Real Estate Market Update for June 2026 

U.S. existing-home sales rose 3.2% month-over-month and year-over-year to a seasonally adjusted annual rate of 4.17 million units, the National Association of REALTORS® (NAR) reported, marking the highest level since December 2025. Regionally, sales increased from the previous month in the Northeast, Midwest, and South, while remaining flat in the West. On a year over-year basis, sales grew in the Midwest, South, and West but declined in the Northeast.

New Listings increased 26.9 percent for New Construction but decreased 3.9 percent for Existing Homes. Pending Sales decreased 15.8 percent for New Construction and 2.8 percent for Existing Homes. Inventory decreased 10.0 percent for New Construction and 5.5 percent for Existing Homes.

Median Closed Price increased 5.7 percent for New Construction and 3.6 percent for Existing Homes. Days on Market decreased 16.9 percent for New Construction but remained flat for Existing Homes. Months Supply of Inventory decreased 11.7 percent for New Construction and 11.1 percent for Existing Homes.

Nationally, there were 1.55 million homes available for sale heading into June, a 3.3% increase from the previous month and 0.6% higher than one year earlier, representing a 4.5-month supply at the current sales pace, according to NAR. Home prices also rose, with the median existing-home price climbing to $429,300 nationwide, an all-time high for the month and 1.3% higher than a year earlier. 

Statistics and Information provided by the Great Plains Regional Multiple Listing Service and National Association of REALTORS®.

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