If you’ve been wondering what the housing market might look like in 2026, you’re not alone. Buyers, sellers, and homeowners alike are paying close attention to where mortgage rates, inventory, and home prices are headed. While no forecast is perfect, experts are starting to agree on a few key trends that could shape the year ahead.

Mortgage Rates: Holding in the Low 6s

After years of volatility, mortgage rates are expected to stabilize in the low 6% range. While this isn’t a return to the ultra-low rates of the past, it does provide more predictability for buyers planning their next move and homeowners considering a refinance or sale.

Inventory: More Homes, More Choice

Housing inventory is projected to grow by another 8–9%. That means more homes coming to market and more options for buyers. Increased inventory can ease competition, reduce bidding wars, and give buyers more negotiating power than we’ve seen in recent years.

Home Prices: Slower, Steadier Growth

Nationally, home prices are expected to rise by an average of about 1.6%. This slower pace of appreciation is a big shift from the rapid price jumps of previous years. For buyers, that’s welcome news. For sellers, it means pricing strategically will be more important than ever.

The Big Picture: Improving Affordability

When you combine steadier mortgage rates, more inventory, and slower price growth, the result is improved affordability overall. That said, real estate is always local. Some markets may see stronger price growth, while others could cool off more noticeably.

What Does This Mean for Our Market?

National forecasts are helpful, but they don’t tell the whole story. Local supply, demand, and pricing trends can vary widely from one area to the next. If you’re curious about what’s expected specifically for our market—and how it could impact your buying or selling plans—I’d be happy to break it down for you.

Reach out anytime to talk strategy, timing, and opportunities that make sense for you.