America’s Oldest vs. Newest Luxury Markets: Realtor.com® Report Highlights the Evolving Faces of U.S. Luxury |

National luxury prices stabilize as buyers weigh the prestige of historic coastal enclaves against the modern scale of emerging Mountain and Sun Belt markets

AUSTIN, Texas, Feb. 11, 2026 /PRNewswire/ — The U.S. luxury housing market opened 2026 with a stabilizing trend in pricing, defined by a fundamental difference in what luxury means from one region to the next. While national entry-level luxury prices held steady at $1.19 million, Realtor.com® January Luxury Housing Report highlights how the definition of luxury is shifting between established legacy markets and new growth hubs.

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