IRVINE, Calif. – ATTOM, a leading provider of property data, AI-powered analytics and real estate intelligence solutions, released its latest U.S. Home Sales Report, which shows that homeowners made a 44.1 percent profit on typical single-family home and condo sales during the first quarter of 2026. 

That was down from 47.2 percent in the previous quarter and 50.2 percent in the first quarter of 2025.

The 44.1 percent profit margin is the lowest since the first quarter of 2021, continuing a gradual decline from the recent peak of 63.5 percent in the second quarter of 2022.  Despite the drop, margins remain historically high compared to pre-pandemic levels.

Home prices held steady quarter-over-quarter at $360,000 but were up 3 percent year-over-year from $350,000 in the first quarter of 2025.

Nationwide, the typical single-family home or condo sold for a raw profit of $110,100 in the first quarter, down 5 percent from the previous quarter and 6 percent from the same time last year.

“The first quarter is typically a slower sales season, and that was compounded this year by rising mortgage rates,” said Rob Barber, CEO of ATTOM. “After the record high home prices we saw last summer, prices appear to be leveling out. The profit margins sellers enjoyed over the last few years, which were consistently over 50 percent, were unusual. But even with the most recent dip, margins are still well above the 30 percent return on investment sellers were seeing before the pandemic.”

Other findings from the report:

  • Seller profit margins fell quarter-over-quarter in 74.2 percent (95) of the 128 metropolitan statistical areas. Metro areas were included in the report if they had more than 1,000 home sales in the first quarter of 2026 and sufficient data to analyze. Profit margins fell year-over-year in 82.8 percent (106) of the metros.
  • Of the 128 metros in ATTOM’s analysis, 37.5 percent (48) had typical home sale profit margins exceeding 50 percent in the first quarter.
  • The national median home sales price held steady between the fourth quarter of 2025 and the first quarter of 2026 at $360,000, but the median sales prices rose annually in 68.2 percent (88) of the 129 metropolitan statistical areas with sufficient data to analyze.
  • Owners who sold their homes in the first quarter of 2026 had held them for an average of 8.44 years, down slightly from the 8.46-year tenure for homes sold in the fourth quarter of 2025.
  • In the first quarter of 2026, homes sold by banks or other lenders accounted for 1.6 percent of all home sales nationwide, up from 1.3 percent the previous quarter and 1.5 percent at the same time last year.
  • Nationwide, 41.7 percent of home sales were completed in all-cash transactions, down from 42.4 percent at the same time last year.
  • In the first quarter of 2026, homes sold to institutional investors accounted for 6.6 percent of all homes sold nationwide, down from 6.8 percent at the same time last year.
  • Buyers using Federal Housing Administration loans purchased 7.4 percent of all homes sold nationwide in the first quarter of 2026, the lowest rate since the second quarter of 2022.