{"id":123132,"date":"2026-05-07T06:18:10","date_gmt":"2026-05-07T09:18:10","guid":{"rendered":"https:\/\/ubirataonline.com.br\/home-prices-up-in-71-of-metro-areas-in-q1-2026\/"},"modified":"2026-05-07T06:18:14","modified_gmt":"2026-05-07T09:18:14","slug":"home-prices-up-in-71-of-metro-areas-in-q1-2026","status":"publish","type":"post","link":"https:\/\/ubirataonline.com.br\/en\/home-prices-up-in-71-of-metro-areas-in-q1-2026\/","title":{"rendered":"Home Prices Up in 71% of Metro Areas in Q1 2026"},"content":{"rendered":"

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NAR: The national median single-family existing-home price rose slightly \u2013 up 0.5% YoY \u2013 to $404,300, down from 1.2% annual growth in 4Q 2025.<\/span><\/span><\/span><\/p>\n<\/div>\n

\n

WASHINGTON \u2014 Home prices rose in 71% of metro markets (167 out of 235) during the first quarter of 2026, according to the National Association of Realtors\u00ae\u2019 latest quarterly report. This is down from 73% in the fourth quarter of 2025.<\/span><\/span><\/span><\/p>\n

Seven percent of metro areas (16 out of 235) recorded double-digit price gains, up from 5% last quarter. The report provides the real estate ecosystem \u2013 including agents and homebuyers and sellers \u2013 with quarterly metro-area data on median home prices and housing affordability.<\/span><\/span><\/span><\/p>\n

The national median single-family existing-home price rose 0.5% year-over-year to $404,300, down from 1.2% annual growth in the fourth quarter.<\/span><\/span><\/span><\/p>\n

Median existing single-family home price by region (year-over-year change)<\/span><\/span><\/span><\/h3>\n

Northeast: $506,500 (+4.9%)<\/span><\/span><\/span><\/p>\n

Midwest: $308,100 (+3.6%)<\/span><\/span><\/span><\/p>\n

South: $362,300 (+0.2%)<\/span><\/strong><\/span><\/span><\/p>\n

West: $607,600 (-2.9%)<\/span><\/span><\/span><\/p>\n

\u201cHome prices continued to increase in many markets, boosting housing wealth for most homeowners,\u201d said NAR Chief Economist Dr. Lawrence Yun. \u201cGains were particularly solid across metro areas in the Northeast, where inventory shortages persist, and in the Midwest, where home prices remain relatively affordable. However, the expensive West region did not see an increase in sales.\u201d<\/span><\/span><\/span><\/p>\n

\u201cThe condominium market, which weakened sharply last year, is showing signs of stabilization and, in some metro areas, even outperforming the single-family market in terms of price gains,\u201d Yun said. \u201cImproved affordability is drawing buyers back to the condo market.\u201d<\/span><\/span><\/span><\/p>\n

\u201cEven though mortgage rates are higher than earlier this year, rates remain comfortably below last year\u2019s levels,\u201d Yun continued. \u201cLower mortgage rates will allow more potential buyers to qualify for and obtain a mortgage.\u201d<\/span><\/span><\/span><\/p>\n

10 large markets with biggest year-over-year median price increases<\/span><\/span><\/span><\/h3>\n
    \n
  1. Akron, Ohio (+12.0%)<\/span><\/span><\/span><\/li>\n
  2. Anchorage, Alaska (+10.4%)<\/span><\/span><\/span><\/li>\n
  3. Albany-Schenectady-Troy, N.Y. (+9.3%)<\/span><\/span><\/span><\/li>\n
  4. Trenton, N.J. (+9.2%)<\/span><\/span><\/span><\/li>\n
  5. Davenport-Moline-Rock Island, Iowa-Ill. (+9.2%)<\/span><\/span><\/span><\/li>\n
  6. Canton-Massillon, Ohio (+7.9%)<\/span><\/span><\/span><\/li>\n
  7. Milwaukee-Waukesha-West Allis, Wis. (+7.7%)<\/span><\/span><\/span><\/li>\n
  8. St. Louis, Mo.-Ill. (+7.4%)<\/span><\/span><\/span><\/li>\n
  9. Reading, Pa. (+7.4%)<\/span><\/span><\/span><\/li>\n
  10. Rochester, N.Y. (+7.2%)<\/span><\/span><\/span><\/li>\n<\/ol>\n

