SimpleFunctions
Winner-take-all answer·9 source contracts·Kalshi 9·refreshed just now·Closes Aug 11, 2026 · 0d

Will Median Sales Price of Existing Homes (HOSMEDUSM052N) for July 2026 be above $430,000

Leader sits at 91% across 9 bound outcomes, runner-up at 80%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

91%

Above $415,000

runner-up 80¢leader 91¢

Outcomes

9

winner-take-all

Runner-up

80¢

Above $420,000

Spread

11pp

contested

24h volume

$3K

modest

Closes

Aug 11, 2026

0 days

Venue

Kalshi

9 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayAbove $415,000: 86% (3 days, 3 points)Above $415,000: 86% on 2026-08-13Above $420,000: 41% (3 days, 3 points)Above $420,000: 41% on 2026-08-13Above $425,000: 55% (3 days, 2 points)Above $425,000: 55% on 2026-08-12
Above $415,00086¢Above $420,00041¢Above $425,00055¢
Top 3 candidates by current price · 3d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This probability indicates traders believe there is a 94% chance the median price of existing U.S. homes will exceed $415,000 in July 2026, with declining confidence at higher price points. The assessment reflects recent housing market trends and seasonal patterns in home sales data. Upward pressure comes from persistent inflation, tight housing supply, and demand factors, while downward pressure could emerge from rising interest rates, economic slowdown, or increased housing inventory. The July 2026 median price will be officially released by the Federal Reserve Economic Data (FRED) system, which publishes this monthly metric. Traders show sharp confidence drop above $440,000 (43% probability), suggesting meaningful uncertainty about sustained price appreciation at higher levels. The narrow 24-hour trading volume on higher-price contracts indicates less active debate on extreme outcomes.

  • Median existing home price has historically averaged around $400,000-$430,000 range; exceeding $415,000 requires modest appreciation from recent baselines
  • Mortgage interest rates and lending standards directly influence buyer purchasing power and price support levels
  • Housing inventory levels and new construction data affect supply-side price pressures through June and into July 2026
  • Economic indicators released in June-July 2026 (employment, inflation, consumer confidence) will influence buyer demand
  • Seasonal factors: July is typically mid-year reporting period; any June housing data surprises will inform final price outcomes

What moved the line

  • Aug 13Above $420,00020pp6141¢ · Kalshi
  • Aug 12Above $430,00019pp4930¢ · Kalshi
  • Aug 13Above $445,00013pp207¢ · Kalshi
  • Aug 12Above $420,00012pp7361¢ · Kalshi
  • Aug 12Above $425,00011pp6655¢ · Kalshi

Recently closed in general

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

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