Median Home Price
The headline "market" number every news anchor cites. Sets the mental anchor buyers and sellers walk into every negotiation with — worth tracking even when your local comps have drifted from the national trend.
- source
- FRED
- frequency
- monthly
- units
- dollars
- s.a.
- no
Median existing-home price sits at $417,500, down $10,200 from last month and up just $5,200 year-over-year — a 1.26% gain that reads as stalled growth, not momentum. The recent trajectory shows a summer peak in June at $442,800 followed by a three-month slide back to spring levels, which suggests seasonal inventory flush gave way to real softness once the heat broke. For buyers, the signal is that asking prices have lost their grip — the year-over-year print is barely inflation, and month-to-month sellers are backing off their summer asks. If you're underwriting a purchase or refinance, the mental anchor most counterparties are still pricing off is the June peak; expect negotiating room to widen as that reality gap sinks in.
"""
Median Home Price — The headline "market" number every news anchor cites. Sets the mental anchor buyers and sellers walk into every negotiation with — worth tracking even when your local comps have drifted from the national trend.
Freq: monthly · Source: FRED
"""
from fredapi import Fred
fred = Fred(api_key="YOUR_FRED_API_KEY")
series = fred.get_series("HOSMEDUSM052N")
print(series.tail())You are analyzing FRED series HOSMEDUSM052N — Median Sales Price of Existing Homes. Context: The headline "market" number every news anchor cites. Sets the mental anchor buyers and sellers walk into every negotiation with — worth tracking even when your local comps have drifted from the national trend. Attributes - Units: dollars - Frequency: monthly - Source: FRED Latest observation: $417,500 as of 2026-09-01 Year-over-year change: +1.26% Analyze this metric for a tech-forward real estate investor with 1–3 properties. What is it signaling right now? What should I watch next?