    10 most expensive markets<\/span><\/span><\/span><\/h3>\n
      \n
    1. San Jose-Sunnyvale-Santa Clara, Calif. ($2,030,000; +0.5%)<\/span><\/span><\/span><\/li>\n
    2. Anaheim-Santa Ana-Irvine, Calif. ($1,442,900; -0.5%)<\/span><\/span><\/span><\/li>\n
    3. San Francisco-Oakland-Hayward, Calif. ($1,350,000; +2.3%)<\/li>\n
    4. Urban Honolulu, Hawaii ($1,175,100; +0.9%)<\/span><\/span><\/span><\/li>\n
    5. San Diego-Carlsbad, Calif. ($1,050,000; +1.3%)<\/span><\/span><\/span><\/li>\n
    6. San Luis Obispo-Paso Robles, Calif. ($956,800; +0.4%)<\/span><\/span><\/span><\/li>\n
    7. Oxnard-Thousand Oaks-Ventura, Calif. ($944,200; +1.4%)<\/span><\/span><\/span><\/li>\n
    8. Salinas, Calif. ($943,500; -1.2%)<\/span><\/span><\/span><\/li>\n
    9. Los Angeles-Long Beach-Glendale, Calif. ($858,500; -0.5%)<\/span><\/span><\/span><\/li>\n
    10. Naples-Immokalee-Marco Island, Fla. ($845,000; -2.3%)<\/span><\/strong><\/span><\/span><\/li>\n<\/ol>\n

      Housing affordability<\/span><\/span><\/span><\/h3>\n

      27% of markets experienced declining home prices:<\/span><\/span><\/span><\/em><\/p>\n

      *Up from 25% last quarter<\/span><\/span><\/span><\/p>\n

      *Up from 17% last year<\/span><\/span><\/span><\/p>\n

      $1,979: monthly mortgage payment on a typical existing single-family home with a 20% down payment:<\/span><\/span><\/span><\/em><\/p>\n

      *$78 decrease from last quarter<\/span><\/span><\/span><\/p>\n

      *$140 decrease from last year<\/span><\/span><\/span><\/p>\n

      21.5%: average share of income that typical families spent on mortgage payments:<\/span><\/span><\/span><\/em><\/p>\n

      *Down from 22.9% last quarter<\/span><\/span><\/span><\/p>\n

      *Down from 24.3% last year<\/span><\/span><\/span><\/p>\n

      First-time buyers<\/span><\/span><\/span><\/h3>\n

      $1,943: the monthly mortgage payment for a typical starter home valued at $343,700 with a 10% down payment:<\/span><\/span><\/span><\/em><\/p>\n

      *$76 decrease from last quarter<\/span><\/span><\/span><\/p>\n

      *$135 decrease from last year<\/span><\/span><\/span><\/p>\n

      32.5%: share of income first-time buyers spent on monthly mortgage payments:<\/span><\/span><\/span><\/em><\/p>\n

      *Down from 34.6% last quarter<\/span><\/span><\/span><\/p>\n

      *Down from 36.6% last year<\/span><\/span><\/span><\/p>\n

      Source: National Association of Realtors\u00ae<\/span><\/span><\/p>\n

      \u00a9 2026 Florida Realtors\u00ae<\/span><\/span><\/p>\n<\/div>\n

      Source link <\/a><\/p>","protected":false},"excerpt":{"rendered":"

      NAR: The national median single-family existing-home price rose slightly \u2013 up 0.5% YoY \u2013 to $404,300, down from 1.2% annual growth in 4Q 2025. WASHINGTON \u2014 Home prices rose in 71% of metro markets (167 out of 235) during the first quarter of 2026, according to the National Association of Realtors\u00ae\u2019 latest quarterly report. This […]<\/p>\n","protected":false},"author":1,"featured_media":123133,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow2JLhCw:productID":"","_gspb_post_css":"","maa_idioma":"","maa_pais":"","footnotes":""},"categories":[1],"tags":[6167,2951,2645,7105],"class_list":["post-123132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ubirata","tag-areas","tag-home","tag-metro","tag-prices"],"blocksy_meta":[],"yoast_head":"\nHome Prices Up in 71% of Metro Areas in Q1 2026 - Ubirat\u00e3 Online Not\u00edcias - A realidade ao seu alcance!<\/title>\n<meta name=\"description\" content=\"NAR: The national median single-family existing-home price rose slightly \u2013 up 0.5% YoY \u2013 to $404,300, down from 1.2% annual growth in 4Q 2025.WASHINGTON \u2014\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ubirataonline.com.br\/en\/home-prices-up-in-71-of-metro-areas-in-q1-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home Prices Up in 71% of Metro Areas in Q1 2026\" \/>\n<meta property=\"og:description\" content=\"NAR: The national median single-family existing-home price rose slightly \u2013 up 0.5% YoY \u2013 to $404,300, down from 1.2% annual growth in 4Q 2025.WASHINGTON \u2014\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ubirataonline.com.br\/en\/home-prices-up-in-71-of-metro-areas-in-q1-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Ubirat\u00e3 Online Not\u00edcias - 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