Key takeaways
- The June 2026 new-home median price was 416,700 dollars in the FRED series.
- The measure covers new homes sold, not all homes or rentals.
- Local incentives and product mix need separate review.
Source record
8 cited sources
Last verified
2026-08-06
In this article
New-home median price in June 2026
The FRED new-home median price series recorded 416,700 dollars in June 2026, compared with 408,400 dollars in May. This is the median price of new homes sold in the survey period. It is not a national rent benchmark or an appraisal for an existing property.
Read price with inventory and incentives
Pair price with the new-home supply ratio, inventory, sales pace, and builder incentives. A lower headline price can reflect a different mix or incentive structure rather than a broad change in comparable value.
Portfolio application
In a local review, capture floor plan, location, completion status, list price, incentives, closing date, and source. Compare the new product with actual rental competition only after defining the property type and timing.
Method and limits
The series is FRED MSPNHSUS, supported by Census New Residential Sales. Survey estimates can be revised, and national medians reflect the mix of homes sold.
Frequently asked questions
Is the median a builder price list?
No. It is a survey summary of new homes sold.
What should an owner verify locally?
Verify comparable product, incentives, delivery status, and rental demand in the target submarket.
Sources and verification dates
- FRED: Median Sales Price of New Houses Sold, accessed August 6, 2026.
- U.S. Census Bureau: New Residential Sales, accessed August 6, 2026.
- Census New Residential Sales Definitions, accessed August 6, 2026.
Ready to compare new supply?
Use investment analysis to document the product and assumptions behind the comparison.