U.S. Housing Market Report — Jan 2026

The national median listing price fell to $400K (-0.1% year over year) in Jan 2026. Active inventory rose to 912,696 listings (+10.0% YoY), with the typical home spending 78 days on market.

Sellers cut prices on 14.3% of listings (-8.1% vs last year). The typical U.S. asking rent stands at $1,946/mo (Zillow ZORI).

The hottest markets this month: Kenosha, WI, Hartford-West Hartford-East Hartford, CT, Racine-Mount Pleasant, WI, Manchester-Nashua, NH, Lancaster, PA.