The 50 places where homes are selling the fastest
Published 7:00 pm Tuesday, July 2, 2024
Recurring: The 50 places where homes are selling the fastest
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 high home prices and mortgage interest rates are keeping many potential buyers on the sidelines.
The median number of days a home spent on the market in May was 32, the same as the year before.
When homes sell faster, it can be a sign that any given market is less buyer-friendly, and decisions must be made quickly.
Stacker compiled a list of metros where homes sold the fastest in May, using data from Redfin. Metros, which include the main city as well as its surrounding towns and suburbs, are ranked by the median number of days a home was listed before it sold. Metros with more than 300 home sales were included. In the case of ties, metros with the most home sales overall were ranked higher.
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#50. Montgomery County, Pennsylvania
– Median days on market: 16
– Median sale price: $485,000
– Total homes sold: 1,844
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#49. Cleveland
– Median days on market: 16
– Median sale price: $236,000
– Total homes sold: 2,320
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#48. St. Louis
– Median days on market: 16
– Median sale price: $268,000
– Total homes sold: 3,423
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#47. Modesto, California
– Median days on market: 15
– Median sale price: $480,000
– Total homes sold: 348
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#46. Cedar Rapids, Iowa
– Median days on market: 15
– Median sale price: $219,000
– Total homes sold: 349
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#45. Davenport, Iowa
– Median days on market: 15
– Median sale price: $180,000
– Total homes sold: 441
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#44. Scranton, Pennsylvania
– Median days on market: 15
– Median sale price: $210,750
– Total homes sold: 497
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#43. Fresno, California
– Median days on market: 15
– Median sale price: $415,000
– Total homes sold: 587
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#42. San Francisco
– Median days on market: 15
– Median sale price: $1,557,500
– Total homes sold: 996
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#41. Frederick, Maryland
– Median days on market: 15
– Median sale price: $615,000
– Total homes sold: 1,368
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#40. San Diego
– Median days on market: 15
– Median sale price: $922,990
– Total homes sold: 2,256
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#39. Lynchburg, Virginia
– Median days on market: 14
– Median sale price: $294,990
– Total homes sold: 346
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#38. Eugene, Oregon
– Median days on market: 14
– Median sale price: $450,000
– Total homes sold: 387
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#37. Manchester, New Hampshire
– Median days on market: 14
– Median sale price: $511,750
– Total homes sold: 390
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#36. Barnstable Town, Massachusetts
– Median days on market: 14
– Median sale price: $699,000
– Total homes sold: 418
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#35. Lincoln, Nebraska
– Median days on market: 14
– Median sale price: $299,500
– Total homes sold: 480
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#34. Springfield, Missouri
– Median days on market: 14
– Median sale price: $279,900
– Total homes sold: 661
Jacob Boomsma // Shutterstock
#33. Omaha, Nebraska
– Median days on market: 14
– Median sale price: $321,500
– Total homes sold: 1,282
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#32. Portland, Oregon
– Median days on market: 14
– Median sale price: $560,000
– Total homes sold: 2,792
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#31. Bremerton, Washington
– Median days on market: 13
– Median sale price: $590,000
– Total homes sold: 347
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#30. Roanoke, Virginia
– Median days on market: 13
– Median sale price: $310,000
– Total homes sold: 389
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#29. Fort Wayne, Indiana
– Median days on market: 13
– Median sale price: $262,000
– Total homes sold: 527
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#28. Spokane, Washington
– Median days on market: 13
– Median sale price: $435,000
– Total homes sold: 666
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#27. Richmond, Virginia
– Median days on market: 13
– Median sale price: $400,000
– Total homes sold: 1,716
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#26. Oakland, California
– Median days on market: 13
– Median sale price: $1,053,500
– Total homes sold: 2,098
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#25. Sacramento, California
– Median days on market: 13
– Median sale price: $590,000
– Total homes sold: 2,119
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#24. Canton, Ohio
– Median days on market: 12
– Median sale price: $213,000
– Total homes sold: 410
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#23. Durham, North Carolina
– Median days on market: 12
– Median sale price: $454,950
– Total homes sold: 768
Jacob Boomsma // Shutterstock
#22. Warren, Michigan
– Median days on market: 12
– Median sale price: $315,750
– Total homes sold: 2,871
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#21. Indianapolis
– Median days on market: 12
– Median sale price: $315,000
– Total homes sold: 2,912
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#20. Denver
– Median days on market: 12
– Median sale price: $599,450
– Total homes sold: 4,368
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#19. Charlottesville, Virginia
– Median days on market: 11
– Median sale price: $480,000
– Total homes sold: 317
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#18. Stockton, California
– Median days on market: 11
– Median sale price: $549,500
– Total homes sold: 494
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#17. Buffalo, New York
– Median days on market: 11
– Median sale price: $250,000
– Total homes sold: 720
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#16. Allentown, Pennsylvania
– Median days on market: 11
– Median sale price: $330,000
– Total homes sold: 812
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#15. Wichita, Kansas
– Median days on market: 11
– Median sale price: $225,000
– Total homes sold: 885
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#14. Anchorage, Alaska
– Median days on market: 10
– Median sale price: $405,000
– Total homes sold: 461
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#13. San Jose, California
– Median days on market: 10
– Median sale price: $1,650,000
– Total homes sold: 1,406
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#12. Evansville, Indiana
– Median days on market: 9
– Median sale price: $219,500
– Total homes sold: 331
Wangkun Jia // Shutterstock
#11. Albany, New York
– Median days on market: 9
– Median sale price: $325,000
– Total homes sold: 739
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#10. Olympia, Washington
– Median days on market: 8
– Median sale price: $508,000
– Total homes sold: 345
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#9. York, Pennsylvania
– Median days on market: 8
– Median sale price: $265,000
– Total homes sold: 543
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#8. Rochester, New York
– Median days on market: 8
– Median sale price: $253,375
– Total homes sold: 752
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#7. Tacoma, Washington
– Median days on market: 8
– Median sale price: $560,000
– Total homes sold: 1,011
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#6. Rockford, Illinois
– Median days on market: 7
– Median sale price: $186,500
– Total homes sold: 343
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#5. Lancaster, Pennsylvania
– Median days on market: 7
– Median sale price: $326,000
– Total homes sold: 387
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#4. Harrisburg, Pennsylvania
– Median days on market: 7
– Median sale price: $280,000
– Total homes sold: 627
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#3. Grand Rapids, Michigan
– Median days on market: 7
– Median sale price: $340,000
– Total homes sold: 1,146
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#2. Reading, Pennsylvania
– Median days on market: 6
– Median sale price: $280,000
– Total homes sold: 414
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#1. Seattle
– Median days on market: 6
– Median sale price: $860,000
– Total homes sold: 3,526
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