The 50 places where homes are taking the longest to sell
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 April, the median number of days a home spent on the market was 36, more than two weeks longer than 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 April, with the metros with the most home sales being ranked higher in cases of ties. Metros with over 300 home sales were included.
#50. Lafayette, Louisiana
- Median days on market: 42
- Total homes sold: 327
- Median sale price: $230,000
#49. Hagerstown, Maryland
- Median days on market: 42
- Total homes sold: 332
- Median sale price: $290,000
#48. Daphne, Alabama
- Median days on market: 42
- Total homes sold: 529
- Median sale price: $401,852
#47. Madison, Wisconsin
- Median days on market: 42
- Total homes sold: 545
- Median sale price: $395,000
#46. New Haven, Connecticut
- Median days on market: 42
- Total homes sold: 622
- Median sale price: $315,857
#45. Hickory, North Carolina
- Median days on market: 43
- Total homes sold: 324
- Median sale price: $259,000
#44. Birmingham, Alabama
- Median days on market: 43
- Total homes sold: 1,081
- Median sale price: $285,000
#43. Knoxville, Tennessee
- Median days on market: 44
- Total homes sold: 919
- Median sale price: $349,900
#42. Raleigh, North Carolina
- Median days on market: 44
- Total homes sold: 1,904
- Median sale price: $432,000
#41. New Brunswick, New Jersey
- Median days on market: 45
- Total homes sold: 1,937
- Median sale price: $461,500
#40. Riverside, California
- Median days on market: 45
- Total homes sold: 3,565
- Median sale price: $545,000
#39. Reno, Nevada
- Median days on market: 46
- Total homes sold: 471
- Median sale price: $500,000
#38. Lake County, Illinois
- Median days on market: 47
- Total homes sold: 794
- Median sale price: $339,950
#37. Ocala, Florida
- Median days on market: 47
- Total homes sold: 890
- Median sale price: $273,900
#36. Montgomery, Alabama
- Median days on market: 48
- Total homes sold: 363
- Median sale price: $220,000
#35. Asheville, North Carolina
- Median days on market: 48
- Total homes sold: 544
- Median sale price: $419,500
#34. Spartanburg, South Carolina
- Median days on market: 49
- Total homes sold: 383
- Median sale price: $279,900
#33. Elgin, Illinois
- Median days on market: 49
- Total homes sold: 689
- Median sale price: $325,000
#32. Deltona, Florida
- Median days on market: 49
- Total homes sold: 1,331
- Median sale price: $343,000
#31. Pittsburgh, Pennsylvania
- Median days on market: 49
- Total homes sold: 1,796
- Median sale price: $215,000
#30. Clarksville, Tennessee
- Median days on market: 50
- Total homes sold: 434
- Median sale price: $309,450
#29. Pensacola, Florida
- Median days on market: 50
- Total homes sold: 752
- Median sale price: $329,900
#28. Tucson, Arizona
- Median days on market: 50
- Total homes sold: 1,305
- Median sale price: $350,000
#27. San Antonio, Texas
- Median days on market: 50
- Total homes sold: 2,556
- Median sale price: $320,604
#26. Tallahassee, Florida
- Median days on market: 51
- Total homes sold: 402
- Median sale price: $276,700
#25. Nashville, Tennessee
- Median days on market: 51
- Total homes sold: 2,584
- Median sale price: $435,000
#24. Las Vegas, Nevada
- Median days on market: 51
- Total homes sold: 2,595
- Median sale price: $400,000
#23. Phoenix, Arizona
- Median days on market: 51
- Total homes sold: 6,071
- Median sale price: $439,080
#22. Chicago, Illinois
- Median days on market: 51
- Total homes sold: 6,605
- Median sale price: $320,000
#21. McAllen, Texas
- Median days on market: 52
- Total homes sold: 322
- Median sale price: $231,000
#20. Huntsville, Alabama
- Median days on market: 52
- Total homes sold: 773
- Median sale price: $322,990
#19. Greenville, South Carolina
- Median days on market: 52
- Total homes sold: 963
- Median sale price: $315,000
#18. Charleston, South Carolina
- Median days on market: 52
- Total homes sold: 1,371
- Median sale price: $426,500
#17. Austin, Texas
- Median days on market: 53
- Total homes sold: 2,467
- Median sale price: $470,000
#16. Jacksonville, Florida
- Median days on market: 54
- Total homes sold: 2,440
- Median sale price: $350,000
#15. Salem, Oregon
- Median days on market: 55
- Total homes sold: 327
- Median sale price: $439,000
#14. Panama City, Florida
- Median days on market: 56
- Total homes sold: 469
- Median sale price: $370,000
#13. Fort Lauderdale, Florida
- Median days on market: 56
- Total homes sold: 2,527
- Median sale price: $415,000
#12. New Orleans, Louisiana
- Median days on market: 57
- Total homes sold: 995
- Median sale price: $276,000
#11. Prescott Valley, Arizona
- Median days on market: 60
- Total homes sold: 300
- Median sale price: $525,675
#10. Port St. Lucie, Florida
- Median days on market: 60
- Total homes sold: 1,018
- Median sale price: $385,000
#9. Miami, Florida
- Median days on market: 60
- Total homes sold: 2,367
- Median sale price: $500,000
#8. Poughkeepsie, New York
- Median days on market: 61
- Total homes sold: 400
- Median sale price: $375,000
#7. Palm Bay, Florida
- Median days on market: 61
- Total homes sold: 1,121
- Median sale price: $353,165
#6. West Palm Beach, Florida
- Median days on market: 62
- Total homes sold: 2,517
- Median sale price: $450,000
#5. Honolulu, Hawaii
- Median days on market: 64
- Total homes sold: 647
- Median sale price: $675,000
#4. Sebastian, Florida
- Median days on market: 75
- Total homes sold: 344
- Median sale price: $370,000
#3. New York, New York
- Median days on market: 78
- Total homes sold: 3,940
- Median sale price: $666,500
#2. Myrtle Beach, South Carolina
- Median days on market: 82
- Total homes sold: 1,694
- Median sale price: $329,950
#1. Fort Smith, Arkansas
- Median days on market: 134
- Total homes sold: 388
- Median sale price: $170,000
