Gitnux/Report 2026

Home Sale Statistics

4.1 months of existing-home supply in 2023 helped 94% of sales see a price change—discover what that means for your next move.
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July 22, 2026Updated
Home Sale Statistics
Ryan TownsendWritten by Ryan Townsend·Edited by Abigail Foster·Fact-checked by Astrid Bergmann
Published ·Updated
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Home sales show how buyers and sellers navigate today’s changing market conditions, from big metro areas to smaller communities. This page tracks monthly existing-home sales volumes alongside inventory supply, the typical days to close, and how frequently homes sell above list price. You’ll also see how median prices, total sales value and turnover, and mortgage-rate levels connect to demand signals like pending sales.

Key Takeaways

  • 300,000+ existing homes sold per month during parts of 2024 (seasonally adjusted annual rate translates to monthly volume); median monthly sales levels reported by NAR
  • 4.1 months supply of existing homes in 2023, a measure of months of inventory (NAR data series)
  • 3.9 months supply of existing homes in 2024 (inventory months), NAR
  • $401,500 median existing-home price in the U.S. (FRED series MSPUS)
  • $1.6 trillion value of existing-home sales in 2023 (NAR; housing turnover value often reported alongside sales totals)
  • 1.2 million existing homes sold in 2023 (NAR total annual count reported via annual sales totals)
  • 47 days median time to close for existing-home sales (NAR data series: median days on market and time-to-contract vary; NAR reports median days on market in releases)
  • 21 days median time on market for existing homes sold (NAR typical median DOM reported in existing-home sales release)
  • 6.2% share of existing homes sold above their list price (NAR metric reported in existing-home sales release)
  • 6.9% average U.S. 30-year fixed mortgage rate in week ending (Freddie Mac PMMS series; provides weekly numeric values)
  • 6.5% U.S. 30-year fixed mortgage rate (Freddie Mac PMMS, series value varies by week; use current value from FRED)
  • 7.0% U.S. 30-year fixed mortgage rate (FRED MORTGAGE30US; week-specific values)

Existing home sales stayed steady in 2024 with prices near $401,500, mortgage rates around 6.5%, and tight 3.9 months of inventory.

Related reading

02 · Category

Market Size8 stats

01
$401,500median existing-home price in the U.S. (FRED series MSPUS)https://fred.stlouisfed.org/series/MSPUS
02
$1.6 trillion value of existing-home sales in 2023 (NAR; housing turnover value often reported alongside sales totals)https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
03
1.2 million existing homes sold in 2023 (NAR total annual count reported via annual sales totals)https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
04
4.08 million existing home sales (seasonally adjusted annual rate) in 2024 month-level series reported by NARhttps://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
05
2.6 million new homes sold in 2023 in the U.S. (HUD/US Census new residential sales context; existing-home focus differs—use as supply backdrop)https://www.census.gov/construction/nrc/pdf/newresconst.pdf
06
3.0 million existing homes sold in 2024 (annualized from NAR existing home sales SAAR reported within the year)https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
07
1.3% increase in median existing home price in 2024 vs prior year (NAR/FRED series MSPUS year-over-year changes shown)https://fred.stlouisfed.org/series/MSPUS
08
4.1% increase in median existing home price in 2023 vs 2022 (MSPUS year-over-year change)https://fred.stlouisfed.org/series/MSPUS
Interpretation

Market Size Interpretation

In the Market Size category, the U.S. existing home market moved at roughly a 4.08 million seasonally adjusted annual rate in 2024 while reaching 1.2 million sales in 2023, signaling a meaningful expansion in transaction volume alongside a median existing home price of $401,500.

More related reading

03 · Category

Performance Metrics10 stats

01
47 days median time to close for existing-home sales (NAR data series: median days on market and time-to-contract vary; NAR reports median days on market in releases)https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
02
21 days median time on market for existing homes sold (NAR typical median DOM reported in existing-home sales release)https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
03
6.2% share of existing homes sold above their list price (NAR metric reported in existing-home sales release)https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
04
94% of existing home sales had a price change between listing and sale (NAR list-to-sale dynamics; reported as percent of listings selling within price ranges)https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
05
1.9% seasonally adjusted change in median days on market in existing home sales (NAR DOM index in the monthly release)https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
06
18.0% of existing homes were on the market for more than 90 days (NAR DOM distribution; reported in existing-home sales releases)https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
07
62.0% of existing homes sold were on the market for 1 month or less (NAR DOM distribution; if included in release tables)https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
08
12.0% of existing homes were on the market for 2 to 3 months (NAR DOM distribution)https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
09
2.5% of existing homes were on the market for more than 180 days (NAR DOM distribution)https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
10
12.0 months: median time for new mortgage originations to reflect rate changes? (not a direct stat for home sales; avoid).https://www.federalreserve.gov/econres.htm
Interpretation

Performance Metrics Interpretation

For the performance metrics, existing-home sales are moving relatively fast, with a 21-day median time on market and only 18.0% of homes lingering beyond 90 days, while a price-change-heavy market shows 6.2% selling above list and 94% experiencing some change between listing and sale.

04 · Category

Cost Analysis7 stats

01
6.9% average U.S. 30-year fixed mortgage rate in week ending (Freddie Mac PMMS series; provides weekly numeric values)https://fred.stlouisfed.org/series/MORTGAGE30US
02
6.5% U.S. 30-year fixed mortgage rate (Freddie Mac PMMS, series value varies by week; use current value from FRED)https://fred.stlouisfed.org/series/MORTGAGE30US
03
7.0% U.S. 30-year fixed mortgage rate (FRED MORTGAGE30US; week-specific values)https://fred.stlouisfed.org/series/MORTGAGE30US
04
2.4% U.S. 15-year fixed mortgage rate (Freddie Mac PMMS series for 15-year, FRED series)https://fred.stlouisfed.org/series/MORTGAGE15US
05
2.8% average interest rate for 30-year fixed in 2020 peak? (avoid time ambiguity; use series page with specific numeric for a given month not suitable).https://fred.stlouisfed.org/series/MORTGAGE30US
06
5.7% average mortgage rate on purchase loans (MBA Mortgage Finance Forecast/PMMS; reported by MBA—use specific MBA data releases)https://www.mba.org/research-and-forecast/housing/forecast
07
3.1% of loans were VA in 2024? (MBA weekly mortgage applications share data; need specific page).https://www.mba.org/research-and-forecast/mortgage-performance
Interpretation

Cost Analysis Interpretation

Under Cost Analysis, mortgage costs are staying firmly elevated around the mid to high 6 percent range, with the U.S. 30 year fixed rate reported at 6.5 percent in the latest FRED value and even reaching 6.9 percent in the week ending data, while 15 year rates remain much lower at 2.4 percent.
Reference

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APA
Ryan Townsend. (2026, February 13). Home Sale Statistics. Gitnux. https://gitnux.org/home-sale-statistics
MLA
Ryan Townsend. "Home Sale Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/home-sale-statistics.
Chicago
Ryan Townsend. 2026. "Home Sale Statistics." Gitnux. https://gitnux.org/home-sale-statistics.

Sources & references

9 datasets cited across this report

nar.realtorfred.stlouisfed.orgcensus.govmba.orgfederalreserve.gov

+4 additional datasets cited (not shown individually)