Metro data: NAR Q2 2026 · Rates: Freddie Mac 7.03% (Sep 24, 2026)
Market Data

Q2 2026 Metro Home Prices: The Most Expensive and Fastest-Rising U.S. Cities

The National Association of REALTORS® (NAR) publishes median existing single-family home prices for U.S. metro areas every quarter. Here is what the Q2 2026 release, published August 4, 2026, shows.

The headline numbers

  • 80% of metro areas saw year-over-year price gains in Q2 2026.
  • The national median existing single-family price was $434,900.
  • Housing supply reached 4.9 months, the highest in more than a decade.

The 10 most expensive metros

#Metro areaMedian priceChange YoY
1San Jose–Sunnyvale–Santa Clara, CA$2,050,000−4.2%
2San Francisco–Oakland–Hayward, CA$1,500,000+5.2%
3Anaheim–Santa Ana–Irvine, CA$1,485,000+3.7%
4Urban Honolulu, HI$1,183,000+3.0%
5San Diego–Carlsbad, CA$1,075,000+4.9%
6Salinas, CA$982,600+0.4%
7Oxnard–Thousand Oaks–Ventura, CA$961,800+0.4%
8San Luis Obispo–Paso Robles, CA$954,400+2.8%
9Bridgeport–Stamford–Norwalk, CT$885,100+4.7%
10Los Angeles–Long Beach–Glendale, CA$879,9000.0%

California holds eight of the ten spots. The most expensive metro, San Jose, was also one of the few at the top to see prices fall year over year.

The 10 fastest-rising metros

#Metro areaChange YoY
1Beaumont–Port Arthur, TX+11.0%
2Naples–Immokalee–Marco Island, FL+10.5%
3Gulfport–Biloxi–Pascagoula, MS+10.3%
4Syracuse, NY+9.6%
5Hartford–West Hartford–East Hartford, CT+8.0%
6Lansing–East Lansing, MI+7.8%
7Canton–Massillon, OH+7.7%
8Providence–Warwick, RI–MA+7.4%
9York–Hanover, PA+7.4%
10Milwaukee–Waukesha–West Allis, WI+6.8%

The fastest gains came mostly from more affordable markets in the Northeast, Midwest and Gulf Coast rather than from the priciest coastal cities.

By region

RegionMedian priceChange YoY
Northeast$547,200+3.8%
Midwest$340,800+3.6%
South$380,000+1.0%
West$637,900−0.8%

The West remains the most expensive region but was the only one to slip. The Northeast posted the fastest growth.

Explore these numbers interactively on our Metro Home Prices page. NAR's next quarterly release is scheduled for October 29, 2026.

Source: National Association of REALTORS®, Q2 2026 Metro Area Prices.

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