2026 Homebuying Forecast: Rates, Inventory & Timing

A new year often brings a slate of new beginnings. Some folks are setting new goals or committing to resolutions, while others may be drafting specific milestones to meet in the new year. If one of the milestones you’re planning is the purchase of a new home, we wanted to help inform your decision by taking a closer look at the 2026 housing market. Since we build semi-custom homes across North and South Carolina, we specifically want to outline the overall Carolinas homebuying forecast. 

The 2026 Housing Market: A Closer Look

If you evaluate the entire housing market in the U.S., there is a general air of positivity. According to the National Association of Realtors (NAR), mortgage rates are set to enter more palatable levels, and inventory is increasing. These trends lend to a more balanced market with room for new opportunities among homebuyers. 

Many of the specifics on the forecast for the 2026 housing market include: 

• Mortgage rates nearer to 6%
• A double-digit increase in home sales nationwide (as predicted by the NAR)
• A great “reset” of the market overall as rates, inventory, income, and prices begin to level off
• Regional markets will likely vary, per usual

Generally, while changes aren’t set to be drastic, most forecasts from major entities signal a market shift that could be more balanced or even favor buyers. 

The 2026 Housing Market: North Carolina Insights 

According to housing market trends recorded by Redfin, North Carolina is one of the top places to which homebuyers are looking to move. Popular areas like the Charlotte Metro and Raleigh continue to see strong job growth, expanding infrastructure, and an influx of new residents — all factors that make these regions attractive for long-term homeownership.

As population growth continues, demand for housing is expected to remain steady. While mortgage rates may soften in 2026, home prices in high-demand areas could remain elevated due to competition and limited resale inventory. The good news? New construction across major metro areas shows no signs of slowing. Increased building activity could help relieve inventory pressure, giving buyers more choices and flexibility — especially people considering building a new home tailored to their needs.

The 2026 Housing Market: South Carolina Insights

South Carolina also makes the list of the most sought-after places to live according to Redfin data. Cities like Greenville, Charleston, and the greater Columbia area continue to attract buyers thanks to job growth, affordability compared to neighboring states, and a high quality of life.

As demand continues across the state, South Carolina’s housing market is expected to remain competitive in 2026. However, similar to North Carolina, an increase in new-home construction could help balance inventory levels. Buyers who are open to new communities or building new may find more opportunities to secure a home that fits both their budget and lifestyle.

Mortgage Rates 2026 

Mortgage rates remain one of the most closely watched factors for buyers — and 2026 may bring some relief, though marginal. Most forecasts suggest rates will stabilize closer to the 6% range, with many analysts setting an estimate for rates to reach 6.3%. These changes may offer improved affordability compared to recent years, where rates hovered in the mid 6% range and higher.

2026 Mortgage Rates in North Carolina

In North Carolina, stabilizing rates could encourage previously hesitant buyers to enter the market. Combined with growing inventory in certain metro areas, buyers may have increased leverage when it comes to pricing, incentives, or closing timelines.

2026 Mortgage Rates in South Carolina

South Carolina buyers may see similar benefits as rates level out. While coastal and high-growth areas may remain competitive, improved financing conditions could make monthly payments more manageable, opening the door for first-time buyers or anyone looking to upgrade.

Home Inventory Trends

Across both North and South Carolina, home inventory in 2026 is expected to gradually improve, though conditions will still vary by market and community. After several years of tight supply, more homeowners and builders are contributing to a slow but steady increase in available homes.

Resale inventory may remain limited in high-demand areas, as many homeowners continue to hold onto lower mortgage rates secured in previous years. However, new-home construction is playing an increasingly important role in helping meet demand across both states. Continued development in growing metro areas and surrounding suburbs is creating more opportunities for buyers who want modern layouts, energy-efficient features, and move-in-ready timelines.

While inventory levels may not fully return to pre-pandemic norms, the overall trend points toward more choice and less urgency for buyers compared to recent years.

Is Now A Good Time to Buy?

As the market begins to shift and level out from years past, 2026 may be a better time to buy than recent years. Mortgage rates are projected to reach averages not seen in some time, and major real estate analyst entities like Redfin predict wage growth could begin to outpace home price increases.

For buyers who value long-term stability, predictability, and the opportunity to build equity, the combination of steadier rates and improving inventory makes 2026 worth serious consideration.

Bottom Line

No market is one-size-fits-all, but 2026 is shaping up to offer renewed opportunity for homebuyers in the Carolinas. With mortgage rates stabilizing, inventory gradually improving, and strong regional growth, buyers may find more balance — and more choice — than in years past.

As the housing market in the Carolinas continues to evolve, working with a builder who understands local trends can make all the difference. At True Homes, we offer semi-custom homes across North and South Carolina — giving buyers the flexibility to personalize their space while benefiting from thoughtfully designed communities, predictable timelines, and transparent pricing. Whether you’re buying your first home or planning your next move, our team is here to help you navigate the year ahead with confidence.