Polymarket Launches Real Estate Prediction Market

Key Insights
Polymarket is set to introduce real estate prediction markets that enable users to forecast housing prices. The company has recently announced a partnership with Parcl. Prediction markets are expanding, offering event contracts on a growing array of topics.
Polymarket will soon allow its users to wager on potential housing prices in the US. The blockchain-based prediction platform announced that it will launch real estate prediction markets for traders. This initiative follows its recent partnership with housing data and real estate platform Parcl, using Parcl’s published price indices as references for settling contracts.

Polymarket Partners with Parcl
The announcement noted that these markets will provide a clearer perspective on price direction, aiming to deliver an objective forecast of home prices by combining Parcl’s daily indices with Polymarket’s event markets. Housing is the largest asset class globally, though determining price direction is complex. These new markets are expected to simplify trading of housing outcomes.

“By integrating Parcl’s daily indices with Polymarket’s event-market structure, the partnership offers a straightforward way to trade housing outcomes, featuring clear settlement rules and public, auditable resolution data.”

The initial event contracts will focus on the US housing market, with templates based on price movements over specified periods. Although no launch dates have been announced, the markets will be introduced gradually, starting with high-liquidity cities.

Trevor Bacon, CEO of Parcl, expressed excitement about the partnership, noting that prediction markets signify a shift in how truth is identified. “Parcl is the source of truth for real-estate pricing, and we believe it should be a key category within the prediction-market ecosystem. Polymarket is pioneering in this space, and we’re thrilled to collaborate.”

Prediction Market Continues Expansion
The launch of real estate prediction markets showcases sector growth, with contracts spanning various industries. While earlier contracts mainly focused on political topics, prediction markets now cover a broader range of fields, including sports, culture, economics, and science.

Sports event contracts have been a major driver of sector growth this year. Prediction market platforms like Kalshi and Polymarket registered over $44 billion in trading volume for 2025. Emerging competitors like certain betting and crypto platforms are also showing interest, reflecting growing competition in the field.

The blockchain-based prediction platform backed by YZi, the VC firm of a prominent crypto figure, saw significant volume growth recently, surpassing Polymarket to rank second in December, trailing Kalshi. The excitement around prediction markets persists into 2026, highlighted by a trader profiting over $400,000 from an event focused on Venezuela.