Realtor.com Inventory Up 142% Since 2022; Median List Price Rises 8.1%
News Corp-owned Realtor.com reports inventory surged 142.1% since January 2022 as mortgage rates peaked at 7.79% and currently sit at 6.10%, yet median list prices rose 8.1% and price per square foot climbed 11.4%. Regional listings gains ranged from 22.4% in the Northeast to 213.7% in the South.
1. Report Overview
Realtor.com’s January 2026 report marks four years of rising mortgage rates, peaking at 7.79% before easing to 6.10%. Despite higher borrowing costs, the platform saw a 142.1% jump in active US home listings since January 2022.
2. Pricing and Supply Dynamics
Median list prices rose 8.1% over the same period, while price per square foot increased 11.4%, highlighting persistent price resilience. The lock-in effect, with over half of homeowners holding sub-4% mortgages, constrained seller mobility and muted price relief.
3. Regional Disparities and Outlook
Active listings grew unevenly: West +180%, South +213.7%, Midwest +67.1% and Northeast +22.4%. Falling rates may unlock more supply but risk reigniting demand, making sustainable listing growth key to future affordability improvements.