US Home Listing Prices See Steep Drop in May: Report

A “for sale” sign is posted in front of a single-family home in Hollywood, Fla., on Oct. 27, 2022. Joe Raedle/Getty ImagesThe June real estate market could signal more opportunities for potential homeowners throughout the country.Realtor.com’s May 2026 Monthly Housing Trends Report, issued on June 3, shows median listing prices nationwide dropped by 2.4 percent year over year—the biggest decline since 2017. The price per square foot, indicating the changing size mix of homes, fell by 2.5 percent year over year, representing a record annual decline.