Redfin stock moves on fresh housing data and merger

Redfin stock now trades under Rocket Companies after the merger, while a September 3, 2026 report showed U.S. new listings up 2.1 percent week over week and luxury prices in Miami up 18 percent year over year.

Redfin stock (ISIN US75734B1008) now sits in the middle of Rocket Companies' housing platform after the merger, while Redfin's September 3, 2026 market update showed U.S. new listings up 2.1 percent week over week to a four-year high and active listings up 0.4 percent. The same report said the median U.S. sale price was $398,632 in the four weeks ending August 30, 2026.

Housing data turns more supportive

Redfin said pending home sales were down 0.1 percent week over week and had fallen to their lowest level since February, which underlines the gap between supply and demand. The report also put the average weekly mortgage rate at 6.66 percent for the week ending August 27, 2026, while the daily average 30-year fixed rate reached 6.91 percent on September 2, 2026.

For investors, the comparison matters: new listings rose 2.1 percent in one week, but pending sales were still flat at -0.1 percent, so inventory is improving faster than demand. The median asking price slipped 0.1 percent year over year to $392,828, which points to a market where sellers are adjusting faster than buyers.

Luxury markets stay hot

A second Redfin report dated September 3, 2026 showed luxury home-sale prices in Miami up 18 percent year over year in July and Tampa up 15.4 percent, versus 5.3 percent for U.S. luxury prices overall. West Palm Beach stood out with luxury sales up 43.9 percent year over year, the strongest increase in the report.

The number that surprises is the spread: Miami luxury prices rose 18 percent while the national luxury market rose 5.3 percent. That makes Redfin's housing data more than a broad market read-through; it also shows where high-end demand is still setting the tone.

Redfin as a housing data source

Redfin describes itself as a technology-driven real estate company and says its brokerage platform is now part of Rocket Companies. The company also points readers to its housing market research pages, where the September 3, 2026 updates on new listings and luxury pricing were published.

Stock and market context

Redfin Corporation shares were merged into Rocket Companies, and Robinhood's corporate actions tracker says RDFN shareholders receive 0.7926 RKT shares for each Redfin share. On September 4, 2026, that merger detail is the clearest market reference tied directly to the old RDFN line.

Redfin snapshot

• Company: Redfin Corporation
• ISIN: US75734B1008
• Ticker: RDFN
• Trading venue: Nasdaq
• Sector / Industry: Real Estate / Real Estate Services
• Index membership: None
• Price (as of September 4, 2026): unavailable after merger
• Market capitalization: unavailable after merger