US median home sale price jumps $8,400 in May to $424,900
The two-month gain reached $31,800, marking the largest increase in four years, while the average home sale price rose by $39,200 in May.
Fact Check
Census Bureau primary data confirms every key figure: median new home price $424,900 in May 2026, up $8,400 (2.0%) from April's $416,500; average price $540,600, up $39,200 from April (+7.8%) and the highest year-over-year gain at 5.0%. The two-month median gain of $31,800 is consistent with the data. The only caveat is that the claim describes these generically as 'home sale price' when they specifically refer to NEW home sales (not existing homes), a minor imprecision that does not affect the accuracy of the numbers.
Summary
U.S. home prices moved sharply higher in May, with the median home sale price rising by $8,400 to $424,900, the second-highest level since January 2025. Over the last two months, the median price increased by $31,800, the largest two-month jump in four years. The average home sale price also climbed, surging by $39,200 in May. The figures point to renewed strength in housing prices even as affordability remains a key market issue.
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