{"id":37,"date":"2026-10-08T17:00:00","date_gmt":"2026-10-08T17:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/teitsmateam-com\/2026\/10\/08\/us-home-prices-what-the-median-misses\/"},"modified":"2026-10-08T17:00:00","modified_gmt":"2026-10-08T17:00:00","slug":"us-home-prices-what-the-median-misses","status":"publish","type":"post","link":"https:\/\/www.teitsmateam.com\/blog\/2026\/10\/08\/us-home-prices-what-the-median-misses\/","title":{"rendered":"US Home Prices: What the Median Misses"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/michelle-teitsma\/new-existing-prices-remotion-videos-1523\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>There\u2019s an interesting trend unfolding in the national housing market that\u2019s worth a closer look\u2014especially for those considering a move in Spring Lake, Grand Haven, or Muskegon. In Q2 2026, the median price for new single-family homes across the US was $410,700, while existing homes came in at $435,700. That $25,000 gap is the widest we\u2019ve seen, and it continues a reversal that began in Q2 2024, when existing-home prices overtook new construction for the first time in years.<\/p>\n<p>What\u2019s fueling this? Many homeowners are holding onto their homes thanks to low pandemic-era mortgage rates, making fewer properties available. At the same time, builders are adapting\u2014offering smaller homes on smaller lots and creative incentives to help buyers. It\u2019s important to remember that these national numbers don\u2019t always reflect what\u2019s happening in our West Michigan communities. Factors like home style, lot size, and construction costs play a big role in shaping local prices.<\/p>\n<p>By Q2 2026, new-home prices nationally dipped about 1% year-over-year, while existing home prices still grew\u2014though at a slower pace (about 2%) after twelve quarters of steady increases. As a team that specializes in waterfront, single-family, condos, and new construction, we\u2019re seeing these national trends play out in unique ways right here along the lakeshore. If you\u2019re navigating your next move, understanding how these shifts impact our local neighborhoods can make all the difference.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s an interesting trend unfolding in the national housing market that\u2019s worth a closer look\u2014especially for those considering a move in Spring Lake, Grand Haven, or Muskegon. In Q2 2026, the median price for new single-family homes across the US was $410,700, while existing homes came in at $435,700. That $25,000 gap is the widest [&hellip;]<\/p>\n","protected":false},"author":512,"featured_media":38,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-37","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/posts\/37","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/users\/512"}],"replies":[{"embeddable":true,"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/comments?post=37"}],"version-history":[{"count":0,"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/posts\/37\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/media\/38"}],"wp:attachment":[{"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/media?parent=37"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/categories?post=37"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.teitsmateam.com\/blog\/wp-json\/wp\/v2\/tags?post=37"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}