April’s Key Takeaways
- The national median sales price reached $445,000 in April 2026, up 1.5% year over year — the 34th consecutive month of annual price appreciation.
- New listings outpaced closed sales during the month, nudging inventory higher.
- Homes sold in an average of 45 days, five fewer than in March but four more than a year ago.
- Buyers paid 99% of asking price on average, flat compared to both March 2026 and April 2025. Months’ supply of inventory held at 2.3, slightly below the 2.4 recorded in April 2025.
April 2026 Housing Market Update: What Buyers and Sellers Need to Know
Spring brought more homes to the market in April. More homes than buyers even purchased. That gap between supply and demand is what defined the month. It’s worth unpacking what it actually means for anyone thinking about buying or selling a home right now. Here’s a breakdown of what the REMAX April 2026 National Housing Report found across 51 U.S. metro areas.
More Listings, More Choices
New listings climbed 10.5% from March to April. Year over year, they were down just 1.3%, remaining essentially flat. The net result: total homes for sale grew 4.5% month over month and 2.0% compared to April 2025. For buyers, that’s the most meaningful shift in a while.
More available homes means more options, more time to make decisions, and in some markets, more room to negotiate.
Not every market followed the national trend, though. Dover, DE saw new listings fall 33.0% year over year. Trenton, NJ dropped 28.3%, and Baltimore, MD was down 23.4%. On the other end, Indianapolis, IN added 17.8% more new listings than a year ago, Pittsburgh, PA added 15.4%, and Seattle, WA was up 14.5%.
Sales Held Steady
Home sales rose 7.6% from March — typical for the spring season. On a year-over-year basis, sales were nearly flat, up just 0.1% across the 51 markets in the report. Burlington, VT led all metros with a 17.4% sales increase compared to April 2025. Omaha, NE followed at +12.9%, and Salt Lake City, UT came in at +12.0%. Hartford, CT saw the steepest year-over-year decline at -11.8%, with Honolulu, HI (-8.4%) and Providence, RI (-8.2%) also pulling back.
Prices Climbed
The median sales price in April 2026 was $445,000, up 1.4% from March and 1.5% from a year ago. April marked the 34th straight month of year-over-year price appreciation. It’s a streak that has continued despite some softening in sales activity. Providence, RI posted the biggest price jump among all metros, up 8.5% year over year. Pittsburgh, PA rose 8.4%, and Kansas City, MO was up 7.6%.
At the other end, Burlington, VT fell 7.2%, while Bozeman, MT, Houston, TX, Minneapolis, MN, and Seattle, WA each declined around 2.0%. For sellers, that price stability is worth noting. In many markets, well-prepared, correctly priced homes are still drawing significant buyer interest.
Homes Sold Faster Than Last Month — But Slower Than Last Year
The average days on market in April was 45. That’s five days fewer than in March, a meaningful improvement heading into the peak selling season. Compared to April 2025, though, homes took four additional days to sell. The fastest-moving markets were Manchester, NH at just 14 days, Hartford, CT at 17, and Richmond, VA at 24.
On the slower end, San Antonio, TX averaged 84 days, Miami, FL came in at 78, and Phoenix, AZ averaged 72. Ricky Cantore, a sales associate with REMAX Advantage Realty in Columbia, Maryland, described what that range looks like from the ground:
“In some cases, well-prepared homes are still getting 20 or more offers and selling well above asking, while others are sitting longer if they’re not priced right. It’s more balanced than it’s been in recent years, but buyers still need to be well-prepared and ready to act quickly.”
Inventory Was Up
Months’ supply of inventory came in at 2.3 in April — identical to March and slightly below the 2.4 recorded a year ago. By historical standards, anything below 4–6 months generally favors sellers, so despite the loosening, the overall market hasn’t flipped. Miami, FL had the highest months’ supply at 5.4, followed by New Orleans, LA at 4.7 and San Antonio, TX at 4.6.
Those markets offer buyers the most breathing room. Hartford, CT (0.8 months), Manchester, NH (0.9 months), and Albuquerque, NM (1.0 months) were the tightest, where sellers hold a clear edge.
Buyers Paid Close to Asking
The close-to-list price ratio held at 99% in April, unchanged from March 2026 and April 2025. Buyers nationally are still paying very close to what sellers ask — a sign that demand has cooled somewhat from the peak years, but hasn’t softened dramatically.
San Francisco, CA remained an outlier at 107.3%, meaning the average home there sold above asking. Hartford, CT (104.0%) and Richmond, VA (101.5%) were also above the line. Miami, FL had the lowest ratio at 93.9%, followed by Tampa, FL at 96.6% and Houston, TX at 96.9% — markets where buyers generally have a bit more leverage.
What This Means Right Now
REMAX President and Chief Growth Officer Chris Lim put it plainly: “More homes came onto the market faster than buyers were purchasing, which means buyers had more choices than they’ve had in a while. At the same time, prices were stable. Overall, it’s a steadier, less competitive environment than we’ve seen recently, and that’s giving both buyers and sellers a better chance to make confident decisions.”
For buyers, the window of more balanced conditions is real — but local dynamics vary considerably. In some neighborhoods, competitive bidding is still the norm. Getting pre-approved before searching and working with a knowledgeable local agent remains essential.
For sellers, pricing accuracy matters more than ever. Homes that hit the market at the right number are moving well. Those that come in too high are sitting while spring foot traffic moves on. A REMAX agent can help establish a competitive list price based on what’s actually selling nearby.
Frequently Asked Questions
What was the median home price in April 2026?
The median sales price across the 51 metro areas in the REMAX National Housing Report was $445,000 in April 2026, up 1.5% from April 2025 and 1.4% from March 2026.
How long did homes take to sell in April 2026?
Homes sold in an average of 45 days in April 2026 — five days fewer than in March 2026, but four days more than in April 2025.
Did home inventory increase in April 2026?
Yes. Total homes for sale grew 4.5% from March 2026 and 2.0% year over year. New listings also climbed 10.5% month over month, outpacing closed sales during the month.
What markets had the most available inventory in April 2026?
Miami, FL (5.4 months’ supply), New Orleans, LA (4.7 months), and San Antonio, TX (4.6 months) had the highest inventory levels, offering buyers more options and negotiating room. What markets were most competitive for buyers in April 2026? Hartford, CT (0.8 months’ supply), Manchester, NH (0.9 months), and Albuquerque, NM (1.0 months) were the tightest markets, with homes selling quickly and close-to-list ratios above 100%.
Did home prices go up or down in April 2026?
Prices went up. The national median rose 1.5% year over year to $445,000 — the 34th consecutive month of annual price gains. Individual markets varied, with Providence, RI (+8.5%) leading increases and Burlington, VT (-7.2%) seeing the steepest decline.
