July 2026 Home Prices and Sales: Housing Report

July 2026 home prices rose 3.4% year over year to a national median of $450,000. Buyers gained more options as inventory climbed, while sales slipped from June across the 46 metro areas surveyed. Explore the full breakdown of what July 2026 home prices, sales and inventory mean for buyers and sellers below.

July 2026 Housing Market Key Takeaways

  • The national median sales price held at $450,000, flat from June and up 3.4% from a year ago.
  • Home sales fell 5.7% from June but finished 2.5% ahead of July 2025.
  • New listings rose 1.4% year over year but were down 2.7% from June.
  • Total inventory grew 2.8% from June and 4.7% from July 2025.
  • Homes sold in 45 days on average, three days slower than June and one day slower than last July.
  • Months’ supply of inventory reached 3.0 and the average close-to-list price ratio held at 99%.

What July 2026 Home Prices Mean for Buyers and Sellers

Rising inventory gave buyers more room to negotiate in July 2026, and the 99% average close-to-list ratio shows sellers still held most of their pricing power. A 3.0 months’ supply keeps the market tilted toward sellers, though the gap has narrowed from the tight conditions of prior years. For sellers, the flat month-over-month median signals that pricing to the local market matters more than chasing above-list offers.

For a deeper look at how these numbers compare, see the latest REMAX National Housing Report, our previous National Housing Report recap and our guide to buying and selling in a shifting market.