The US housing
market, monthly.
What it costs to buy, what it costs to rent, and how fast homes are moving — nationally. Every state, metro, county, city and zip is one click down. As of Sep 2026.
to buy the typical home at today's mortgage rate — +$1,014 (+112%) since Jan 2020.
Every market page below has its own version of this line.
- 1 year
- Up $4,298 +1%
- $361,859$366,157 since Sep 2025
- 5 years
- Up $60,168 +20%
- $305,989$366,157 since Sep 2021
- 10 years
- Up $159,794 +77%
- $206,363$366,157 since Sep 2016
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 19 years.
Typical home values nationally rose 1.2% over the past year.
Asking rents nationally rose 2.7% over the past year.
Owning the typical home in the United States runs $668/mo more than renting one. The gap peaked at $799 in Oct 2023.
That is $2,600 a month against $1,932 rent: a $1,922 mortgage payment, plus $286 property tax and $392 insurance & upkeep.
Owning vs renting — the United States
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,600
- Renting$1,932
- Mortgage only$1,922
Property tax · $286/mo 0.94% of value a year — the ACS 2020-2024 median bill over the median home value for United States
Insurance & upkeep · $392/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Since Jan 2000, consumer prices overall are up 100% — the typical home is up 199%.
Home values vs everything else (index, Jan 2000 = 100)
The typical U.S. home against the Consumer Price Index. Housing is not just keeping up with inflation — for a quarter century it has been outrunning it.
- Typical home299
- Everything else (CPI)200
Sellers are cutting prices on about 1 in 4 US listings, and the typical home goes pending in 27 days — the market is cooling.
Typical asking rent
Zillow Observed Rent Index, smoothed and seasonally adjusted, all home types.
- United States$1,932
When the market ran hot
Each cell is that month's year-on-year home-value growth, nationally. Read left to right, top row is the latest year — the 2021–22 band is the boom.
How fast homes are moving
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- the United States26.90%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- the United States27
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- the United States1,406,624
New listings per month
Sellers arriving at the market.
- the United States362,642
Median sale price
What buyers actually paid — closed sales, not asking prices.
- the United States$371,407
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- the United States98.87%