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Economy/Housing Inventory
HousingUpdated with every release

Active For-Sale Housing Inventory

The count of unique active for-sale listings across the US (all home types, smoothed), from Zillow Research, monthly since 2018. This is the resale market's shelf: what a buyer can actually choose from — distinct from new-construction inventory, which builders control.

Housing Inventory2026-07-01
1.39M
from 1.36M

Active listings

YoY %
1.2%
All-time high 1.73M (2018-08)
All-time low 707K (2022-02)
Since 2018
Observations 101

Latest reading

As of July 2026, Housing Inventory (Active listings) stands at 1.39M — up from 1.36M the prior reading, 20% below the August 2018 record of 1.73M. The series bottomed near 700K listings in early 2022 (the pandemic frenzy) against a pre-pandemic norm around 1.5M. Rebuilding inventory with sales still frozen means homes sitting longer — mild price pressure — while inventory rising WITH sales recovering would be a healthy thaw. Read it against existing-home months of supply, which divides this shelf by the sales pace. Series history runs from 2018 to present.

Sources, methodology & freshnessOpen ↓
Source
Zillow Research public data (for-sale inventory, all homes, smoothed), monthly since 2018
Methodology
Complete monthly history, charted as released — release-dated readings, no smoothing or adjustment beyond what the chart legend states
Updates
Monthly, with every release
Maintained & reviewed by Yuriy Matso — methodology shown on the page.
01

Full history

Range:

Active listings

Active listingsSPY price (right, since 1993)

Year-over-year %

Inventory's annual change — the fastest-turning supply signal in housing. The 2021 trough near 700K listings was the tightest resale market ever recorded.

Inventory YoY %SPY price (right, since 1993)Zero line
02

Methodology & data

Housing Inventory is sourced from Zillow directly from the publisher’s own dataset (Zillow Research public data (for-sale inventory, all homes, smoothed), monthly since 2018). We pull the complete history, chart it on a monthly basis, overlay SPY for context, and generate a dated plain-English reading from the latest release — with no smoothing or adjustment beyond what the chart legend states.

Every reading is stamped with its release date. Maintained and reviewed by Yuriy Matso; see our methodology for the standards every series on the site is held to.

03

Frequently asked questions

What is the Active For-Sale Housing Inventory?

The count of unique active for-sale listings across the US (all home types, smoothed), from Zillow Research, monthly since 2018. This is the resale market's shelf: what a buyer can actually choose from — distinct from new-construction inventory, which builders control.

How do you read Housing Inventory?

The series bottomed near 700K listings in early 2022 (the pandemic frenzy) against a pre-pandemic norm around 1.5M. Rebuilding inventory with sales still frozen means homes sitting longer — mild price pressure — while inventory rising WITH sales recovering would be a healthy thaw. Read it against existing-home months of supply, which divides this shelf by the sales pace.

Where does the Housing Inventory data come from?

Zillow Research public data (for-sale inventory, all homes, smoothed), monthly since 2018. We chart the full history and publish a dated, plain-English reading with every release; the raw series is downloadable as CSV at /data/indicators/housing-inventory.csv.

How often is Housing Inventory updated?

Housing Inventory is a monthly series from Zillow, refreshed here as soon as a new release posts from Zillow.