2026 Northville Housing Market Outlook: What Buyers and Homeowners Need to Know

by Jeff Duneske

The 2026 housing market is beginning to take shape, and buyers and homeowners in Northville are asking the same question: Will it finally get easier to make a move?

Early national forecasts from the National Association of Realtors, Realtor.com, and Zillow suggest a gradual return toward balance. Not a dramatic reset, but meaningful progress for anyone planning to buy or sell in the coming year.

Here's what the experts are projecting and what it means for your next step in the Northville real estate market.


Sales Activity: Slow, Steady Improvement Ahead

National projections vary, but all three major forecasts expect more home sales in 2026 as affordability improves and pent-up demand begins to release.

National expectations include:

  • NAR: Home sales rising by roughly fourteen percent

  • Zillow: Sales increasing by about 4.3 percent as more buyers reenter the market

  • Realtor.com: A more modest 1.7 percent increase, reflecting the lock-in effect created by low mortgage rates

In Northville, how quickly homes go under contract will remain one of the most evident signs of shifting demand. The pace has always been strong in our community, and improving affordability should help maintain healthy activity.


Home Prices: Continued Growth With Some Relief for Buyers

Prices are expected to keep climbing, just at a more sustainable pace than we saw during the pandemic years. For Northville homeowners, this means continued equity strength. For buyers, it brings a touch more negotiating room.

National price forecasts include:

  • Growth ranging from about 1.2 percent to around 4 percent

  • Fewer major markets are experiencing year-over-year price declines

  • Ongoing price stability across most regions

In Northville, strong schools, vibrant community life, and consistent demand continue to support solid resale values.


Mortgage Rates: Better Than 2025, Not Returning to Record Lows

While rates are expected to settle below the highs of early 2025, experts agree that the three-percent era is not coming back.

Forecasts point to:

  • A roughly 6.3 percent average mortgage rate in 2026

  • Gradual improvements in affordability

  • More buyers are becoming comfortable reentering the market

If you plan to buy in Northville, connecting with a trusted local lender early can help you understand your purchasing power and prepare for the right opportunity.


Inventory: More Choices, Still Not Back to Normal

National supply continues to grow after years of shortages, giving buyers more options and helping sellers attract serious, qualified purchasers.

What experts project:

  • Nearly a nine percent increase in existing home inventory

  • A national months-of-supply average around 4.6 months

  • Builders continuing to offer rate buydowns and incentives

In Northville, increased inventory may ease competition slightly, but desirable homes will still stand out quickly. A strong strategy remains essential on both sides of the transaction.


Affordability: A Slow but Encouraging Shift

For the first time in a while, affordability trends are improving. It doesn't mean housing will suddenly feel inexpensive, but it does signal that more families will be able to participate in the market.

National affordability indicators include:

  • Payment-to-income ratios dipping below thirty percent for the first time since 2022

  • More first-time buyers able to qualify

  • Better rental affordability, allowing renters to save faster for down payments

If you're renting in Northville, this could be your moment to begin mapping out your path to homeownership.


What It Means for Northville Buyers

Small improvements can make a big difference when you're navigating a competitive market like Northville. Buyers can expect:

  • Slightly improved borrowing conditions

  • More inventory to choose from

  • A less intense pace than the peak pandemic years

Understanding your price range early gives you the confidence and clarity you need when the right home becomes available.


What It Means for Northville Sellers

Sellers remain in a strong position heading into 2026. Continued price growth and solid equity gains provide opportunities to make meaningful lifestyle or financial moves.

Northville sellers benefit from:

  • Strong demand for well-presented homes

  • A growing pool of motivated buyers

  • Exceptional long-term equity performance

With buyers becoming more payment-sensitive, pricing and presentation matter more than ever.


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Bottom Line

National forecasts show 2026 shaping up to be a more balanced, predictable market. Here in Northville, thoughtful preparation and a clear plan can help you take full advantage of rising inventory, steady prices, and improving affordability.

If you're considering buying or selling in Northville next year, I'd be glad to walk through your goals and create a strategy that supports where you want to be in 2026. Let's talk whenever you're ready. I'm here to help you move forward with clarity and confidence.

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Jeff Duneske
Jeff Duneske

Broker Associate | License ID: 6501297753

+1(248) 939-9393

127 Hutton St, Northville, MI, 48167

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