This is where homes are selling the fastest right now

Published 10:50 pm Monday, January 23, 2023

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This is where homes are selling the fastest right now

Homes have spent fewer and fewer days on the market over the past five years.

In summer 2021—peak season for residential real estate activity—the typical home in the U.S. sold in just 36 days, according to data from the St. Louis Federal Reserve Bank. The typical home took twice as long to sell in summer 2017. In November, the median number of days a home spent on the market was 37, about two weeks slower compared to the year before.

At a local level, a property that sits on the market for longer than the median length of time could signal to would-be buyers that there is something undesirable about the listing. When homes sell faster it can also be a sign that any given market is less buyer-friendly.

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Stacker compiled a list of metros where homes are selling the fastest using data from Redfin. Metros are ranked by the least days listed for sale for the month of November and ties are broken by the highest November home sales. Metros with over 300 home sales in November were included.

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Carol Ann Mossa // Shutterstock

#50. Punta Gorda, FL metro area

– Median days on market: 31
– Total homes sold: 348
– Median sale price: $365,000

PhotosByMahin // Pixabay

#49. Detroit, MI metro area

– Median days on market: 31
– Total homes sold: 1,492
– Median sale price: $163,000

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#48. Cleveland, OH metro area

– Median days on market: 31
– Total homes sold: 2,069
– Median sale price: $192,500

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#47. Seattle, WA metro area

– Median days on market: 31
– Total homes sold: 2,162
– Median sale price: $700,000

ajay_suresh // Wikimedia Commons

#46. Warren, MI metro area

– Median days on market: 31
– Total homes sold: 2,357
– Median sale price: $259,900

Alycat // Wikimedia Commons

#45. Canton, OH metro area

– Median days on market: 30
– Total homes sold: 356
– Median sale price: $175,000

spablab // Flickr

#44. Providence, RI metro area

– Median days on market: 30
– Total homes sold: 1,360
– Median sale price: $405,000

ktr101 // Wikimedia

#43. Barnstable Town, MA metro area

– Median days on market: 29
– Total homes sold: 354
– Median sale price: $595,000

Sleepydre // Wikicommons

#42. Akron, OH metro area

– Median days on market: 29
– Total homes sold: 664
– Median sale price: $174,700

Chris Watson // Wikicommons

#41. Louisville, KY metro area

– Median days on market: 29
– Total homes sold: 1,138
– Median sale price: $240,000

Altairisfar // Wikicommons

#40. Mobile, AL metro area

– Median days on market: 28
– Total homes sold: 303
– Median sale price: $199,000

Woodlot // Wikimedia

#39. Gulfport, MS metro area

– Median days on market: 28
– Total homes sold: 417
– Median sale price: $225,000

lowahwyman // Wikimedia Commons

#38. Des Moines, IA metro area

– Median days on market: 28
– Total homes sold: 777
– Median sale price: $265,000

Sanibel Sun // WikiCommons

#37. Cape Coral, FL metro area

– Median days on market: 28
– Total homes sold: 1,400
– Median sale price: $384,945

Sean Pavone // Shutterstock

#36. St. Louis, MO metro area

– Median days on market: 28
– Total homes sold: 2,693
– Median sale price: $230,000

FloNight // Wikimedia Commons

#35. Lexington, KY metro area

– Median days on market: 27
– Total homes sold: 413
– Median sale price: $285,000

Joseph Sohm // Shutterstock

#34. Portland, ME metro area

– Median days on market: 27
– Total homes sold: 495
– Median sale price: $430,000

Epccedu // Wikimedia Commons

#33. El Paso, TX metro area

– Median days on market: 27
– Total homes sold: 726
– Median sale price: $246,000

Sherry V Smith // Shutterstock

#32. Virginia Beach, VA metro area

– Median days on market: 27
– Total homes sold: 1,936
– Median sale price: $309,450

JamesPatrick.pro // Shutterstock

#31. Davenport, IA metro area

– Median days on market: 26
– Total homes sold: 356
– Median sale price: $156,000

Doug Kerr // Wikimedia Commons

#30. Syracuse, NY metro area

– Median days on market: 26
– Total homes sold: 552
– Median sale price: $186,000

Caleb Long // Wikimedia

#29. Tulsa, OK metro area

– Median days on market: 26
– Total homes sold: 956
– Median sale price: $235,000

