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More Than Two-Thirds of New-Home Listing Views Come From Outside Their Metro Area, Realtor.com® Finds

$NWSAPress releaseAug 26, 2026, 6:00 AM ETRead the release

Realtor.com reported that 67.2% of views to new-construction listings in Q2 2026 came from outside the listing's metro area, exceeding the 65.4% share for existing homes. The national median listing price for a newly built home held steady at $450,256, while the median existing-home price fell 2.0% year-over-year to $408,317, widening the new-construction premium to 10.3%.

Key figures

New construction premium
10.3%
New homes median size sqft
2050
New homes median price per sqft
$217
New homes price reduction share
20.0%
Existing home inventory yoy growth
3.1%
National existing home median price
$408,317
Existing homes price reduction share
18.6%
New construction inventory yoy growth
2.8%
Existing home out of metro views share
65.4%
National new construction median price
$450,256
New construction out of metro views share
67.2%

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.