U.S. Housing Market Dashboard

Live overview of key housing market indicators — updated automatically from Federal Reserve Economic Data (FRED). Last updated: May 10, 2026

Market Health Score

Composite score based on mortgage rates, affordability, rental vacancy, delinquency, and housing supply

8 / 10
Very Buyer Friendly

Mortgage Rates

+1

Moderate (+1)

Affordability

+1

Moderate (+1)

Rental Vacancy

+2

High vacancy (+2)

Delinquency

+2

Low (+2)

Housing Supply

+2

High (+2)

Score ranges: 0-4 = Seller Friendly/Stressed | 5-7 = Balanced | 8-10 = Buyer Friendly

Primary Market Indicators

30-Year Fixed Rate

6.37%

+0.07% vs last week

0.07%vs last period

15-Year Fixed Rate

5.72%

+0.08% vs last week

0.08%vs last period

Median Home Price

$403,200

-2.2% YoY

2.21%vs last period

Housing Affordability

109.6

Near Threshold

0.40%vs last period

Rental Vacancy Rate

7.30%

Renter's Market

0.10%vs last period

Mortgage Delinquency

1.78%

Low Risk

0.00%vs last period

Secondary Indicators

Housing Supply

8.5 months

Buyer Advantage

0.60%vs last period

New Home Sales

682K

+7.40% MoM

7.40%vs last period

Housing Starts

1.50M

+10.77% MoM

10.77%vs last period

Unemployment Rate

4.3%

Key delinquency driver

Market Summary

U.S. Housing Market — May 2026

Mortgage Environment: At 6.37%, the 30-year fixed rate is near the 5-year average of 6.38%. Rates are relatively stable.
Home Prices: The median home price of $403,200 is 2.2% below one year ago, indicating a buyer market.
Affordability: With an index of 109.6, housing is affordable for median-income families. Affordability is near the equilibrium threshold of 100.
Rental Market: The 7.30% vacancy rate indicates a renter's market with ample supply gives renters negotiating power.
Foreclosure Risk: Delinquency at 1.78% suggests low near-term foreclosure risk.

Trend Indicators (vs Last Period)

30-Yr Rate

6.37%

vs last

15-Yr Rate

5.72%

vs last

Home Price

$403,200

vs last

Affordability

109.6

vs last

Rental Vacancy

7.30%

vs last

Delinquency

1.78%

vs last

Explore Detailed Data

Mortgage Rates

30-year, 15-year, ARM rates and historical trends

View Data →

Home Prices

Median home prices and Case-Shiller index trends

View Data →

Rental Market

Rental vacancy rates and rent CPI trends

View Data →

Foreclosures

Mortgage delinquency rates and foreclosure risk

View Data →

Affordability

Housing affordability index and income analysis

View Data →

Market Dashboard

This dashboard — live snapshot of all indicators

Current Page

Frequently Asked Questions

What is the current state of the US housing market?

As of May 10, 2026, the U.S. housing market shows mixed signals. The 30-year mortgage rate is 6.37%, the median home price is $403,200, and the affordability index of 109.6 indicates near threshold. Key metrics are updated automatically as new data is released from the Federal Reserve.

Is it a buyer's or seller's market in 2026?

Based on current indicators — 8.5 months of housing supply, 6.37% mortgage rates, and a median price of $403,200 — the market is currently very buyer friendly. Housing supply, price trends, and affordability all factor into this assessment.

What are the key indicators of housing market health?

The main housing market indicators are: mortgage rates (currently 6.37%), median home prices ($403,200), housing affordability index (109.6), rental vacancy rate (7.30%), mortgage delinquency rate (1.78%), months of housing supply (8.5 months), and new home sales (682K units). Together these provide a comprehensive view of market conditions.

How often does housing market data update?

Different indicators update on different schedules: mortgage rates update weekly, home prices and affordability update monthly, while rental vacancy and delinquency rates update quarterly. All data is sourced directly from the Federal Reserve (FRED) and updates automatically as new data is released.

Data Sources & Methodology

All data is sourced from the Federal Reserve Economic Data (FRED) database, maintained by the Federal Reserve Bank of St. Louis.

  • 30-Year Mortgage Rate: MORTGAGE30US (weekly)
  • 15-Year Mortgage Rate: MORTGAGE15US (weekly)
  • Median Home Price: MSPUS (quarterly)
  • Housing Affordability: Calculated from MSPUS, MORTGAGE30US, MEFAINUSA672N
  • Rental Vacancy Rate: RRVRUSQ156N (quarterly)
  • Rent CPI: CUSR0000SEHA (monthly)
  • Mortgage Delinquency: DRSFRMACBS (quarterly)
  • Unemployment Rate: UNRATE (monthly)
  • New Home Sales: HSN1F (monthly)
  • Housing Starts: HOUST (monthly)
  • Months Supply: MSACSR (monthly)

Market Health Score Calculation:

  • Mortgage rate < 5% = +2, 5-7% = +1, >7% = -1
  • Affordability > 130 = +2, 100-130 = +1, <100 = -1
  • Vacancy > 6% = +2, 4-6% = +1, <4% = -1
  • Delinquency < 2% = +2, 2-4% = +1, >4% = -1
  • Months supply > 5 = +2, 3-5 = +1, <3 = -1

Score 6-10 = Buyer Friendly | 3-5 = Balanced | 0-2 = Seller Friendly/Stressed

Update frequencies: Mortgage rates weekly, prices/affordability monthly, vacancy/delinquency quarterly. All data is fetched live from FRED via API when you view this page.