Polymarket and Parcl announced a partnership on January 5, 2026, to launch real estate prediction markets in the U.S. The collaboration will use Parcl’s daily housing price indices to let traders forecast city-level property market outcomes. Polymarket will operate the markets, while Parcl provides independent index data for settlement verification.
The partnership introduces housing-focused markets settled against Parcl’s published indices. Traders can predict whether a city’s home price index will rise or fall over a month, quarter, or year.
Each market references a dedicated Parcl resolution page showing final settlement values, historical context, and index methodology, ensuring transparency and auditable outcomes for participants.
Trevor Bacon, CEO of Parcl, emphasized the potential for prediction markets to reflect data-driven views on real estate. Matthew Modabber, CMO of Polymarket, noted that clear settlement data allows real estate to become a first-class category in the prediction-market ecosystem.
The first markets will focus on major U.S. metropolitan areas with high liquidity. Templates include threshold-style outcomes tied to Parcl’s index movements over defined periods.
Polymarket and Parcl will roll out markets in phases, gradually adding more cities and index-based questions. They will also develop standardized templates to maintain consistent market terms, resolution dates, and settlement references.
This approach simplifies expressing market views on housing without requiring individual property analysis, leverage, or long-term commitments. By combining Parcl’s daily indices with Polymarket’s blockchain-based event markets, the collaboration provides a transparent and objective reference for forecasting home price movements.
Polymarket previously raised $2 billion in funding at a $9 billion valuation. The platform has facilitated over 20 million blockchain transactions since January 1, reflecting active engagement. Real estate markets expand Polymarket’s offerings beyond politics, sports, and macro bets, showing the growing adoption of data-driven prediction markets for new asset classes.