When you’re in the market for a new home, steep competition is the last thing you want. Prospective buyers are facing a particularly tight real estate market right now, thanks to heightened demand combined with low supply due to recent interest rate hikes.
April is usually the kickoff to spring homebuying season, but fewer sellers than usual are listing their homes.
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There are about 20% fewer homes being put on the market compared to the same time last year, according to Realtor.com data. Still, not all local markets are feeling the squeeze — there are a few with higher numbers of homes for sale.
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Stacker used data from Realtor.com to find out which metropolitan areas had the most homes for sale in April. Rankings were determined by the number of homes for sale per 10,000 residents. In the event of a tie, the total number of homes for sale was used. To be included, each metro had to have at least 75,000 residents. Metros include the main city as well as surrounding towns and suburbs.
Many of these metropolitan areas spiked in popularity during the COVID-19 pandemic, sending prices sky-high and out of reach for many local buyers. Many builders also started constructing new homes in these areas, creating more new properties coming onto the market than in other parts of the U.S.
Read through the full list below to find out which metropolitan areas have the greatest supply of homes for buyers right now.
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#35. East Stroudsburg, Pennsylvania
- Active listings per 10,000 residents: 35
- Total active listings: 581
- New listings in April: 312
- Median list price: $350,000
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#34. Bend, Oregon
- Active listings per 10,000 residents: 35
- Total active listings: 679
- New listings in April: 376
- Median list price: $699,900
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#33. Lake Charles, Louisiana
- Active listings per 10,000 residents: 37
- Total active listings: 811
- New listings in April: 268
- Median list price: $235,000
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#32. Lakeland, Florida
- Active listings per 10,000 residents: 38
- Total active listings: 2,680
- New listings in April: 1,532
- Median list price: $349,500
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#31. Prescott Valley, Arizona
- Active listings per 10,000 residents: 38
- Total active listings: 892
- New listings in April: 472
- Median list price: $649,263
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#30. Miami
- Active listings per 10,000 residents: 38
- Total active listings: 23,341
- New listings in April: 9,352
- Median list price: $605,000
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#29. Bozeman, Montana
- Active listings per 10,000 residents: 39
- Total active listings: 456
- New listings in April: 196
- Median list price: $1,287,500
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#28. Coeur d'Alene, Idaho
- Active listings per 10,000 residents: 41
- Total active listings: 689
- New listings in April: 380
- Median list price: $720,900
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#27. Hilton Head Island, South Carolina
- Active listings per 10,000 residents: 42
- Total active listings: 898
- New listings in April: 668
- Median list price: $647,500
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#26. Sioux Falls, South Dakota
- Active listings per 10,000 residents: 42
- Total active listings: 1,154
- New listings in April: 440
- Median list price: $368,000
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#25. Iowa City, Iowa
- Active listings per 10,000 residents: 43
- Total active listings: 755
- New listings in April: 232
- Median list price: $354,900
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#24. Lake Havasu City, Arizona
- Active listings per 10,000 residents: 46
- Total active listings: 964
- New listings in April: 416
- Median list price: $417,000
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#23. Hot Springs, Arkansas
- Active listings per 10,000 residents: 46
- Total active listings: 462
- New listings in April: 200
- Median list price: $325,000
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#22. Kalispell, Montana
- Active listings per 10,000 residents: 48
- Total active listings: 500
- New listings in April: 220
- Median list price: $842,500
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#21. Sebring, Florida
- Active listings per 10,000 residents: 49
- Total active listings: 492
- New listings in April: 220
- Median list price: $295,000
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#20. Port St. Lucie, Florida
- Active listings per 10,000 residents: 49
- Total active listings: 2,359
- New listings in April: 1,112
- Median list price: $469,000
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#19. Deltona, Florida
- Active listings per 10,000 residents: 49
- Total active listings: 3,241
- New listings in April: 1,616
- Median list price: $399,900
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#18. Homosassa Springs, Florida
- Active listings per 10,000 residents: 55
- Total active listings: 832
- New listings in April: 400
- Median list price: $325,000
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#17. Ocala, Florida
- Active listings per 10,000 residents: 56
- Total active listings: 2,065
- New listings in April: 940
- Median list price: $304,500
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#16. North Port, Florida
- Active listings per 10,000 residents: 57
- Total active listings: 4,700
- New listings in April: 2,624
- Median list price: $549,900
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#15. Sebastian, Florida
- Active listings per 10,000 residents: 64
- Total active listings: 1,008
- New listings in April: 360
- Median list price: $446,000
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#14. Athens, Texas
- Active listings per 10,000 residents: 66
- Total active listings: 538
- New listings in April: 192
- Median list price: $390,000
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#13. St. George, Utah
- Active listings per 10,000 residents: 70
- Total active listings: 1,230
- New listings in April: 476
- Median list price: $675,000
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#12. Daphne, Alabama
- Active listings per 10,000 residents: 71
- Total active listings: 1,602
- New listings in April: 872
- Median list price: $512,900
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#11. Cape Coral, Florida
- Active listings per 10,000 residents: 73
- Total active listings: 5,502
- New listings in April: 2,560
- Median list price: $499,000
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#10. Ocean City, New Jersey
- Active listings per 10,000 residents: 75
- Total active listings: 714
- New listings in April: 268
- Median list price: $899,900
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#9. Sevierville, Tennessee
- Active listings per 10,000 residents: 78
- Total active listings: 766
- New listings in April: 312
- Median list price: $749,900
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#8. Myrtle Beach, South Carolina
- Active listings per 10,000 residents: 81
- Total active listings: 3,857
- New listings in April: 1,932
- Median list price: $367,500
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#7. Panama City, Florida
- Active listings per 10,000 residents: 82
- Total active listings: 1,488
- New listings in April: 640
- Median list price: $459,000
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#6. Glenwood Springs, Colorado
- Active listings per 10,000 residents: 86
- Total active listings: 677
- New listings in April: 104
- Median list price: $1,800,000
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#5. Naples, Florida
- Active listings per 10,000 residents: 86
- Total active listings: 3,217
- New listings in April: 1,220
- Median list price: $899,000
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#4. Crestview, Florida
- Active listings per 10,000 residents: 87
- Total active listings: 2,470
- New listings in April: 1,012
- Median list price: $699,900
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#3. Punta Gorda, Florida
- Active listings per 10,000 residents: 96
- Total active listings: 1,767
- New listings in April: 804
- Median list price: $431,500
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#2. Key West, Florida
- Active listings per 10,000 residents: 100
- Total active listings: 826
- New listings in April: 200
- Median list price: $1,499,000
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#1. Heber, Utah
- Active listings per 10,000 residents: 117
- Total active listings: 894
- New listings in April: 232
- Median list price: $1,499,250
Story editing by Jeff Inglis. Copy editing by Tim Bruns.
