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Zillow Research aims to be the most open, authoritative source for timely and accurate housing data and unbiased insight.

Elevated Rates Slow Home Sales as Buyer Demand Softens (Zillow August Market Report)

The Numbers

August 2026
U.S. Typical Home Value (Zillow Home Value Index)

$369,678 (1.3% YoY)

AUGUST 2026
U.S. Typical Rent (Zillow Observed Rent Index)

$1,948 (2.5% YOY)

AUGUST 2026
Sales

339,927 (+0.6% YOY)

AUGUST 2026
Typical Mortgage Payment

$1,897 (+2.0% YOY)

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Elevated Rates Slow Home Sales as Buyer Demand Softens (Zillow August Market Report)

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