Data report · August 2026

The state of the US housing market.

Median home values and year-over-year trends across the 5,310 US ZIP markets we cover, from Zillow Home Value Index data. Free to cite with attribution to Home Value Pros.

Median home value

$376K

Zillow ZHVI, August 2026

States covered

51

and growing

ZIP markets live

5,310

published pages

ZIP markets tracked

26,274

nationwide with data

Where values are climbing

Fastest appreciating states

  1. $198KUp7.0%
  2. $249KUp6.6%
  3. $247KUp6.2%
  4. $181KUp6.2%
  5. $357KUp6.0%
  6. $243KUp5.7%
  7. $312KUp5.7%
  8. $211KUp5.6%
  9. $192KUp5.2%
  10. $186KUp5.1%

Where the market is cooling

Fastest cooling states

  1. $170KDown5.6%
  2. $415KDown2.5%
  3. $345KDown1.8%
  4. $262KDown0.8%
  5. $554KDown0.8%
  6. $497KDown0.6%
  7. $389KDown0.5%
  8. $695KUp0.4%
  9. $500KUp0.7%
  10. $448KUp0.8%

Priciest markets we cover

Most expensive states by median home value

  1. $839K
  2. $695K
  3. $615K
  4. $577K
  5. $554K
  6. $513K
  7. $500K
  8. $497K
  9. $497K
  10. $483K

Methodology & attribution

Figures are medians of the latest Zillow Home Value Index (ZHVI) across every published ZIP in each state, as of August 2026. Year-over-year change compares each market to the same month a year earlier, paired ZIPs only. Data and analysis by Home Value Pros. Journalists and publishers may cite these figures with a link to homevaluepros.com/housing-market-report. For a city-by-city read, see our monthly city market reports and the full market index.