Housing news
Homes.com June 2026: balanced national prices, uneven condo and metro outcomes
Homes.com's June report put the national median sale price at $401,000 (+1.5% YoY), with sales up 6.1% and active listings up 4.2%. Condos and townhomes saw more modest price gains than single-family homes.
· Original reporting: Homes.com / CoStar
National headlines about a 'balanced' housing market can hide the property-type split condo buyers actually feel.
Homes.com (a CoStar Group brand) reported a June 2026 national median sale price of $401,000, up 1.5% from a year earlier, while home sales rose 6.1% and active listings rose 4.2%.
Brad Case, Homes.com chief residential economist, described the market as operating on more even footing overall — with local conditions still tilting toward either tighter supply or more negotiating room.
Metro splits matter more than the national median
Of 933 markets Homes.com tracked, 64% posted year-over-year median sale price gains and 36% posted declines.
Chicago and Jacksonville were cited among metros with solid gains; San Jose (−4.6%) and Seattle (−3.1%) posted the largest drops among the large metros highlighted in the release.
A Seattle condo shopper facing softer list prices still needs King County tax and deck remediation diligence — price relief is not the same as lower carrying cost.
Condos and townhomes lagged single-family price growth
Homes.com noted that single-family prices rose faster than the overall market, while townhomes and condos saw more modest gains.
Inventory increases were generally stronger for single-family homes than for other segments, so condo negotiating power can look different from the detached market in the same metro.
Compare days on market and price cuts for the specific building class you are shopping — not only the citywide median.
How to use this in a condo offer
Treat national balance as context, then verify local comps, HOA budget trends, and insurance renewals for the association.
If listings are rising but dues jumped after a master-policy renewal, model the new HOA line before you treat a list-price cut as a win.
Pair this report with our rent-versus-buy tools and city pages when softer prices coexist with higher association carry.
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