Data · October 2026
US housing market insights
Median price, price per square foot, days on market and months of inventory for the metros our clients search most. We publish the declines too.
Metro comparison
Eight markets side by side
Months of supply is the number worth watching: under three months favors sellers, above six favors buyers, and the range between is roughly balanced.
| Metro | Median price | YoY | $/sq ft | Days on market | Supply | Active listings |
|---|---|---|---|---|---|---|
| Austin, TX | $448,000 | -1.4% | $268 | 52 | 4.1 mo | 6,218 |
| Denver, CO | $585,000 | +2.1% | $312 | 34 | 2.8 mo | 4,877 |
| Phoenix, AZ | $462,000 | +3.4% | $258 | 41 | 3.2 mo | 7,340 |
| Nashville, TN | $512,000 | +4.2% | $281 | 38 | 2.9 mo | 3,962 |
| Seattle, WA | $824,000 | +1.6% | $486 | 29 | 2.1 mo | 3,184 |
| Chicago, IL | $376,000 | +5.1% | $231 | 44 | 2.6 mo | 9,105 |
| Dallas, TX | $438,000 | +0.8% | $215 | 47 | 3.6 mo | 8,472 |
| Atlanta, GA | $408,000 | +3.9% | $196 | 43 | 3.0 mo | 7,861 |
What the numbers mean
Local read on each market
Austin, TX
Median $448,000 · 52 days on market
Inventory has normalized after the pandemic run-up, giving buyers real negotiating room for the first time in years.
See homes in AustinDenver, CO
Median $585,000 · 34 days on market
Steady demand from in-migration keeps well-priced single-family homes moving quickly, especially under $600K.
See homes in DenverPhoenix, AZ
Median $462,000 · 41 days on market
New construction supply is abundant, and builder incentives are often more valuable than list-price reductions.
See homes in PhoenixNashville, TN
Median $512,000 · 38 days on market
Job growth continues to outpace housing starts, sustaining upward pressure on prices in the core counties.
See homes in NashvilleSeattle, WA
Median $824,000 · 29 days on market
Tight supply and high incomes keep this among the most competitive markets in the country.
See homes in SeattleChicago, IL
Median $376,000 · 44 days on market
One of the few large metros where median price still sits below the national figure, drawing value-focused buyers.
See homes in ChicagoDallas, TX
Median $438,000 · 47 days on market
A large, diverse metro where submarket choice matters more than the headline average.
See homes in DallasAtlanta, GA
Median $408,000 · 43 days on market
Suburban counties offer some of the best price-per-square-foot value in the Southeast.
See homes in AtlantaMethodology
How we calculate these figures
Figures are compiled monthly from participating multiple listing services, county recorder data and aggregated partner brokerage transaction records for the metropolitan statistical area indicated, not for individual neighborhoods or city limits.
Definitions
- Median sale price — the midpoint of closed sale prices in the trailing calendar month. Medians resist distortion from a handful of very high or very low sales better than averages do.
- Year-over-year change — the percentage change in median sale price against the same month one year earlier.
- Price per square foot — median closed price divided by median above-grade finished square footage.
- Days on market — median days from list date to accepted contract, excluding listings withdrawn and relisted within 30 days.
- Months of supply — active inventory divided by the trailing three-month average of closed sales per month.
Limitations you should know about
Metro-level medians can move for reasons that have nothing to do with the value of any individual home. A quarter heavy on new construction or luxury closings will lift the median even if existing homes were flat. Submarkets inside a single metro routinely diverge by double digits.
These statistics are provided for general informational purposes. They are not an appraisal, not a valuation of any specific property, and not investment advice. For a value opinion on a particular home, consult a licensed appraiser or a local agent who can inspect the property.
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