Published October 25, 2026 in Market Update

Victoria still rewards strong offers as rates top 7%

By Sally Scrimgeour

Real estate, Victoria -55386

Rates are higher. That is real. Realtor.com reported mortgage rates climbed above 7% for the first time since January 2025. Yet the Real Estate Data Aggregator counted 56 homes sold in Victoria 55386 in the three months ending August 31, 2026. Competition did not disappear.

That 39.3% figure is up 14.7 points from the same three months in 2025, according to the Real Estate Data Aggregator. So more homes drew competing offers this year, not fewer. Buyers are still showing up ready to pay full price or more.

The Real Estate Data Aggregator shows that share is up 17.6 points from a year before. Nearly half of all listings found a buyer fast. That pace held even as rates crossed 7%.

What the numbers say for buyers

CNBC reported that a monthly payment on a median-priced home now takes about 33% of a median family's income. That is up from 26% in 2022. The payment is harder. That is an honest admission. But in Victoria, well-priced homes are still moving fast, so waiting has its own cost.

What the numbers say for sellers

The median sale price was $580,561, down 14% from the same three months in 2025, per the Real Estate Data Aggregator. That dip matters. Not every home will draw a rush. Nationally, Realtor.com found that 20.8% of listings took a price cut in September, the highest share since October 2022. Pricing well from the start is still the move.

The Real Estate Data Aggregator counted 36 homes for sale in 55386, down 10% from a year before. Supply is still tight at 2 months. That keeps well-priced homes in a strong spot. Homes that are priced too high are the ones sitting.

These numbers cover all of ZIP code 55386 for the three months ending August 31, 2026. One street can read very differently from the whole ZIP. A block near a trail or a school can move faster or slower than the averages above.