Homes have spent fewer and fewer days on the market over the last five years. In summer 2021āpeak season for residential real estate activityāthe typical home in the U.S. sold in just 36 days, according to data from the St. Louis Federal Reserve Bank. For comparison, the typical home took twice as long to sell in the summer of 2017.
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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To see where that may be the case, Stacker compiled a list of metros where homes are selling the fastest using data from Redfin from June 2022. Stacker looked at metros with over 300 home sales in June and ranked them by the least days listed for sale for the month. Metros with the most home sales were ranked higher in the case of ties.
Read on to see the 50 metros in the U.S. where homes are selling the fastest.
Paul Leiby // Wikimedia Commons
#50. Allentown, PA
- Median days on market: 9
- Total homes sold: 945
- Median sale price: $320,000
Pat McGinley // Shutterstock
#49. North Port, FL
- Median days on market: 9
- Total homes sold: 2,130
- Median sale price: $480,000
Ron Cogswell//Wikicommons
#48. Richmond, VA
- Median days on market: 9
- Total homes sold: 2,170
- Median sale price: $364,000
Sean Pavone // Shutterstock
#47. Manchester, NH
- Median days on market: 8
- Total homes sold: 635
- Median sale price: $443,650
Sanfranman59 // Wikimedia
#46. Wilmington, NC
- Median days on market: 8
- Total homes sold: 669
- Median sale price: $426,133
Frank K. // Wikicommons
#45. Anchorage, AK
- Median days on market: 8
- Total homes sold: 758
- Median sale price: $375,750
Sleepydre // Wikicommons
#44. Akron, OH
- Median days on market: 8
- Total homes sold: 1,063
- Median sale price: $210,000
Theresa Marconi // Wikimedia Commons
#43. Rochester, NY
- Median days on market: 8
- Total homes sold: 1,085
- Median sale price: $225,000
Canva
#42. Cleveland, OH
- Median days on market: 8
- Total homes sold: 3,021
- Median sale price: $224,950
Songquan Deng // Shutterstock
#41. Orlando, FL
- Median days on market: 8
- Total homes sold: 4,333
- Median sale price: $400,000
Sean Pavone // Shutterstock
#40. St. Louis, MO
- Median days on market: 8
- Total homes sold: 4,356
- Median sale price: $265,000
Alvesgaspar // Wikimedia
#39. Tampa, FL
- Median days on market: 8
- Total homes sold: 6,043
- Median sale price: $391,000
aka Kath // Flickr
#38. Springfield, IL
- Median days on market: 7
- Total homes sold: 321
- Median sale price: $165,500
Albert Pego // Shutterstock
#37. Burlington, VT
- Median days on market: 7
- Total homes sold: 335
- Median sale price: $449,900
Mark Lagola and Ben Lunsford // Wikimedia Commons
#36. Charlottesville, VA
- Median days on market: 7
- Total homes sold: 441
- Median sale price: $440,000
Lauram12345 // Wikicommons
#35. Eugene, OR
- Median days on market: 7
- Total homes sold: 473
- Median sale price: $460,000
User:DouglasGreen // Wikimedia
#34. Gainesville, FL
- Median days on market: 7
- Total homes sold: 492
- Median sale price: $321,250
Sue Stokes // Shutterstock
#33. Bremerton, WA
- Median days on market: 7
- Total homes sold: 513
- Median sale price: $590,000
Katherine Welles // Shutterstock
#32. Lincoln, NE
- Median days on market: 7
- Total homes sold: 542
- Median sale price: $285,000
Michlaovic // Wikimedia
#31. Jackson, MS
- Median days on market: 7
- Total homes sold: 579
- Median sale price: $263,000
FloNight // Wikimedia Commons
#30. Lexington, KY
- Median days on market: 7
- Total homes sold: 706
- Median sale price: $320,000
Billy Hathorn // Wikimedia
#29. Killeen, TX
- Median days on market: 7
