Existing-home sales declined in January, according to the National Association of REALTORS® Existing-Home Sales Report. The report provides the real estate ecosystem—including agents, homebuyers, and sellers—with data on home sales, pricing, inventory, and affordability trends nationwide.

For January 2026, existing-home sales ran at a seasonally adjusted annual rate of 3.91 million, the median sales price was $396,800, and there was a 3.7-month supply of inventory. Prices increased 0.9% year-over-year, while inventory rose 0.2 months compared to January 2025.

• 8.4% decrease in existing-home sales month over month to a seasonally adjusted annual rate of 3.91 million
• 4.4% decrease in sales year over year

• 1.22 million units: Total housing inventory, down 0.8% from December and up 3.4% from January 2025 (1.18 million)
• 3.7-month supply of unsold inventory, up from 3.5 months in December and one year ago

• $396,800: Median existing-home price for all housing types, up 0.9% from one year ago ($393,400) - the 31st consecutive month of year-over-year price increases

• Housing Affordability Index: 116.5, up from 111.6 in December and 102.0 one year ago
• Affordability improved for the seventh consecutive month

• 46 days: Median time on market, up from 39 days last month
• 31% of sales were first-time homebuyers
• 27% of transactions were cash sales
• 16% of transactions were investors or second-home buyers
• 2% of sales were distressed properties

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Sources

National Association of REALTORS®: Existing-Home Sales

Realtor.com Housing News

CNBC Housing & Lending News