Median home prices often hide the real story. In Q2 2026, the US median price for a new single-family home was $410,700, while existing homes averaged $435,700—a $25,000 gap, the widest we've seen in recent years. This separation actually began back in Q2 2024, when existing-home prices first overtook new builds. Many homeowners held onto their pandemic-era low rates, keeping inventory tight, while builders responded with smaller lots, more compact homes, and buyer incentives to stay competitive. Of course, this national gap doesn't reflect every market—regional trends, home styles, lot sizes, and higher construction costs all come into play. By Q2 2026, new-home prices dipped about 1% year-over-year, while existing-home prices still managed a modest 2% rise after twelve quarters of growth. The numbers matter, but so does understanding what’s behind them. Let's get you home.
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