Mid-Atlantic Housing Market Stabilizes, Opportunities Rise in 2026

The Mid-Atlantic housing market is cooling due to high mortgage rates, affordability issues, and economic uncertainty. August saw a 3.6% drop in closed sales and declines in pending sales and showings. Inventory rose 12.6% as fewer buyers made offers. Median home prices increased modestly, with slower price growth expected. Markets in Philadelphia, Baltimore, and Washington, D.C. show similar trends of rising inventory, fewer buyers, and slower sales.