Smallbones // Wikimedia Commons

#28. Montgomery County, PA metro area

– Median days on market: 26
– Total homes sold: 1,588
– Median sale price: $411,000

John Phelan // Wikimedia Commons

#27. Springfield, MA metro area

– Median days on market: 25
– Total homes sold: 522
– Median sale price: $295,250

Wikimedia Commons

#26. Oklahoma City, OK metro area

– Median days on market: 25
– Total homes sold: 1,467
– Median sale price: $235,000

Sean Pavone // Shutterstock

#25. Boston, MA metro area

– Median days on market: 25
– Total homes sold: 3,253
– Median sale price: $604,800

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#24. Worcester, MA metro area

– Median days on market: 24
– Total homes sold: 881
– Median sale price: $389,900

Frank K. // Wikicommons

#23. Anchorage, AK metro area

– Median days on market: 23
– Total homes sold: 363
– Median sale price: $350,000

Brandonrush // Wikicommons

#22. Fayetteville, AR metro area

– Median days on market: 23
– Total homes sold: 744
– Median sale price: $332,843

Michlaovic // Wikimedia

#21. Jackson, MS metro area

– Median days on market: 22
– Total homes sold: 394
– Median sale price: $239,450

Sean Pavone // Shutterstock

#20. Indianapolis, IN metro area

– Median days on market: 22
– Total homes sold: 2,257
– Median sale price: $270,000

Sanfranman59 // Wikimedia

#19. Wilmington, NC metro area

– Median days on market: 21
– Total homes sold: 461
– Median sale price: $405,000

Alexbaumgarner // Wikimedia

#18. Rockford, IL metro area

– Median days on market: 20
– Total homes sold: 309
– Median sale price: $161,000

Wangkun Jia // Shutterstock

#17. Albany, NY metro area

– Median days on market: 20
– Total homes sold: 746
– Median sale price: $280,000

JonClee86 // Wikicommons

#16. Omaha, NE metro area

– Median days on market: 20
– Total homes sold: 847
– Median sale price: $265,000

Diego Delso // Wikimedia Commons

#15. Fort Wayne, IN metro area

– Median days on market: 19
– Total homes sold: 395
– Median sale price: $210,000

Paul Leiby // Wikimedia Commons

#14. Allentown, PA metro area

– Median days on market: 19
– Total homes sold: 722
– Median sale price: $280,000

Ron Cogswell//Wikicommons

#13. Richmond, VA metro area

– Median days on market: 19
– Total homes sold: 1,222
– Median sale price: $345,000

Smallbones // Wikimedia Commons

#12. Scranton, PA metro area

– Median days on market: 18
– Total homes sold: 410
– Median sale price: $169,575

Jose Kevo // Wikicommons

#11. Springfield, MO metro area

– Median days on market: 18
– Total homes sold: 475
– Median sale price: $234,995

Grguy2011 // Wikimedia Commons

#10. Grand Rapids, MI metro area

– Median days on market: 17
– Total homes sold: 847
– Median sale price: $270,000

davidwilson1949 // Flickr

#9. Fayetteville, NC metro area

– Median days on market: 16
– Total homes sold: 698
– Median sale price: $249,000

Jdcollins13 // Wikimedia Commons

#8. Jacksonville, NC metro area

– Median days on market: 15
– Total homes sold: 400
– Median sale price: $252,000

Smallbones // Wikimedia Commons

#7. York, PA metro area

– Median days on market: 15
– Total homes sold: 432
– Median sale price: $249,900

Kristin Nador // Flickr

#6. Wichita, KS metro area

– Median days on market: 14
– Total homes sold: 567
– Median sale price: $220,000

Stephen Zimmermann // Wikimedia Commons

#5. Buffalo, NY metro area

– Median days on market: 14
– Total homes sold: 925
– Median sale price: $215,000

Nicholas // Wikimedia Commons

#4. Reading, PA metro area

– Median days on market: 12
– Total homes sold: 359
– Median sale price: $230,000

Smallbones // Wikimedia Commons

#3. Lancaster, PA metro area

– Median days on market: 11
– Total homes sold: 410
– Median sale price: $290,102

Rina Pitucci // Flickr

#2. Harrisburg, PA metro area

– Median days on market: 11
– Total homes sold: 537
– Median sale price: $247,000

Theresa Marconi // Wikimedia Commons

#1. Rochester, NY metro area

– Median days on market: 11
– Total homes sold: 934
– Median sale price: $200,000