The U.S. housing market is still expensive, even as some buyers return to the search. Redfin reported that the median U.S. home sale price reached $408,838 during the four weeks ending June 28, 2026. That was up 2.5% from a year earlier and marked a record high.<\/p>\n\n\n\n
Monthly payments are also moving in the wrong direction for affordability. Redfin estimated the median monthly mortgage payment at $2,633, based on a 6.49% mortgage rate. That was up 1.4% year over year, the first annual increase in housing payments since October.<\/p>\n\n\n\n
| Metric<\/th>\n | Four Weeks Ending June 28, 2026<\/th>\n | Year-over-Year Change<\/th>\n <\/tr>\n <\/thead>\n\n |
|---|---|---|
| Median sale price<\/td>\n | $408,838<\/td>\n | 2.5%<\/td>\n <\/tr>\n\n |
| \n Median asking price\n (seasonally adjusted)<\/span>\n <\/td>\n | $404,414<\/td>\n | 3.7%<\/td>\n <\/tr>\n\n |
| \n Median monthly mortgage payment\n (seasonally adjusted)<\/span>\n <\/td>\n | $2,633 at a 6.49% mortgage rate<\/td>\n | 1.4%<\/td>\n <\/tr>\n\n |
| \n Pending sales\n (seasonally adjusted)<\/span>\n <\/td>\n | 324,251<\/td>\n | 2%<\/td>\n <\/tr>\n\n |
| \n New listings\n (seasonally adjusted)<\/span>\n <\/td>\n | 358,736<\/td>\n | 1.7%<\/td>\n <\/tr>\n\n |
| \n Active listings\n (seasonally adjusted)<\/span>\n <\/td>\n | 1,476,146<\/td>\n | -0.1%<\/td>\n <\/tr>\n\n |
| Months of supply<\/td>\n | 3.5<\/td>\n | -0.2 pts.<\/td>\n <\/tr>\n\n |
| Share of homes off market in two weeks<\/td>\n | 35.8%<\/td>\n | Essentially unchanged<\/td>\n <\/tr>\n\n |
| Median days on market<\/td>\n | 39<\/td>\n | +1 day<\/td>\n <\/tr>\n\n |
| Share of home listings with price drops<\/td>\n | 20.2%<\/td>\n | Down from about 21%<\/td>\n <\/tr>\n\n |
| Share of homes sold above list price<\/td>\n | 28.8%<\/td>\n | Essentially unchanged<\/td>\n <\/tr>\n\n |
| Average sale-to-list price ratio<\/td>\n | 99.1%<\/td>\n | Essentially unchanged<\/td>\n <\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n\n \n cf. Data reflects the four weeks ending June 28, 2026. Figures are based on Redfin\u2019s housing market update.\n <\/p>\n<\/div>\n\n |