Housing Inventory Report: Market Update — May 21, 2026}

Current U.S. Housing Inventory Levels

In March 2026, the U.S. housing market recorded 1,929,209 homes for sale, marking a 0.9% increase year-over-year. This modest rise in inventory comes as median home prices reached $436,523, up 1.2% from March 2025. Redfin data shows the number of homes sold also rose 2.4% during the same month.

Regional Inventory Variations

State-level data reveals significant variation. In Washington, 28,081 homes were on the market in March 2026, up 14.6% year-over-year. New listings reached 11,094, which was up 5.8% from the previous year. In Georgia, 63,012 homes for sale were recorded, up 7.3% year-over-year. New listings in Georgia reached 17,514, which was up 0.8%.

Mortgage Rates and Market Dynamics

Live rates on May 19, 2026, show the 30-year fixed mortgage rate at 6.36% per FRED data. The 10-year Treasury yield stood at 4.67%, creating a spread of 1.69%. These rates continue to influence buyer affordability and seller decisions.

2026 Market Outlook

According to NAR predictions, the housing market is expected to see a 14% increase in sales in 2026. This outlook aligns with the observed modest growth in inventory and price increases. Readers can run live scenarios at HomeRates.ai to see how current rates and inventory levels affect monthly payments.

Inventory Impact on Buyers and Sellers

The current inventory levels of 1,929,209 homes for sale across the U.S. indicate a gradual shift from a seller-dominated market. The 0.9% year-over-year rise suggests buyers may gain some negotiating power as supply increases.

Bottom Line

With U.S. housing inventory at 1,929,209 homes in March 2026, a 14% sales increase predicted by NAR, and 30-year fixed rates at 6.36%, the market shows slow but steady progress toward balance. Readers should track monthly updates to see continued growth in supply and affordability conditions.