Prices (quarterly); Redfin housing market updates (weekly)
- Sample
- NAR: closed sales of existing homes reported through MLS data; quarterly figures cover single-family homes in metro areas (235 in Q1 2026). Redfin: homes listed or sold in 900+ US metro areas over four weeks.
- Definition
- Median: half of homes sold for more and half for less. Existing homes exclude newly built homes.
- Released
- NAR September 2026 release, 13 October 2026; NAR Q3 2026 metro release, 29 October 2026; Redfin updates of 15 and 29 October 2026
- Checked at source
- 31 October 2026: nar.realtor September release, supplemental data PDF and Q1, Q2 and Q3 2026 metro releases; redfin.com updates of 15 and 29 October
- Next release
- NAR publishes October 2026 existing-home sales in late November 2026; Redfin updates weekly
- Last changed
- 31 Oct 2026
- Data files
- CSV · JSON (stable links)
Sources
- Profile of Home Buyers and Sellers; Generational Trends; Existing-Home Sales, National Association of REALTORS Industry body
- Redfin Housing Market Update, Redfin Vendor data
Cite this page
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FAQ
More questions people ask
Are US home prices falling?
Barely rising. NAR's September 2026 median was up 1.3% on a year, the 39th straight monthly gain, but Redfin's median sale price for the four weeks to 25 October was down 0.1%, its first fall in more than three years.
How much is a single-family home compared with a condo?
In September 2026 the median existing single-family home sold for $422,700 and the median condo or co-op for $363,700, both up 1.2% on a year (NAR).
What is the most expensive housing market in the US?
San Jose-Sunnyvale-Santa Clara, California, where the median existing single-family home cost $1,920,000 in the third quarter of 2026 (NAR). Nine of the ten most expensive metros are in California or Hawaii.
How many homes sell for over $1 million?
8.1% of existing single-family home sales in September 2026 were at $1 million or more, and it was the only price band with more sales than a year earlier (+4.1%).
Every number on this page was checked at its original source (National Association of REALTORS, Redfin). Free to cite with a link to this page.