The 50 places where homes are taking the longest to sell
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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 and slowest in the winter. But things are more muted in 2023 as high home prices and mortgage interest rates spook potential buyers. In May, the median number of days a home spent on the market was 31, two weeks longer compared to 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 May, 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. Madison, Wisconsin
– Median days on market: 39
– Total homes sold: 711
– Median sale price: $396,000
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#49. Gary, Indiana
– Median days on market: 39
– Total homes sold: 768
– Median sale price: $253,250
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#48. Ocala, Florida
– Median days on market: 39
– Total homes sold: 991
– Median sale price: $270,000
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#47. Charlotte, North Carolina
– Median days on market: 39
– Total homes sold: 3,719
– Median sale price: $395,000
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#46. Greeley, Colorado
– Median days on market: 40
– Total homes sold: 523
– Median sale price: $496,512
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#45. Raleigh, North Carolina
– Median days on market: 40
– Total homes sold: 2,094
– Median sale price: $440,000
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#44. Prescott Valley, Arizona
– Median days on market: 41
– Total homes sold: 363
– Median sale price: $525,000
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#43. Spartanburg, South Carolina
– Median days on market: 41
– Total homes sold: 463
– Median sale price: $291,108
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#42. Daphne, Alabama
– Median days on market: 41
– Total homes sold: 608
– Median sale price: $390,000
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#41. New Brunswick, New Jersey
– Median days on market: 41
– Total homes sold: 2,292
– Median sale price: $479,000
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#40. Riverside, California
– Median days on market: 41
– Total homes sold: 4,249
– Median sale price: $550,000
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#39. San Antonio
– Median days on market: 42
– Total homes sold: 3,070
– Median sale price: $325,000
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#38. Hickory, North Carolina
– Median days on market: 43
– Total homes sold: 366
– Median sale price: $276,500
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#37. Poughkeepsie, New York
– Median days on market: 43
– Total homes sold: 485
– Median sale price: $390,000
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#36. Knoxville, Tennessee
– Median days on market: 43
– Total homes sold: 1,161
– Median sale price: $369,950
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#35. Birmingham, Alabama
– Median days on market: 43
– Total homes sold: 1,337
– Median sale price: $299,950
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#34. Asheville, North Carolina
– Median days on market: 44
– Total homes sold: 648
– Median sale price: $440,000
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#33. Elgin, Illinois
– Median days on market: 44
– Total homes sold: 812
– Median sale price: $328,995
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#32. Las Vegas
– Median days on market: 44
– Total homes sold: 3,138
– Median sale price: $412,995
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#31. Lake County, Illinois
– Median days on market: 45
– Total homes sold: 969
– Median sale price: $340,000
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#30. Deltona, Florida
– Median days on market: 45
– Total homes sold: 1,536
– Median sale price: $350,000
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#29. Jacksonville, Florida
– Median days on market: 45
– Total homes sold: 2,770
– Median sale price: $365,000
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#28. Nashville, Tennessee
– Median days on market: 45
– Total homes sold: 3,246
– Median sale price: $449,000
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#27. Green Bay, Wisconsin
– Median days on market: 46
– Total homes sold: 303
– Median sale price: $286,500
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#26. Kingsport, Tennessee
– Median days on market: 46
– Total homes sold: 323
– Median sale price: $250,000
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#25. Greenville, South Carolina
– Median days on market: 47
– Total homes sold: 1,303
– Median sale price: $325,000
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#24. Montgomery, Alabama
– Median days on market: 48
– Total homes sold: 452
– Median sale price: $245,368
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#23. Clarksville, Tennessee
– Median days on market: 48
– Total homes sold: 577
– Median sale price: $309,450
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#22. Pittsburgh
– Median days on market: 48
– Total homes sold: 2,079
– Median sale price: $225,000
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#21. Chicago
– Median days on market: 48
– Total homes sold: 7,747
– Median sale price: $330,000
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#20. Tallahassee, Florida
– Median days on market: 49
– Total homes sold: 473
– Median sale price: $299,900
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#19. Huntsville, Alabama
– Median days on market: 49
– Total homes sold: 836
– Median sale price: $330,000
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#18. Tucson, Arizona
– Median days on market: 49
– Total homes sold: 1,408
– Median sale price: $370,000
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#17. Austin, Texas
– Median days on market: 49
– Total homes sold: 3,217
– Median sale price: $468,250
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#16. Phoenix
– Median days on market: 49
– Total homes sold: 7,388
– Median sale price: $449,900
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#15. Sioux Falls, South Dakota
– Median days on market: 50
– Total homes sold: 359
– Median sale price: $326,000
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#14. Panama City, Florida
– Median days on market: 50
– Total homes sold: 518
– Median sale price: $375,000
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#13. Pensacola, Florida
– Median days on market: 51
– Total homes sold: 968
– Median sale price: $336,859
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#12. Fort Lauderdale, Florida
– Median days on market: 52
– Total homes sold: 2,878
– Median sale price: $420,000
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#11. Charleston, South Carolina
– Median days on market: 54
– Total homes sold: 1,528
– Median sale price: $439,950
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#10. New Orleans
– Median days on market: 55
– Total homes sold: 1,200
– Median sale price: $292,750
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#9. Port St. Lucie, Florida
– Median days on market: 59
– Total homes sold: 1,023
– Median sale price: $395,000
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#8. Palm Bay, Florida
– Median days on market: 59
– Total homes sold: 1,217
– Median sale price: $353,230
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#7. Miami
– Median days on market: 60
– Total homes sold: 2,477
– Median sale price: $520,000
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#6. McAllen, Texas
– Median days on market: 61
– Total homes sold: 375
– Median sale price: $250,000
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#5. West Palm Beach, Florida
– Median days on market: 61
– Total homes sold: 2,804
– Median sale price: $470,000
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#4. Honolulu
– Median days on market: 62
– Total homes sold: 703
– Median sale price: $708,500
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#3. New York
– Median days on market: 63
– Total homes sold: 4,910
– Median sale price: $700,000
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#2. Sebastian, Florida
– Median days on market: 71
– Total homes sold: 424
– Median sale price: $380,000
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#1. Myrtle Beach, South Carolina
– Median days on market: 75
– Total homes sold: 1,932
– Median sale price: $342,538
Data reporting by Elena Cox. Story editing by Jeff Inglis. Copy editing by Paris Close.
