Questions / Buying and selling · Leer en español
What will the housing market look like in 2027?
The latest major forecast expects a slow, steady market: mortgage rates around 7.5%, about 4.06 million existing-home sales and national prices up about 0.6%. In a flat market, pricing and preparation decide results, not timing.
Updated
The forecast for 2027 (Fannie Mae, October 2026)
| Measure | 2027 forecast |
|---|---|
| 30-year fixed rate | 7.5% average |
| Existing-home sales | 4.06 million |
| Total home sales, including new homes | 4.71 million |
| National home price growth | 0.6% |
Where the market stands now (September 2026)
| Measure | Value |
|---|---|
| Existing-home sales pace | 3.99 million a year |
| Median sale price | $417,500 |
| Median days on market | 33 |
| Months of supply | 4.8 |
What a flat market means for sellers
With prices barely moving nationally, waiting is unlikely to add much value, and more homes for sale means more competition. Sellers who price to today's buyers and prepare well sell. Local markets will differ, and your agent can show you yours.
What it means for buyers
Prices are steady and supply is up, so buyers have more choice than in recent years. Get fully underwritten and know your payment at today's rate.
How it works on Chimpre
Chimpre introduces homes to agents whose active buyers are searching now, so sellers see real demand at their price before deciding when to move.
We update this page as new 2027 forecasts are published.
See who is looking for a home like yours
Chimpre introduces your home to agents whose active buyers are searching for a home like yours, in your area, at your price, with the space they need. Your agent shows you who is interested before anything goes public.
Get started