U.S. Home-Sale Prices Ticked Up 0.25% in September

Home rates increased 0.25% across the country in September, up somewhat from 0.21%in August. 19659002 Costs grew month over month in 34 of the 50 most populated U.S. cities, with the fastest development in Philadelphia and Pittsburgh. 19659003 Rates decreased in 16 cities, led by Fort Worth, a significant purchaser’s market. U.S. home costs increased 0.25%month over month in September on a seasonally changed basis. That’s up a little from a 0.21%development rate the previous month, and in line with the modest gains we have actually seen given that spring. 19659005 Rates increased 3.8%from a year previously in September, the fastest yearly development rate given that June 2025. 19659008 This is according to the Redfin Home Price Index (RHPI), which utilizes the repeat-sales prices technique to compute seasonally changed modifications in single-family home costs. The RHPI determines how list price of homes have actually altered considering that their previous sale– comparable to the S&P Cotality Case-Shiller Home Price Indices– however is reported about a month previously. September information covers the 3 months ending September 30, 2026. Check out the complete RHPI method 19659009 here 19659010 Although purchasers have 19659012 more working out power than they’ve had in over a years, costs are still climbing up a little every month. That’s mainly since sellers aren’t desperate: a great deal of property owners have actually developed enough equity that they ‘d rather wait than accept a lowball deal– and some are delisting. That keeps a flooring under costs. More powerful need in the high-end market is propping up costs, too. One method to get to the best asking cost is by utilizing 19659015 Redfin Early Access , which enables sellers to check the marketplace before formally noting their home. Home Prices Are Rising Most in Pennsylvania 19659018 Home rates increased in 34 of the 50 most populated U.S. cities month over month in September. The most significant boosts remained in Pennsylvania: Philadelphia, where home rates increased 1.9% month over month on a seasonally changed basis, and Pittsburgh, where they increased 1.3%. They’re followed by Miami (1.3%), Chicago (1%) and San Francisco (1%). In locations like Philadelphia, Pittsburgh and Chicago, purchasers are discovering relatively inexpensive homes, resulting in more need than other parts of the U.S. San Francisco’s market is hot 19659021, thanks mainly to AI wealth. On a year-over-year basis, rates increased most in San Francisco in September, with a 14% boost. Next come West Palm Beach, FL (10.4%), Chicago (10.3%), Miami (8.2%) and Philadelphia (7.6%). 19659023 Home Prices Are Falling Most in Texas Home rates fell in 16 of the 50 most populated U.S. cities. The most significant rate decreases remained in Fort Worth, TX (-0.9% month over month) and New Brunswick, NJ (-0.6%). Next come Dallas, Seattle and Nassau County, NY, each of which published a decrease of -0.4%. Rates are ticking down in those Texas city due to the fact that they are amongst the 19659025 most significant purchaser’s markets 19659026 in the country. Seattle is likewise a purchaser’s market. In those locations, sellers might require to lower rates to draw in purchasers. 19659027 On a year-over-year basis, costs dipped in simply 6 significant cities, 5 in Texas plus Seattle. San Antonio (-2.1%) had the most significant drop, followed by Dallas (-1.5%), Austin (-0.2%), Seattle (-0.2%) and Houston (-0.1%). 19659028 For more on Redfin’s Home Price Index, please visit our 19659029 Data Center 19659031 19459020 Metro-Level Summary: Redfin Home Price Index, September 2026 50 most populated U.S. city locations U.S. city location Month-over-month modification, seasonally changed 19659035 Year-over-year modification 19659036 Anaheim, CA 0.1% 5.6% 19659039 Atlanta, GA 0.9% 4.4% Austin, TX 0.0% 19659044 -0.2% 19659045 Baltimore, MD 19659046 0.8% 7.4% 19659048 Boston, MA 19659049 0.6% 3.3% Charlotte, NC 0.6% 19659053 3.1% Chicago, IL 1.0% 10.3% 19659057 Cincinnati, OH 19659058 0.0% 19659059 6.3% 19659060 Cleveland, OH 19659061 0.3% 7.3% 19659063 Columbus, OH 19659064 0.3% 19659065 5.3% 19659066 Dallas, TX -0.4% -1.5% 19659069 Denver, CO 0.7% 2.0% Detroit, MI 19659073 0.7% 19659074 6.9% 19659075 Fort Lauderdale, FL 19659076 -0.1% 19659077 2.3% 19659078 Fort Worth, TX -0.9% -0.1% Houston, TX 19659082 -0.4% 19659083 -0.1% 19659084 Indianapolis, IN 19659085 0.6% 1.9% 19659087 Jacksonville, FL 19659088 0.6% 19659089 1.5% 19659090 Kansas City, MO 19659091 0.1% 2.9% Las Vegas, NV -0.1% 1.3% 19659096 Los Angeles, CA -0.3% 3.3% Miami, FL 19659100 1.3% 8.2% Milwaukee, WI 0.5% 7.2% 19659105 Minneapolis, MN 19659106 0.2% 19659107 3.8% 19659108 Montgomery County, PA 0.5% 7.1% Nashville, TN 0.0% 2.9% 19659114 Nassau County, NY 19659115 -0.4% 7.5% 19659117 New Brunswick, NJ -0.6% 4.5% New York City, NY 19659121 0.3% 19659122 7.4% 19659123 Newark, NJ 19659124 0.5% 6.2% Oakland, CA 0.5% 4.6% 19659129 Orlando, FL 19659130 0.1% 2.5% Philadelphia, PA 1.9% 19659134 7.6% Phoenix, AZ -0.1% 0.6% Pittsburgh, PA 19659139 1.3% 19659140 6.6% 19659141 Portland, OR 19659142 -0.3% 19659143 1.1% Providence, RI 19659145 0.7% 19659146 6.5% Riverside, CA -0.4% 19659149 0.9% Sacramento, CA 19659151 0.7% 19659152 1.8% 19659153 San Antonio, TX 19659154 -0.4% 19659155 -2.1% San Diego, CA 0.1% 19659158 4.0% San Francisco, CA 1.0% 14.0% San Jose, CA 0.7% 19659164 2.9% Seattle, WA -0.4% -0.2% 19659168 St. Louis, MO 19659169 0.3% 4.1% 19659171 Tampa, FL 19659172 -0.2% 4.7% Virginia Beach, VA 19659175 -0.4% 5.6% Warren, MI 0.3% 19659179 2.7% 19659180 Washington, DC -0.2% 19659182 4.0% 19659183 West Palm Beach, FL 19659184 0.4% 19659185 10.4%