All Reports Monthly Market Report North Central • February 2026 • All

Monthly Market Report

Monthly totals, trends, and year-over-year comparisons

 Quick Summary

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Monthly Market ReportNorth CentralFebruary 2026

Supply

Inventory

Average daily inventory
February 2026
140
Expected range of 98–108
Month-over-month
+0%
Typical change is about -5%
Year-over-year
+15%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: A listing counts in inventory if its status is active, not pending or sold. Inventory fluctuates constantly, so we calculate the monthly measure as the inventory at the start of each day average across the entire month. North Central includes Fulton County, Marshall County.

New Listings

Monthly total by listing date
February 2026
51
Expected range of 33–36
Month-over-month
+70%
Typical change is about +18%
Year-over-year
+34%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: Listings may be posted to an MLS system after their listing date. Historically, 92% of listings are posted within three days and 99% within seven days. North Central includes Fulton County, Marshall County.

Sales

Closed Sales

Monthly total of closed sales
February 2026
28
Expected range of 23–26
Month-over-month
-15%
Typical change is about -32%
Year-over-year
-32%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: Sales may be posted to an MLS system after their closing date. Historically, 79% of listings are posted within three days and 96% within seven days. North Central includes Fulton County, Marshall County.

New Pending Contracts

Monthly total by pending date
February 2026
36
Expected range of 31–35
Month-over-month
+29%
Typical change is about +18%
Year-over-year
-10%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: While not all pending contracts result in a closed sale, they are a very strong predictor of sales trends five weeks in the future. Pending contracts may be posted to an MLS system after their pending date. Historically, 81% of listings are posted within three days and 92% within seven days. North Central includes Fulton County, Marshall County.

Market Momentum

Median Days on Market

Days from listing to pending
February 2026
26
Expected range of 54–60
Month-over-month
-65%
Typical change is about +16%
Year-over-year
-63%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: This is calculated as the difference between listing date and pending date. To filter out erroneous data, this filters out listings with a pending date before 2017. There is delay in entering pending dates, so recent months represent only the portion of sales with a pending date. North Central includes Fulton County, Marshall County.

Months of Inventory

Current supply versus 12-month sales average
February 2026
2.8
Expected range of 2.9–3.2
Month-over-month
+3%
Typical change is about -5%
Year-over-year
+12%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: Months of inventory is calculated as the current month's supply ÷ the average sales per month over the previous 12 months. North Central includes Fulton County, Marshall County.

Price

Median Sale Price

Median monthly sale price
February 2026
244,350
Expected range of 211,774–234,065
Month-over-month
+14%
Typical change is about -1%
Year-over-year
+25%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: This excludes properties where the sale price is less than half the listing price or greater than twice the listing price, assuming those are errors. The median price represents the middle value of all properties sold. Half of sales had a higher price and half had a lower price. North Central includes Fulton County, Marshall County.

Sale Price as Pct. of List Price

Monthly average
February 2026
93.7%
Expected range of 91.5%–93.3%
Month-over-month
-1%
Typical change is about -0%
Year-over-year
-0%
View source and notes...

Last update: March 7, 2026, 12:04 a.m. Source: IAR MLS Data Warehouse Data notes: This excludes properties where the sale price is less than half the listing price or greater than twice the listing price, assuming those are errors. North Central includes Fulton County, Marshall County.

Demographics

Affordability