United States Housing Market
$368,697
1.2% 1-yrThe average United States home value is $368,697, up 1.2% over the past year, and homes go to pending in around 24 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
United States Key Takeaways
Typical Home Values: $368,697
1-Year Value Change: +1.2%
(Data through August 31, 2026)
United States Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
United States Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in the United States?
The median home value in the United States is $368,697 as of August 2026. This represents a 0.1% increase compared to last month and a 1.2% increase year-over-year.
How have U.S. home values changed recently?
U.S. home values have increased by 0.1% month-over-month and 1.2% year-over-year as of August 2026.
Which states have the highest home values?
The states with the highest median home values include: Hawaii ($836,741), California ($775,549), Massachusetts ($672,867), Washington ($603,303), and New Jersey ($584,681).
Which U.S. metros have the fastest growing home values?
Metro areas with the highest year-over-year home value growth include: Rockford, IL (9.0%), Utica, NY (8.0%), Peoria, IL (7.4%), Syracuse, NY (6.6%), and Norwich, CT (6.6%).
