Realtor.com

Luxury Home Prices Fall 30 Months Straight; Schools Vary Widely

Austin, Texas – October 14, 2026 -- Buying a luxury home now costs 3.6% less than a year ago: the national entry point to luxury housing slipped to $1,199,321 in September, the 30th consecutive month of annual price declines, according to the Realtor.com® September Luxury Housing Report.

Every luxury tier is cheaper, yet homes sell faster

The threshold for the top 5% of listings fell 3.5% from a year ago, and the top 1% fell 5.3%. Even so, listings at the 90th percentile spent a median of 76 days on the market, three days fewer than last September. That is two days more than in August. The luxury entry point is the lowest since January 2023 and 14.1% below its May 2023 peak of roughly $1.4 million.

The million-dollar listing share dropped to 12.5%. Million-dollar listings rose 1.2% from last year, while total active listings rose 5.4%.

Realtor.com: Sept. 27–Oct. 3 Is 2026's Best Week to Buy a Home

Austin – September 17, 2026 -- Home shoppers hoping to stretch their budget should mark September 27 through October 3 on their calendars, according to Realtor.com's 2026 Best Time to Buy Report.

During that week, buyers may find up to 31.9% more active listings than at the start of the year. Listing prices are projected to sit 3.5% below their seasonal peak, translating to roughly $14,000 in savings on a median-priced home of about $416,000.

Buyer competition drops nearly a third below its annual peak

Competition, measured by Realtor.com listing views per property, is historically 30.1% below its yearly high during this week and 14.4% below the average week. Homes are expected to sit on the market for about 64 days during the Best Week -- roughly 13 days longer than the year's fastest-selling stretch.

Charleston Tops List of Best U.S. Metros to Buy New-Construction Homes in 2026

Austin, Texas – September 03, 2026 -- Homebuyers hunting for a new-built house at a discount should look to Charleston, South Carolina, where new construction now sells for 12.2% less than existing homes, according to Realtor.com's second annual Top Metros for New Construction report.

Charleston-North Charleston tops the ranking of the 100 largest U.S. metros with an overall score of 84.7 out of 100. The median new-build listing there runs $443,273, compared with $504,832 for an existing home -- the widest new-construction price advantage among the top 10 markets.

Southern metros dominate the top 10 rankings

Eight of the 10 best metros for new construction sit in the South. Greenville-Anderson-Greer, South Carolina, ranks second, followed by Boise City, Idaho, in third. Six of the top 10 metros are located in North or South Carolina, and two more are in Tennessee.