NAR numbers show the median single-family, existing-home price hit $404,300 in Q1. That’s a 0.5 percent year-over-year increase.

The National Association of Realtors published new Q1 housing market numbers Tuesday. Those numbers show that home prices increased year over year in 71 percent of U.S. metro areas during the first three months of 2026.

Dive into the report — and share key quotes with your sphere — using the interactive tools below.

NAR Quarterly Report · Q1 2026

Home prices increased in 71% of U.S. metro areas

National median single-family existing-home price rose 0.5 percent year over year to $404,300. Hover or tap any city to see local stats.

Northeast

$506,500

▲ +4.9% YoY

Midwest

$308,100

▲ +3.6% YoY

South

$362,300

▲ +0.2% YoY

West

$607,600

▼ -2.9% YoY

Loading map…

Top 10 biggest YoY price gainers

Top 10 most expensive markets

Hover/tap a dot for details · shaded states denote U.S. Census regions

Key takeaways

National-level highlights from NAR’s Q1 2026 Metropolitan Median Area Prices & Affordability report.

National median price

$404,300

+0.5% YoY (down from +1.2% in Q4)

Metros with rising prices

71%

167 of 235 metros (down from 73% in Q4)

Metros with double-digit gains

16 of 235 metros (up from 5% in Q4)

Metros with declining prices

27%

Up from 25% last quarter, 17% a year ago

Typical mortgage payment

$1,979

20% down on a typical home; $140 less than a year ago

Income spent on mortgage

21.5%

Down from 22.9% in Q4 and 24.3% a year ago

First-time buyer payment

$1,943

10% down on a $343,700 starter home

First-timer income share

32.5%

Down from 34.6% in Q4 and 36.6% a year ago

Most expensive metro

$2.03M

San Jose-Sunnyvale-Santa Clara, Calif.

Biggest YoY price gainers

Akron, Ohio +12.0%
Anchorage, Alaska +10.4%
Albany-Schenectady-Troy, N.Y. +9.3%
Trenton, N.J. +9.2%
Davenport-Moline-Rock Island, Iowa-Ill. +9.2%
Canton-Massillon, Ohio +7.9%
Milwaukee-Waukesha-West Allis, Wis. +7.7%
St. Louis, Mo.-Ill. +7.4%
Reading, Pa. +7.4%
Rochester, N.Y. +7.2%

Most expensive markets

San Jose-Sunnyvale-Santa Clara, Calif. $2.03M +0.5%
Anaheim-Santa Ana-Irvine, Calif. $1.44M -0.5%
San Francisco-Oakland-Hayward, Calif. $1.35M +2.3%
Urban Honolulu, Hawaii $1.18M +0.9%
San Diego-Carlsbad, Calif. $1.05M +1.3%
San Luis Obispo-Paso Robles, Calif. $956,800 +0.4%
Oxnard-Thousand Oaks-Ventura, Calif. $944,200 +1.4%
Salinas, Calif. $943,500 -1.2%
Los Angeles-Long Beach-Glendale, Calif. $858,500 -0.5%
Naples-Immokalee-Marco Island, Fla. $845,000 -2.3%

What NAR’s Chief Economist said

“Home prices continued to increase in many markets, boosting housing wealth for most homeowners. Gains were particularly solid across metro areas in the Northeast, where inventory shortages persist, and in the Midwest, where home prices remain relatively affordable. However, the expensive West region did not see an increase in sales.”

— Dr. Lawrence Yun, NAR Chief Economist

“The condominium market, which weakened sharply last year, is showing signs of stabilization and, in some metro areas, even outperforming the single-family market in terms of price gains. Improved affordability is drawing buyers back to the condo market.”

— Dr. Lawrence Yun, NAR Chief Economist

“Even though mortgage rates are higher than earlier this year, rates remain comfortably below last year’s levels. Lower mortgage rates will allow more potential buyers to qualify for and obtain a mortgage.”

— Dr. Lawrence Yun, NAR Chief Economist

Source: National Association of Realtors, Q1 2026 Metropolitan Median Area Prices & Affordability report · Released May 5, 2026

Show Comments Hide Comments

Home prices increased in 71% of U.S. metro areas

Key takeaways

Biggest YoY price gainers

Most expensive markets

What NAR’s Chief Economist said

More in Markets & Economy