Redfin: Income needed to afford typical US home holds near record high at $109,796

• Redfin analysis for June 2026 pegged the income needed to afford the typical U.S. home at USD 109,796, down 0.5% from a year earlier.
• Estimated median household income rose 4% to USD 87,599, leaving a USD 22,197 affordability gap, narrower than USD 26,125 a year ago.
• Typical buyer would spend 37.6% of income on the median home, down from 39.3% as incomes outpaced housing-cost growth.
• Share of listings affordable to a median-income buyer rose to 34.2% from 30.5%, still well below pre-2022 levels.
• Metro affordability diverged: Seattle income requirement fell 7.4% to USD 221,831; San Francisco rose 6.2% to USD 453,205.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redfin Corporation published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.