- Total homes sold: 766
- Median sale price: $280,000
Joseph Sohm // Shutterstock
#28. Portland, ME
- Median days on market: 7
- Total homes sold: 861
- Median sale price: $480,000
Wangkun Jia // Shutterstock
#27. Albany, NY
- Median days on market: 7
- Total homes sold: 866
- Median sale price: $305,000
Caleb Long // Wikimedia
#26. Tulsa, OK
- Median days on market: 7
- Total homes sold: 1,405
- Median sale price: $262,201
Smallbones // Wikimedia Commons
#25. Montgomery County, PA
- Median days on market: 7
- Total homes sold: 2,832
- Median sale price: $449,950
Annette Teng // Wikimedia Commons
#24. Lynchburg, VA
- Median days on market: 6
- Total homes sold: 344
- Median sale price: $283,750
Nick Kelly / Faithlife Corporation
#23. Bellingham, WA
- Median days on market: 6
- Total homes sold: 368
- Median sale price: $615,000
SchuminWeb // Wikimedia Commons
#22. Roanoke, VA
- Median days on market: 6
- Total homes sold: 463
- Median sale price: $285,000
Nicholas // Wikimedia Commons
#21. Reading, PA
- Median days on market: 6
- Total homes sold: 495
- Median sale price: $249,900
Joe Mabel // Wikicommons
#20. Olympia, WA
- Median days on market: 6
- Total homes sold: 542
- Median sale price: $523,078
Jdcollins13 // Wikimedia Commons
#19. Jacksonville, NC
- Median days on market: 6
- Total homes sold: 677
- Median sale price: $262,500
Ron Reiring // Wikicommons
#18. Spokane, WA
- Median days on market: 6
- Total homes sold: 871
- Median sale price: $450,000
davidwilson1949 // Flickr
#17. Fayetteville, NC
- Median days on market: 6
- Total homes sold: 1,006
- Median sale price: $251,500
Brandonrush // Wikicommons
#16. Fayetteville, AR
- Median days on market: 6
- Total homes sold: 1,068
- Median sale price: $345,422
JonClee86 // Wikicommons
#15. Omaha, NE
- Median days on market: 6
- Total homes sold: 1,425
- Median sale price: $300,000
Grguy2011 // Wikimedia Commons
#14. Grand Rapids, MI
- Median days on market: 6
- Total homes sold: 1,434
- Median sale price: $310,050
lowahwyman // Wikimedia Commons
#13. Des Moines, IA
- Median days on market: 6
- Total homes sold: 1,487
- Median sale price: $285,000
SounderBruce // Wikimedia Commons
#12. Tacoma, WA
- Median days on market: 6
- Total homes sold: 1,536
- Median sale price: $565,000
Wikimedia
#11. Oklahoma City, OK
- Median days on market: 6
- Total homes sold: 2,340
- Median sale price: $260,000
Stuart Seeger // Wikicommons
#10. Portland, OR
- Median days on market: 6
- Total homes sold: 3,705
- Median sale price: $568,000
Public Domain
#9. Seattle, WA
- Median days on market: 6
- Total homes sold: 4,598
- Median sale price: $816,077
Mxobe//Wikicommons
#8. Kalamazoo, MI
- Median days on market: 5
- Total homes sold: 383
- Median sale price: $255,000
Smallbones // Wikimedia Commons
#7. Lancaster, PA
- Median days on market: 5
- Total homes sold: 583
- Median sale price: $305,000
Smallbones // Wikimedia Commons
#6. York, PA
- Median days on market: 5
- Total homes sold: 683
- Median sale price: $260,000
Rina Pitucci // Flickr
#5. Harrisburg, PA
- Median days on market: 5
- Total homes sold: 776
- Median sale price: $258,093
Kristin Nador // Flickr
#4. Wichita, KS
- Median days on market: 5
- Total homes sold: 891
- Median sale price: $230,000
Sean Pavone // Shutterstock
#3. Indianapolis, IN
- Median days on market: 5
- Total homes sold: 3,742
- Median sale price: $296,000
f11photo // Shutterstock
#2. Denver, CO
- Median days on market: 5
- Total homes sold: 5,364
- Median sale price: $610,000
Pixabay
#1. Columbia, MO
- Median days on market: 1
- Total homes sold: 338
- Median sale price: $288,875