{"id":23989,"date":"2026-01-29T02:00:54","date_gmt":"2026-01-29T10:00:54","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=23989"},"modified":"2026-01-30T15:10:43","modified_gmt":"2026-01-30T23:10:43","slug":"buyer-how-much-should-i-offer-over-the-asking-price","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/buyer-how-much-should-i-offer-over-the-asking-price\/","title":{"rendered":"I Want to Buy a House in 2026. How Much Should I Offer Over the Asking Price?"},"content":{"rendered":"<p>Your budget is $400,000. You see a house you love, and it\u2019s listed at $400,000. Perfect match, right?<\/p>\n<p>Not so fast.<\/p>\n<p>If you&#8217;re thinking of buying a house in 2026, you\u2019ve likely noticed the U.S. is experiencing a peculiar housing market that won\u2019t allow home shopping to be that simple. You\u2019ll need to budget for the anxiety question: \u201cHow much should I offer over the asking price?\u201d<\/p>\n\n\n\n\n\n<div class=\"geo-cta widget-cta widget-cta--content     widget-cta--dark widget-cta--dark-blue-gradient\">\n    <div class=\"widget-element--content\">\n        <div class=\"widget-element--content-header\">\n            <img decoding=\"async\" alt=\"homelight logo\" class=\"widget-element--logo\" src=\"https:\/\/www.homelight.com\/blog\/wp-content\/themes\/ccprototypev5\/images\/logo-small-cta.png\" width=\"106\" height=\"25\" \/>\n        <\/div>\n        \n                <h3 class=\"cta-headline widget--bold\">Work With a Top Agent to Nail Down Your Offer<\/h3>\n                        <p>Most people only buy one or a few homes in their lifetime, but experienced agents help buyers all the time. When it comes to making a solid offer on your dream home, who you work with matters.<\/p>\n        \n                <div class=\"widget-element--buttons\">\n            <a data-type=\"In Content CTA\" href=\"https:\/\/www.homelight.com\/find-agent\/quiz\/buyer?#\/qaas=0\/\" class=\"cta-click-track widget-element--button\">Find Agent<\/a>\n        <\/div>\n                    <\/div>\n<\/div>\n\n\n<p>As you consider this balancing act, here\u2019s what potential home buyers around the country can expect in the coming year:<\/p>\n<ul>\n<li aria-level=\"1\">The National Association of Realtors\u00ae (NAR) predicts that existing home sales will <a href=\"https:\/\/www.nar.realtor\/newsroom\/nar-forecast-home-sales-expected-to-jump-14-in-2026\">increase 14%<\/a> in 2026.<\/li>\n<li aria-level=\"1\">NAR expects mortgage rates to ease to 6%.<\/li>\n<li aria-level=\"1\">Fannie Mae is also forecasting 2026 to end with mortgage rates at <a href=\"https:\/\/www.fanniemae.com\/newsroom\/fannie-mae-news\/mortgage-rates-expected-move-below-6-percent-end-2026\">5.9%<\/a>.<\/li>\n<\/ul>\n<p>&#8220;[2026] is really the year that we will see a measurable increase in sales,&#8221; NAR Chief Economist Lawrence Yun said. &#8220;Home prices nationwide are in no danger of declining.&#8221;<\/p>\n<p>However, real estate is a highly local game, explains <a href=\"https:\/\/www.homelight.com\/agents\/james-strum-va-0225175558\">James Strum<\/a>, a Richmond, Virginia-based agent with 20 years of experience. \u201cThere are so many variables. Is [the buyer] jumping into a beautiful, polished home with all the finishes in a hot market?\u201d Or are you shopping in a city where homes have been <a href=\"https:\/\/www.homelight.com\/blog\/days-on-market-matters\/\">sitting on the market<\/a> for a while?<\/p>\n<p>So, how much should you offer to pay over <a href=\"https:\/\/www.homelight.com\/blog\/buyer-what-is-reasonable-to-offer-below-asking-price\/\">asking price<\/a>? Factors such as your budget, preapproved amount, local market trends, appraisal, and even competing offers can help you decide on an appropriate amount. Our expert-backed guide is here to help you dive into these considerations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How much should I offer over the asking price in the current housing market? We talked to experienced agents to give buyers the inside scoop.<\/p>\n","protected":false},"author":150,"featured_media":39245,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[192,646,702],"tags":[],"class_list":["post-23989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-buyers","category-making-offers","category-offers-negotiations"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How Much Should I Offer Over the Asking Price? 7 Ways to Decide<\/title>\n<meta name=\"description\" content=\"How much should I offer over the asking price in the current housing market? We talked to experienced agents to give buyers the inside scoop.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.homelight.com\/blog\/buyer-how-much-should-i-offer-over-the-asking-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"I Want to Buy a House in 2026. How Much Should I Offer Over the Asking Price?\" \/>\n<meta property=\"og:description\" content=\"How much should I offer over the asking price in the current housing market? 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