U.S. Housing Market Snapshot

A real-time overview of key housing market indicators. Get a quick read on mortgage rates, home prices, affordability, and rental market conditions in one place.

Data sources: FRED — MORTGAGE30US, MSPUS, FIXHAI, RRVRUSQ156N

30-Yr Mortgage Rate

6.38%

+0.16% vs last week

0.16000000000000014%vs last period

Median Home Price

$405,300

-1.2% YoY

1.1704462326261889%vs last period

Housing Affordability

117.6

Near historical balance point

0.5%vs last period

Rental Vacancy Rate

7.20%

Renter's market with ample supply

0.10000000000000053%vs last period

Market Summary

The U.S. housing market shows mixed signals: Mortgage rates at 6.38% are stable compared to last week. Median home price decreased by 1.2% year-over-year. Housing affordability is near historical balance point. The rental vacancy rate of 7.20% indicates a loose rental market.

How to Read These Metrics

Mortgage Rate: Higher rates reduce buying power and cool demand. Lower rates stimulate the market.
Home Prices: Rising prices indicate seller's market, falling prices suggest buyer leverage.
Affordability Index: Above 100 = median income can afford median home. Below 100 = housing is unaffordable for typical earners.
Vacancy Rate: Low vacancy = renter competition, high vacancy = more negotiating power for renters.

Data Freshness

Mortgage RatesWeekly (FRED)

Home PricesMonthly (FRED)

Affordability IndexMonthly (FRED)

Rental VacancyQuarterly (FRED)

All data is fetched directly from the Federal Reserve Economic Data (FRED) API. Values update automatically as new data is released.