{"id":96336,"date":"2026-08-03T16:15:00","date_gmt":"2026-08-03T23:15:00","guid":{"rendered":"https:\/\/www.redfin.com\/blog\/?p=96336"},"modified":"2026-08-03T16:23:07","modified_gmt":"2026-08-03T23:23:07","slug":"should-i-sell-my-house-now","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/blog\/should-i-sell-my-house-now\/","title":{"rendered":"Should I Sell My House Now?"},"content":{"rendered":"\r\n<h3><b>Key takeaways:<\/b><\/h3>\r\n<ul>\r\n<li><b>It\u2019s a good time to sell your house if you price correctly and are open to negotiation.\u00a0<\/b><\/li>\r\n<li><span style=\"font-weight: 400;\">There are 51% more home sellers than buyers, tipping the scales firmly toward buyers.<\/span><\/li>\r\n<li><span style=\"font-weight: 400;\">Mortgage rates continue to climb as renewed tensions in the Middle East push inflation and recession concerns higher.<\/span><\/li>\r\n<li><span style=\"font-weight: 400;\">Selling now could help you avoid potential price swings if the economy moves toward recession or inflation.<\/span><\/li>\r\n<\/ul>\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">If you&#8217;re thinking about selling your home this summer, you&#8217;re not alone. But with today\u2019s near-record housing costs <\/span><a href=\"https:\/\/www.redfin.com\/news\/homebuyers-taking-their-time-2026\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">keeping many people<\/span><\/a><span style=\"font-weight: 400;\"> on the sidelines, it\u2019s natural to wonder if now is the right time to take the leap.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">The typical monthly housing payment is <\/span><a href=\"https:\/\/www.redfin.com\/news\/housing-market-update-demand-slows-rates-hit-high-level\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">nearly $2,600<\/span><\/a><span style=\"font-weight: 400;\">, and house prices have climbed far faster than wages since the pandemic. These costs have <\/span><a href=\"https:\/\/www.redfin.com\/news\/contract-cancellations-april-2026\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">scared<\/span><\/a><span style=\"font-weight: 400;\"> many buyers and prompted more sellers to <\/span><a href=\"https:\/\/www.redfin.com\/news\/delistings-relistings-april-2026\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">stay put<\/span><\/a><span style=\"font-weight: 400;\">, leading to a slow housing market with more supply than demand. The war in Iran has <\/span><a href=\"https:\/\/www.redfin.com\/news\/weekly-economic-update-april-27-2026\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">added<\/span><\/a><span style=\"font-weight: 400;\"> to the struggles, pushing up mortgage rates and inflation worries. Other economic pressures, including <\/span><a href=\"https:\/\/www.goldmansachs.com\/insights\/articles\/how-will-ai-affect-the-us-labor-market\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">AI fears<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.tradecomplianceresourcehub.com\/2026\/03\/24\/trump-2-0-tariff-tracker\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">tariffs<\/span><\/a><span style=\"font-weight: 400;\">, are impacting consumers as well.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">So, what does this all mean for home sellers? Let\u2019s dive into the data to help you decide if you should sell your house now, or wait.<\/span><\/p>\r\n<p><b><i>&gt;&gt; Read: <\/i><\/b><a href=\"https:\/\/www.redfin.com\/blog\/how-to-sell-your-house\/\" data-wpel-link=\"exclude\"><b><i>How to Sell Your House in 2026<\/i><\/b><\/a><\/p>\r\n<h2><span style=\"font-weight: 400;\">From Redfin\u2019s Chief Economist<\/span><\/h2>\r\n<p><span style=\"font-weight: 400;\">\u201c<\/span><b>Home sellers should prepare for a strong buyer\u2019s market<\/b><span style=\"font-weight: 400;\">. Elevated inventory has given buyers more options, but record costs have made them wary. Volatile mortgage rates and an uneasy job market are adding a layer of uncertainty as well, making it harder for buyers to plan and act with confidence. Affordability has slowly improved over the last year, but those willing to brave today\u2019s market are still prepared to lead negotiations and pay a fair price.\u201d &#8211; <\/span><a href=\"https:\/\/www.redfin.com\/news\/author\/darylfairweather\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Daryl Fairweather, Redfin Chief Economist<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\r\n<h2><b>What sellers need to know about the housing market<\/b><\/h2>\r\n<p><span style=\"font-weight: 400;\">Here are some market trends to keep an eye on before finding an agent and listing your home for sale. We\u2019ll cover housing supply, demand, mortgage rates, and inflation.<\/span><\/p>\r\n<h3><b>Buyers are in charge, mostly<\/b><\/h3>\r\n<p><span style=\"font-weight: 400;\">Nationwide, there are <\/span><a href=\"https:\/\/www.redfin.com\/news\/buyers-vs-sellers-june-2026\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">nearly 500,000<\/span><\/a><span style=\"font-weight: 400;\"> more home sellers than buyers. This gap was slowly shrinking earlier in the year, but both parties are now pressing pause, causing it to widen again.<\/span><\/p>\r\n<div id=\"datawrapper-vis-5vxe1\" style=\"min-height: 442px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/5vxe1\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-5vxe1\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/5vxe1\/full.png\" alt=\"A graph showing that sellers outnumber buyers by 49% as of June 2026.