United States housing market
The typical home in the U.S. is worth $366,157, up 1.2% from a year ago.
Typical rent is $1,932 a month, up 2.7% in a year.
Builders got permits for 968,187 homes from January to August 2026, up 0.1% on the same months of 2025.
The FHFA HPI® (all-transactions) for the U.S. is up 3.0% over the year to Q2 2026. Unemployment was 4.0% in September 2026, down 0.3 points from a year earlier. Employers had 159M payroll jobs in September 2026, up 0.3% from a year earlier.
Nation · Sep 2026
The latest numbers
Typical home value
$366,157
up 1.2% past 12 mo
Median sale price
$381,401
As of Aug 2026
Typical rent
$1,932/mo
up 2.7% past 12 mo
Homes for sale
1,406,624
Active listings
Days to pending
27
Median, listing to contract
Permits YTD
968,187
up 0.1% vs same months last year
Population growth
+0.5%
Past year · pop. 342M
Net domestic migration
—
Not applicable to the nation
FHFA home prices
+3.0%
Past year · Q2 2026
FHFA, past 5 years
+41.3%
Q2 2021 to Q2 2026
Unemployment rate
4.0%
down 0.3 pts vs Sep 2025
Job growth
+0.3%
Past year · 159M jobs in Sep 2026
Typical home value, 24 months
up 1.1%Typical home value went from $362,074 in Oct 2024 to $366,157 in Sep 2026, a change of +1.1%.
Source: Data Provided by Zillow Group; U.S. Census Bureau, Building Permits Survey; U.S. Census Bureau, Population Estimates · As of Sep 2026
Source: FHFA House Price Index® (All-Transactions, not seasonally adjusted); U.S. Bureau of Labor Statistics, Current Population Survey; U.S. Bureau of Labor Statistics, Current Employment Statistics
BLS figures are not seasonally adjusted; retrieved from BLS.gov Oct 27, 2026. This product uses FHFA data but is neither endorsed nor certified by FHFA. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.
Nation · Yearly figures
Renters and movers
Rental vacancy rate
5.7%
up 0.2 pts vs 2023
2024 survey · ±0.1 pts
HUD sets Fair Market Rents for metro areas and counties, and moves between states cancel out for the U.S. as a whole, so those figures appear on state and metro pages.
- Rental vacancy.
- Rentals that are empty and for rent, as a share of all rentals, from the Census Bureau's 2024 American Community Survey. A survey estimate, shown with its 90% margin of error; a change smaller than the combined margins is marked not significant.
Census files accessed Oct 27, 2026. Rental vacancy rates, their margins of error, year-over-year changes and significance tests, and per-resident figures are calculated by Fidelis First from Census Bureau data; the Census Bureau is the source of the original data only.
Every state, side by side
Typical home value and its change over the past year.
- Alabama$239K+1.9%
- Alaska$398K+5.3%
- Arizona$417K−1.0%
- Arkansas$224K+3.4%
- California$762K+0.7%
- Colorado$529K−1.3%
- Connecticut$447K+5.0%
- Delaware$405K+1.2%
- District of Columbia$567K−0.7%
- Florida$375K−0.9%
- Georgia$329K−0.5%
- Hawaii$833K+1.4%
- Idaho$477K+2.2%
- Illinois$296K+5.3%
- Indiana$257K+2.9%
- Iowa$237K+3.3%
- Kansas$246K+3.5%
- Kentucky$231K−0.3%
- Louisiana$214K+2.1%
- Maine$412K+1.6%
- Maryland$425K−0.1%
- Massachusetts$655K+2.3%
- Michigan$264K+3.8%
- Minnesota$349K+2.3%
- Mississippi$195K+2.2%
- Missouri$265K+3.4%
- Montana$467K+2.0%
- Nebraska$278K+3.0%
- Nevada$441K−1.6%
- New Hampshire$511K+2.9%
- New Jersey$575K+4.0%
- New Mexico$316K+1.7%
- New York$525K+5.6%
- North Carolina$332K−0.2%
- North Dakota$291K+5.1%
- Ohio$246K+3.2%
- Oklahoma$221K+2.6%
- Oregon$493K0.0%
- Pennsylvania$287K+2.2%
- Rhode Island$509K+3.5%
- South Carolina$304K+0.9%
- South Dakota$318K+2.3%
- Tennessee$331K+0.5%
- Texas$296K−1.5%
- Utah$533K+1.2%
- Vermont$392K+0.9%
- Virginia$412K+2.1%
- Washington$588K−0.4%
- West Virginia$177K+2.6%
- Wisconsin$337K+5.1%
- Wyoming$369K+1.5%
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