Published October 4, 2026 in Market Update

Primary market still runs tighter than the national housing supply

By Scott Williams

Real estate, Primary market

These numbers cover the three months ending July 31, 2026. The National Association of Realtors reported 4.9 months of supply nationally, the highest in over ten years. Not one ZIP code in this market matched that. The Real Estate Data Aggregator counted supply ranging from 0.8 months in 48195 to 3.6 months in 48105. That split is the whole story.

Months of supply tells you how long it would take to sell every home listed, at today's pace. Below 3 months usually favors sellers. Above 4 months usually gives buyers more room. The national number sits at 4.9 months. Most of this market is well below that.

Where supply stands, ZIP by ZIP

The Real Estate Data Aggregator tracked 20 ZIP codes across this market. Here is how months of supply lines up, from tightest to loosest.

The tightest end: 48195

The Real Estate Data Aggregator counted just 0.8 months of supply in 48195, down 0.4 months from the same period in 2025. There were only 30 homes for sale. In that same window, 109 sold and 119 went pending. More than half, 56.9%, sold above list price. The median sale price was $230,000, up 8.5% from a year before.

The loosest end: 48105

The Real Estate Data Aggregator counted 3.6 months of supply in 48105, up 0.5 months from a year before. That is still below the national figure, but it is the most room buyers have in this market. The median sale price was $476,000, down 10% from a year ago. The average sale came in at 99.1% of list price. That is the only ZIP in this market where sellers, on average, took a small cut.

Where prices and speed pulled in different directions

Some ZIPs show that tight supply does not always mean rising prices. In 48117, the Real Estate Data Aggregator counted 2.9 months of supply. Homes sold in a median of just 9 days, unchanged from a year before. The sale-to-list ratio was 102.9%, and 61.9% sold above list price. Yet the median sale price was $315,000, down 1.6% from a year ago. Speed and competition were both high, but the price slipped a little.

In 48301, supply was 2.5 months. The median sale price was $700,000, down 10.3% from a year before. The sale-to-list ratio was 99.1%. Homes took a median of 17 days. So buyers in higher price ranges found a little more negotiating room, even with supply still tight by national standards.

The market as a whole

Across all 20 ZIP codes, the Real Estate Data Aggregator counted 1,809 homes sold, 1,130 homes for sale, 2,215 new listings and 2,011 pending sales in the three months ending July 31, 2026. More homes went pending than were for sale. That tells you demand is still outrunning available inventory in this market as a whole.

What rates are doing to buyers right now

Freddie Mac put the average 30-year fixed rate at 7.28% as of October 1, 2026. The 15-year averaged 6.60%. Realtor.com reported that rates crossed 7% in late September for the first time since January 2025, and have risen nearly 40 basis points over the past four weeks. That adds real cost to any purchase, and it is worth knowing before you set a price or a budget.

Nationally, the Federal Housing Finance Agency reported U.S. house prices rose 2.1% year over year between the second quarter of 2025 and the second quarter of 2026. Realtor.com reported active listings up 6.3% from a year ago nationally. This market is adding listings too, but still at a pace that keeps supply well below the national level in most ZIP codes.

One street can read very differently from the ZIP code it sits in. The numbers above are averages. Your home's actual position in this market depends on its price range, condition and exact location. Text me and I can show you where it lands.