\" \/><\/noscript><\/div>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">Because of the discrepancy, homeowners need to be flexible on pricing and willing to offer concessions to stay competitive. Many are doing so, with asking prices dropping to their lowest level in a year. But some would-be sellers are instead <\/span><a href=\"https:\/\/www.redfin.com\/news\/home-listings-fall-june-2025\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">choosing<\/span><\/a><span style=\"font-weight: 400;\"> not to list or even <\/span><a href=\"https:\/\/www.redfin.com\/news\/delistings-relistings-april-2026\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">delisting<\/span><\/a><span style=\"font-weight: 400;\"> their homes altogether, pushing prices higher as inventory remains tight.\u00a0<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">That said, trends vary widely across the country. In the Midwest and Northeast, there aren\u2019t enough listings to meet demand, so sellers in cities like <\/span><a href=\"https:\/\/www.redfin.com\/city\/16162\/NY\/Rochester\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Rochester<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.redfin.com\/city\/35759\/WI\/Milwaukee\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Milwaukee<\/span><\/a><span style=\"font-weight: 400;\"> may see bidding wars and <\/span><a href=\"https:\/\/www.redfin.com\/news\/most-competitive-housing-markets-2025\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">quick sales<\/span><\/a><span style=\"font-weight: 400;\">. On the flip side, most Sun Belt cities favor buyers, as homeowners <\/span><a href=\"https:\/\/www.redfin.com\/news\/florida-homes-for-sale-record-high\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">look to escape<\/span><\/a><span style=\"font-weight: 400;\"> worsening climate risks and climbing insurance costs.<\/span><\/p>\r\n<p><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/ZBulE\/full.png\" alt=\"\" \/><\/noscript><\/p>\r\n<h3><b>The economy is volatile<\/b><\/h3>\r\n<p><span style=\"font-weight: 400;\">House prices are unaffordable for many, and economists are concerned that inflation could <\/span><a href=\"https:\/\/www.redfin.com\/news\/cpi-may-2026\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">increase further<\/span><\/a><span style=\"font-weight: 400;\"> due to the war in Iran, tariffs, <\/span><a href=\"https:\/\/www.nytimes.com\/2026\/07\/31\/magazine\/american-women-workforce.html\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">difficult<\/span><\/a><span style=\"font-weight: 400;\"> job market, and evolving immigration policies. These anxieties have kept mortgage rates volatile and elevated over the last four months.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">\u201cMortgage rates are reacting to the war in Iran, as rising energy costs and concerns over inflation and a potential recession put pressure on the economy,\u201d said <\/span><a href=\"https:\/\/www.redfin.com\/news\/author\/chen-zhao\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Chen Zhao, Head of Economics Research at Redfin<\/span><\/a><span style=\"font-weight: 400;\">. \u201cProlonged conflict has kept investors and consumers on edge, with stuttered peace deals providing temporary relief. Long-term improvement depends on a stronger economy and more housing construction. Unless homebuilding skyrockets or the country falls into a severe recession, buyer activity and housing affordability are unlikely to improve substantially.\u201d<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">In these uncertain times, it\u2019s essential to talk with your agent to decide if now is a good time to sell. <\/span><\/p>\r\n<p><b><i>&gt;&gt; Read: <\/i><\/b><a href=\"https:\/\/www.redfin.com\/news\/buying-selling-renting-home-economic-uncertainty\/\" data-wpel-link=\"exclude\"><b><i>How to Buy, Sell or Rent a Home Amid Economic Uncertainty<\/i><\/b><\/a><\/p>\r\n<h2><strong>When is it a good time to sell your house?<\/strong><\/h2>\r\n<p><span style=\"font-weight: 400;\">Spring is the best time to sell, when buyers are most likely to be active. A <\/span><a href=\"https:\/\/www.redfin.com\/news\/best-time-to-sell-buy-home\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">recent Redfin report<\/span><\/a><span style=\"font-weight: 400;\"> found that sellers close the fastest and for the most money in late April, while buyers have the most leverage in <\/span><a href=\"https:\/\/www.redfin.com\/blog\/best-time-to-buy-a-house\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">late summer<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">However, market trends and personal considerations matter the most. <\/span><b>In today\u2019s market, sellers should prepare for lower demand, plan ahead for their next home, and be realistic about pricing.<\/b><\/p>\r\n<p><span style=\"font-weight: 400;\">Here are some general rules for sellers to follow to decide if it\u2019s a good time to sell.<\/span><\/p>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td>\r\n<p><b>If housing supply is low<\/b><\/p>\r\n<\/td>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">Fewer homes on the market can push prices up and lead to faster sales. That\u2019s the case in many metros today, especially in the Midwest and East Coast, where demand outpaces supply.<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\r\n<p><b>If mortgage rates drop<\/b><\/p>\r\n<\/td>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">Falling mortgage rates can spark a surge in buyer demand. More buyers in the market often means higher prices, stronger offers, and possible bidding wars\u2014good news for sellers. As rates drop, sellers should keep an eye out on local market trends.