Changes in the 2026 Housing Market
How the Housing Market Could Shift in 2026
As we move further into 2026, the housing market is beginning to feel more balanced and familiar than it has in recent years. Inventory is improving, mortgage rates have stabilized, and price growth is moderating—creating a more predictable environment for both buyers and sellers.
Below is a breakdown of what the data currently suggests for 2026—and what it could mean for your real estate plans.
Mortgage Rates
Mortgage rates have largely held in the low 6% range for several months, providing buyers with a level of consistency they have not had in quite some time. That stability has helped restore confidence and supported renewed buyer activity.
Recent data shows the Pending Home Sales Index posting its strongest performance in nearly three years after seasonal adjustment, indicating that buyers are reengaging as rate volatility eases.
Looking ahead, the National Association of Realtors (NAR) projects that existing home sales could increase by approximately 14% nationwide in 2026, driven by improved alignment between rates, inventory levels, and buyer expectations.
Home Price Growth
Home prices continue to rise on a national level, but at a much slower and healthier pace than in recent years.
According to national data, price trends are increasingly market-specific. Roughly half of major U.S. markets are experiencing modest price declines, while others—particularly in parts of the Midwest and Northeast—are still seeing appreciation.
NAR forecasts national price growth of approximately 2–3% in 2026, suggesting a market that is normalizing and moving more in line with income growth rather than rapid acceleration.
Inventory
Inventory has improved meaningfully compared to the past few years, giving buyers more options and easing some of the urgency that previously defined the market.
Active housing inventory has returned to near-normal levels for the first time since early 2022, and overall inventory is estimated to be roughly 20% higher than this time last year.
While many markets—including mountain and resort areas—remain below pre-pandemic inventory norms, this increase has helped create a more functional and balanced environment for both buyers and sellers.
Bottom Line
The housing market in 2026 is moving in a healthier, more balanced direction, with steadier mortgage rates, moderating price growth, and improving inventory both nationally and here in Summit County. This shift is creating real opportunities—but also requires thoughtful timing and local insight.
For buyers, today’s conditions may offer a chance to act before lower rates bring increased competition back into the market.
For sellers, strong values combined with a more informed buyer pool mean that strategy, pricing, and preparation matter more than ever.
Markets are no longer driven by urgency alone; they are driven by knowledge. Staying informed about both national trends and local Summit County data can make a meaningful difference in your outcome.
If you’re considering a move in 2026 or simply want clarity on your options, I’m always happy to connect and help you plan with confidence. Contact me today!