The 50 places where homes are taking the longest to sell
Published 1:15 pm Friday, September 1, 2023
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 and slowest in the winter. But things are more muted in 2023 as high home prices and mortgage interest rates spook potential buyers. In June, the median number of days a home spent on the market was 29, 11 days longer than the year before.
Slowing home sales can indicate 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 taking the longest to sell, using data from Redfin. Metros are ranked by the most days listed for sale for June, with the metros with the most home sales ranked higher in cases of ties. Metros with over 300 home sales were included.
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#50. Raleigh, NC metro area
– Median days on market: 39
– Median sale price: $445,000
– Total homes sold: 2,144
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#49. Augusta, GA metro area
– Median days on market: 40
– Median sale price: $290,330
– Total homes sold: 846
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#48. Naples, FL metro area
– Median days on market: 40
– Median sale price: $645,000
– Total homes sold: 913
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#47. Jacksonville, FL metro area
– Median days on market: 40
– Median sale price: $367,000
– Total homes sold: 2,816
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#46. Las Vegas, NV metro area
– Median days on market: 40
– Median sale price: $415,000
– Total homes sold: 3,062
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#45. Shreveport, LA metro area
– Median days on market: 41
– Median sale price: $253,000
– Total homes sold: 382
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#44. Kennewick, WA metro area
– Median days on market: 42
– Median sale price: $440,000
– Total homes sold: 336
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#43. Champaign, IL metro area
– Median days on market: 42
– Median sale price: $230,000
– Total homes sold: 344
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#42. Green Bay, WI metro area
– Median days on market: 42
– Median sale price: $329,900
– Total homes sold: 354
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#41. Hickory, NC metro area
– Median days on market: 42
– Median sale price: $275,000
– Total homes sold: 412
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#40. Salem, OR metro area
– Median days on market: 42
– Median sale price: $449,000
– Total homes sold: 466
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#39. Clarksville, TN metro area
– Median days on market: 42
– Median sale price: $320,000
– Total homes sold: 635
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#38. Daphne, AL metro area
– Median days on market: 42
– Median sale price: $379,900
– Total homes sold: 717
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#37. Birmingham, AL metro area
– Median days on market: 42
– Median sale price: $290,000
– Total homes sold: 1,328
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#36. Ocala, FL metro area
– Median days on market: 43
– Median sale price: $275,000
– Total homes sold: 1,019
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#35. Knoxville, TN metro area
– Median days on market: 43
– Median sale price: $379,900
– Total homes sold: 1,162
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#34. San Antonio, TX metro area
– Median days on market: 43
– Median sale price: $319,561
– Total homes sold: 3,168
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#33. Nashville, TN metro area
– Median days on market: 43
– Median sale price: $449,000
– Total homes sold: 3,385
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#32. Montgomery, AL metro area
– Median days on market: 44
– Median sale price: $245,000
– Total homes sold: 483
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#31. Lebanon, NH metro area
– Median days on market: 45
– Median sale price: $380,000
– Total homes sold: 319
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#30. Prescott Valley, AZ metro area
– Median days on market: 45
– Median sale price: $550,000
– Total homes sold: 372
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#29. Asheville, NC metro area
– Median days on market: 45
– Median sale price: $455,000
– Total homes sold: 663
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#28. Elgin, IL metro area
– Median days on market: 45
– Median sale price: $340,000
– Total homes sold: 942
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#27. Lake County, IL metro area
– Median days on market: 45
– Median sale price: $361,500
– Total homes sold: 1,087
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#26. Deltona, FL metro area
– Median days on market: 45
– Median sale price: $348,000
– Total homes sold: 1,523
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#25. Phoenix, AZ metro area
– Median days on market: 45
– Median sale price: $453,000
– Total homes sold: 6,823
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#24. Greenville, SC metro area
– Median days on market: 46
– Median sale price: $333,499
– Total homes sold: 1,273
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#23. Iowa City, IA metro area
– Median days on market: 47
– Median sale price: $300,000
– Total homes sold: 327
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#22. Tucson, AZ metro area
– Median days on market: 48
– Median sale price: $365,000
– Total homes sold: 1,357
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#21. Austin, TX metro area
– Median days on market: 48
– Median sale price: $478,250
– Total homes sold: 3,110
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#20. Chicago, IL metro area
– Median days on market: 48
– Median sale price: $345,000
– Total homes sold: 8,660
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#19. McAllen, TX metro area
– Median days on market: 49
– Median sale price: $245,000
– Total homes sold: 368
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#18. Pittsburgh, PA metro area
– Median days on market: 49
– Median sale price: $245,000
– Total homes sold: 2,529
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#17. Sioux Falls, SD metro area
– Median days on market: 50
– Median sale price: $330,050
– Total homes sold: 452
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#16. Tallahassee, FL metro area
– Median days on market: 50
– Median sale price: $299,900
– Total homes sold: 489
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#15. Pensacola, FL metro area
– Median days on market: 50
– Median sale price: $335,500
– Total homes sold: 1,011
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#14. Fort Lauderdale, FL metro area
– Median days on market: 50
– Median sale price: $430,000
– Total homes sold: 2,904
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#13. Kingsport, TN metro area
– Median days on market: 52
– Median sale price: $262,000
– Total homes sold: 359
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#12. Charleston, SC metro area
– Median days on market: 53
– Median sale price: $424,995
– Total homes sold: 1,669
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#11. New York, NY metro area
– Median days on market: 53
– Median sale price: $705,000
– Total homes sold: 5,751
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#10. Panama City, FL metro area
– Median days on market: 54
– Median sale price: $375,000
– Total homes sold: 542
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#9. Port St. Lucie, FL metro area
– Median days on market: 55
– Median sale price: $394,900
– Total homes sold: 1,045
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#8. Miami, FL metro area
– Median days on market: 56
– Median sale price: $515,000
– Total homes sold: 2,550
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#7. Atlantic City, NJ metro area
– Median days on market: 58
– Median sale price: $295,000
– Total homes sold: 328
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#6. Palm Bay, FL metro area
– Median days on market: 58
– Median sale price: $350,700
– Total homes sold: 1,189
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#5. New Orleans, LA metro area
– Median days on market: 58
– Median sale price: $293,000
– Total homes sold: 1,264
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#4. Honolulu, HI metro area
– Median days on market: 59
– Median sale price: $695,000
– Total homes sold: 743
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#3. West Palm Beach, FL metro area
– Median days on market: 62
– Median sale price: $480,000
– Total homes sold: 2,682
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#2. Sebastian, FL metro area
– Median days on market: 72
– Median sale price: $382,850
– Total homes sold: 376
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#1. Myrtle Beach, SC metro area
– Median days on market: 72
– Median sale price: $345,000
– Total homes sold: 1,958
Story editing by Jeff Inglis. Copy editing by Paris Close. Photo selection by Elena Cox.