Is 2026 a Buyer’s or Seller’s Market?

The short answer: It depends on your local market — but nationally, 2026 is shaping up to be more balanced than the past few years.

Here’s what’s influencing the shift:

📉 1. Inventory Is Gradually Improving

More homeowners are listing as interest rates stabilize. New construction is also helping supply in some regions.➡ More listings = slightly more leverage for buyers than in the ultra-competitive 2021–2023 market.

💰 2. Interest Rates Still Matter

Rates remain higher than pandemic lows, which:

• Reduces buyer purchasing power

• Slows bidding wars in many areas

• Encourages sellers to price strategically

This tends to move markets toward balance rather than extreme seller dominance.

📍 3. It’s Hyper-Local Now

Some areas are still strong seller markets, especially:

• High-demand suburbs

• Affordable price ranges

• Move-in-ready homes

Meanwhile, luxury and overpriced homes may sit longer.

⚖ What Defines Each Market?

Seller’s Market

• Low inventory

• Homes sell quickly

• Multiple offers common

• Prices rising

Buyer’s Market

• High inventory

• Longer days on market

• Price reductions common

• Buyers negotiate repairs/concessions

Balanced Market

• 4–6 months of inventory

• Homes priced correctly sell steadily

• Negotiation happens on both sides

📊 2026 Outlook

Most analysts expect moderate price growth, steady demand, and improved inventory, which leans toward:

👉 A balanced market in many regions👉 Still a seller’s edge in desirable neighborhoods👉 More negotiation power for buyers compared to previous year