In the latest episode of the Redwood Real Estate Report, hosts Ben Larson and Annalise von Borstel dive into the trends shaping the real estate landscape in Humboldt County as we enter 2026. With a strong start to the year, the insights covered in the video above offers valuable insights for buyers and sellers alike, highlighting key metrics that could impact decision-making in the coming months.

Market Overview: A Year in Review

In January 2026, Humboldt County saw a remarkable increase in real estate activity, with 79 closings reported, a significant rise from just 53 in January 2025. A median sold price of $381,000. This 50% year-over-year increase is attributed largely to a softening of prices and lower interest rates. As Ben Larson notes, the median days on the market decreased from 45 days last January to just 28 days this year, signaling a robust demand for homes.

Understanding Absorption Rates

The absorption rate, which measures supply and demand in the market, has dropped to its lowest since March 2023, now sitting at 4.2 months. Ben explains that a balanced market typically has between five to six months of inventory available, making the current market lean towards a seller’s advantage. This is crucial for potential buyers to understand as they navigate their options in a competitive landscape.

Mortgage rate trends

Ben Larson shares that the average 30-year fixed mortgage rate decreased from 6.19% in December to 6.09% in January. This decline is encouraging for buyers, especially those considering FHA loans, which are currently hovering in the mid-fives. The decrease in rates has fostered a more favorable environment for buyers who have been waiting for the right moment to enter the market.

Eureka

Eureka’s market trends mirror those of the county, with a 60% increase in sold listings and a median price that has dipped slightly. However, the absorption rate remains tight at 2.44 months, indicating a seller’s market.

• 24 sales, 30.4% market share
• $390,500 Median Sold Price

Arcata

Arcata has seen median days on the market drop significantly, with a median sold price up over 17% from last January. Despite the small sample size of sales, this upward trend suggests that the market is adjusting positively.

• 5 Sales, 6.3% Market Share
• $510,000 Median Sold Price

McKinleyville

McKinleyville is starting this year with an absorption rate of just 1.12 months. Sold prices are up from December, but down 9 % from last January. Like Arcata, a small sample size of sales.

• 6 Sales, 7.6% Market Share
• $482,000 Median Sold Price

Fortuna

Fortuna stands out with a robust start to 2026, witnessing over a 60% increase in sales and a median sold price that has surged by 30% compared to last January. With median days on the market dropping to just nine, Fortuna is setting a fast pace that may be difficult to sustain throughout the year, but it’s a strong indicator of buyer interest.

• 13 Sales, 16.5% Market Share
• $525,000 Median Sold Price

As we move further into 2026, the Humboldt County real estate market presents both opportunities and challenges. With increased sales and decreasing time on the market, buyers may find this an opportune moment to make their move. However, as inventory remains low, potential buyers should act quickly to secure their desired properties. Understanding market metrics like absorption rates and mortgage trends will be crucial for making informed decisions in the coming months.

Catch all of the episodes on our YouTube channel or Apple Podcast. Each broadcast includes detailed commentary, market snapshots, and neighborhood features.

For mortgage support, home valuations, or to schedule a free consultation, contact Larson Home Loans or a local agent through Hyperion Humboldt Realty. We’re here to help you make informed moves.