The 50 places where homes are taking the longest to sell
Published 3:45 pm Wednesday, April 26, 2023
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The 50 places where homes are taking the longest to sell
The pace at which homes sell in the U.S. tends to ebb and flow over the calendar year, with homes selling fastest in the summer months and slowest in the winter. But this spring selling season, things are more muted as high home prices and mortgage interest rates spook potential buyers. In March, the median number of days a home spent on the market was 43, more than three weeks longer compared to the year before.
Slowing home sales can be a sign that a given market is more buyer-friendly. It can also signal a mismatch between prospective homebuyers’ purchasing power and market conditions.
Stacker compiled a list of metros where homes are selling the slowest using data from Redfin. Metros are ranked by the most days listed for sale for the month of March, with the metros with the most home sales being ranked higher in cases of ties. Metros with over 300 home sales were included.
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#50. Hickory, NC metro area
– Median days on market: 49
– Total homes sold: 332
– Median sale price: $265,000
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#49. Montgomery, AL metro area
– Median days on market: 50
– Total homes sold: 394
– Median sale price: $215,000
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#48. Elgin, IL metro area
– Median days on market: 50
– Total homes sold: 729
– Median sale price: $310,000
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#47. Bridgeport, CT metro area
– Median days on market: 50
– Total homes sold: 786
– Median sale price: $510,000
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#46. Charlotte, NC metro area
– Median days on market: 50
– Total homes sold: 3,534
– Median sale price: $380,000
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#45. Lake Havasu City, AZ metro area
– Median days on market: 51
– Total homes sold: 398
– Median sale price: $349,450
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#44. Gary, IN metro area
– Median days on market: 51
– Total homes sold: 752
– Median sale price: $241,000
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#43. Nassau County, NY metro area
– Median days on market: 51
– Total homes sold: 1,638
– Median sale price: $580,000
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#42. Lakeland, FL metro area
– Median days on market: 52
– Total homes sold: 1,421
– Median sale price: $320,288
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#41. Raleigh, NC metro area
– Median days on market: 52
– Total homes sold: 2,077
– Median sale price: $420,000
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#40. McAllen, TX metro area
– Median days on market: 53
– Total homes sold: 377
– Median sale price: $229,500
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#39. New Brunswick, NJ metro area
– Median days on market: 53
– Total homes sold: 2,203
– Median sale price: $444,000
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#38. Riverside, CA metro area
– Median days on market: 53
– Total homes sold: 3,974
– Median sale price: $540,000
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#37. Clarksville, TN metro area
– Median days on market: 54
– Total homes sold: 491
– Median sale price: $285,000
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#36. Daphne, AL metro area
– Median days on market: 54
– Total homes sold: 623
– Median sale price: $375,040
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#35. Lake County, IL metro area
– Median days on market: 54
– Total homes sold: 781
– Median sale price: $310,000
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#34. Deltona, FL metro area
– Median days on market: 55
– Total homes sold: 1,511
– Median sale price: $348,980
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#33. Tucson, AZ metro area
– Median days on market: 56
– Total homes sold: 1,293
– Median sale price: $350,000
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#32. San Antonio, TX metro area
– Median days on market: 56
– Total homes sold: 2,693
– Median sale price: $313,990
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#31. Nashville, TN metro area
– Median days on market: 56
– Total homes sold: 2,980
– Median sale price: $433,650
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#30. Knoxville, TN metro area
– Median days on market: 57
– Total homes sold: 993
– Median sale price: $349,900
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#29. Fort Lauderdale, FL metro area
– Median days on market: 57
– Total homes sold: 2,885
– Median sale price: $400,000
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#28. Chicago, IL metro area
– Median days on market: 57
– Total homes sold: 6,724
– Median sale price: $308,500
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#27. Phoenix, AZ metro area
– Median days on market: 57
– Total homes sold: 6,944
– Median sale price: $430,000
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#26. Panama City, FL metro area
– Median days on market: 58
– Total homes sold: 566
– Median sale price: $378,900
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#25. Pensacola, FL metro area
– Median days on market: 58
– Total homes sold: 857
– Median sale price: $327,750
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#24. Greenville, SC metro area
– Median days on market: 58
– Total homes sold: 1,100
– Median sale price: $308,926
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#23. Charleston, SC metro area
– Median days on market: 59
– Total homes sold: 1,490
– Median sale price: $415,885
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#22. Jacksonville, FL metro area
– Median days on market: 59
– Total homes sold: 2,804
– Median sale price: $343,990
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#21. Salem, OR metro area
– Median days on market: 60
– Total homes sold: 376
– Median sale price: $430,000
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#20. Reno, NV metro area
– Median days on market: 60
– Total homes sold: 495
– Median sale price: $500,000
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#19. Pittsburgh, PA metro area
– Median days on market: 60
– Total homes sold: 1,917
– Median sale price: $205,000
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#18. New Orleans, LA metro area
– Median days on market: 61
– Total homes sold: 981
– Median sale price: $270,000
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#17. Asheville, NC metro area
– Median days on market: 62
– Total homes sold: 561
– Median sale price: $413,990
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#16. Spartanburg, SC metro area
– Median days on market: 63
– Total homes sold: 514
– Median sale price: $274,950
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#15. Huntsville, AL metro area
– Median days on market: 63
– Total homes sold: 810
– Median sale price: $322,405
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#14. Port St. Lucie, FL metro area
– Median days on market: 63
– Total homes sold: 1,011
– Median sale price: $380,000
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#13. Palm Bay, FL metro area
– Median days on market: 64
– Total homes sold: 1,220
– Median sale price: $340,000
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#12. Prescott Valley, AZ metro area
– Median days on market: 65
– Total homes sold: 319
– Median sale price: $540,000
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#11. West Palm Beach, FL metro area
– Median days on market: 65
– Total homes sold: 2,785
– Median sale price: $449,000
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#10. Miami, FL metro area
– Median days on market: 66
– Total homes sold: 2,554
– Median sale price: $500,000
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#9. Las Vegas, NV metro area
– Median days on market: 67
– Total homes sold: 3,058
– Median sale price: $400,000
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#8. Sebastian, FL metro area
– Median days on market: 70
– Total homes sold: 352
– Median sale price: $384,000
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#7. Austin, TX metro area
– Median days on market: 70
– Total homes sold: 2,616
– Median sale price: $450,000
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#6. Poughkeepsie, NY metro area
– Median days on market: 71
– Total homes sold: 467
– Median sale price: $359,990
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#5. Honolulu, HI metro area
– Median days on market: 71
– Total homes sold: 696
– Median sale price: $722,500
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#4. Boise City, ID metro area
– Median days on market: 76
– Total homes sold: 1,229
– Median sale price: $439,900
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#3. Valdosta, GA metro area
– Median days on market: 78
– Total homes sold: 475
– Median sale price: $123,000
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#2. New York, NY metro area
– Median days on market: 81
– Total homes sold: 4,209
– Median sale price: $660,000
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#1. Myrtle Beach, SC metro area
– Median days on market: 87
– Total homes sold: 1,918
– Median sale price: $329,963