<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\r\n<p><b>If you need to sell<\/b><\/p>\r\n<\/td>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">Sometimes, life necessitates that you sell. Maybe your family is growing, you need to relocate for work, or want to be closer to family. In these cases, it may not matter if it\u2019s an objectively \u201cgood\u201d time to sell. <\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<p><b><i>&gt;&gt; Read: <a href=\"https:\/\/www.redfin.com\/blog\/best-time-to-sell-a-house\/\" data-wpel-link=\"exclude\">When Is the Best Time to Sell a House?<\/a><\/i><\/b><\/p>\r\n<h2><strong>When is it a bad time to sell your house?<\/strong><\/h2>\r\n<p><span style=\"font-weight: 400;\">You may have no choice but to sell your house, but when these trends are at play, you\u2019re less likely to sell quickly or above market value.<\/span><\/p>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td>\r\n<p><b>If mortgage rates are high<\/b><\/p>\r\n<\/td>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">Higher mortgage rates effectively shrink buyers\u2019 budgets, meaning they get less house for the same amount of money. This often means <\/span><a href=\"https:\/\/www.redfin.com\/news\/homebuyers-paying-under-list-price-stale-inventory\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">fewer, lower offers<\/span><\/a><span style=\"font-weight: 400;\">. If you can\u2019t command the price you want, it may be worth waiting to sell.<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\r\n<p><b>If you\u2019ve recently refinanced<\/b><\/p>\r\n<\/td>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">Selling soon after refinancing could wipe out any savings you gained from a lower rate, especially once you factor in closing costs and fees. Many sellers today are \u201clocked in\u201d to a pre-pandemic rate and see no reason to give it up\u2014though this share is <\/span><a href=\"https:\/\/www.redfin.com\/news\/rate-lock-q2-2025\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">dropping<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\r\n<p><b>If your home needs work<\/b><\/p>\r\n<\/td>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">A home that needs some love can be harder to sell and may attract lower offers. If you have <\/span><a href=\"https:\/\/www.redfin.com\/guides\/repairs-before-you-sell-house\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">major repairs<\/span><\/a><span style=\"font-weight: 400;\"> on your to-do list, consider tackling them before listing.<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<p><b><i>&gt;&gt; Read: <a href=\"https:\/\/www.redfin.com\/blog\/how-to-sell-your-house-fast\/\" data-wpel-link=\"exclude\">How to Sell Your House Fast\u2014and for More Money<\/a><\/i><\/b><\/p>\r\n<h2><b>How long does it take to sell a house today?<\/b><\/h2>\r\n<p><span style=\"font-weight: 400;\">The housing market is stuck in a rut, with buyers and sellers struggling with a difficult economy. This slowdown continues to show up in the data: The typical home in 2026 takes <\/span><a href=\"https:\/\/www.redfin.com\/blog\/how-long-does-it-take-to-sell-a-house\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">50 days<\/span><\/a><span style=\"font-weight: 400;\"> to sell, up from under a month in 2022. Sellers need to plan for a longer timeline than they had during the pandemic, price fairly, and remain attuned to the current market.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">While this timeline is slow compared to the early 2020s, it\u2019s still well below the 2-3-month pace typical of the 2010s.<\/span><\/p>\r\n<h2><span style=\"font-weight: 400;\"><strong>So, should you sell your house now?<\/strong> <\/span><\/h2>\r\n<p><b>If you are financially ready and have a great agent, now may be a good time to sell a house. <\/b><span style=\"font-weight: 400;\">It\u2019s a buyer\u2019s market in most parts of the country, but with a solid gameplan, you can still attract buyers and sell with confidence.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Serious home sellers should <\/span><a href=\"https:\/\/www.redfin.com\/real-estate-agents\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">connect with an agent<\/span><\/a><span style=\"font-weight: 400;\">, price competitively, and stay open to concessions. One way sellers can navigate today\u2019s market is through <\/span><a href=\"https:\/\/www.redfin.com\/news\/redfin-policy-seller-choice\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">phased marketing<\/span><\/a><span style=\"font-weight: 400;\">\u2014listing a home to a smaller audience prior to registering it on the MLS\u2014allowing you to test pricing and gauge demand before going fully public.\u00a0<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">There are always good reasons to sell your house: Maybe you\u2019re relocating, downsizing, hoping to cash in on your home\u2019s equity, or you just need to move. There isn\u2019t a right answer for everyone. But when selling in today\u2019s unpredictable market, timing and strategy matter more than ever.<\/span><\/p>\r\n\r\n\r\n","protected":false},"excerpt":{"rendered":"<p>Homes are expensive, the market is slow, and buyers are wary. But some cities favor sellers. Learn if you should sell your house now, or wait.<\/p>\n","protected":false},"author":559,"featured_media":101463,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[34279],"tags":[34529,34622,34453,34669],"coauthors":[34342],"class_list":["post-96336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-selling-a-home","tag-buying-faq","tag-home-selling-tips","tag-national","tag-selling-prep"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Should I Sell My House Now? | Redfin<\/title>\n<meta name=\"description\" content=\"Homes are expensive, the market is slow, and buyers are wary. 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