Existing home prices rose in 78% of 235 metro markets in the third quarter of 2026, down from 80% in the second quarter, according to the National Association of Realtors. Four percent of metros posted double-digit gains, down from 5%, while 21% saw prices decline.
The national median single-family existing-home price was up 1.7% year-over-year at $432,900, matching the revised second-quarter growth rate.
“Even with affordability challenges causing the housing market to stagnate, home prices continue to set record highs in most parts of the country,” said NAR Chief Economist Lawrence Yun.
Regionally, median single-family prices were up 4.0% year-over-year to $561,500 in the Northeast, up 3.6% to $342,500 in the Midwest, up 1.0% to $374,900 in the South, and down 0.6% to $629,000 in the West.
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