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Homes Sell in Just 19 Days in This US City

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The housing market in the United States remains in a slump for the third year in a row. Despite a decline in mortgage rates at the end of 2023, rates remain sky high, affecting buyers across the nation. Though many hoped rates would begin to fall in recent months, the average 30-year rate soared above 7% this spring. Additionally, listing prices are unusually high. These combined factors are often quite defeating to any potential home buyer.

However, not every city is created equal when it comes to selling homes. In some regions of the U.S., the perfect mix of affordability and buyer demand make for a hot market. These cities range in location across the United States, with the bulk of them located in the Midwest.

The number of active housing listings in March 2024 was 23.5% higher compared to March last year, with listings growing for a fifth straight month, according to Realtor.com. With inventory growing, the median price of homes for sale remained nearly the same, increasing by only 0.2% compared to March 2023. However, homes spent 50 days on the market — two days shorter than last year and 12 days shorter than the average March from 2017 to 2019. And in some markets, homes are selling even faster.

To find the housing markets where homes sell the fastest, 24/7 Wall St. reviewed real estate listing website Realtor.com’s monthly inventory metro data. We only considered cities with a population of 10,000 or more. Here we listed the 46 cities where homes stayed no more than 33 days on market. Ties were broken by listing price. All housing data also came from Realtor.com. From the Census Bureau’s American Community Survey five-year estimates for 2022, we added population figures.

In the 50 largest metropolitan areas, homes spent 40 days on the market, or four days less than last March, according to Realtor.com’s March 2024 Monthly Housing Market Trends Report. In the South, with home inventory growing the most, the typical home spent the same amount of time on the market in March as last year.

The vast majority, 24 cities, are in the Midwest region, including Chicago. Nine are in Ohio, six in Wisconsin, and three in Indiana. The Northeast region is next with 10 cities on the list, including Boston and Manchester-Nashua, New Hampshire — the city where homes sell the fastest. However, the median listing price remained the same.

The West is next with seven cities, including four in California. The largest Western metro on the list is San Francisco, followed by Seattle and Denver. Finally, the South region has five cities on the list.

Why Are We Covering This

Up And Down Arrows And House On Seesaw On Wooden DeskThe housing market has been in turmoil in recent years. During the first few pandemic years, housing inventory generally dropped and home prices in many markets soared. That is, until inflation hit, and the Federal Reserve began hiking rates. The ensuing high mortgage rates inevitably had an impact on the U.S. housing market. However, city housing markets are often driven by local forces and may not necessarily follow the national pattern. Here, we highlight which markets successfully sell homes in a shorter timeframe than the national market.

46. Charleston, Illinois

Charleston, Illinois, USA.

  • Median days on market, March 2024: 33
  • Change in median days YoY: -28 days
  • Median listing price, March 2024: $128,000 (#808 highest of 822 metros)
  • Change in median list price YoY: -13.5%
  • Active listings, March 2024: 56 (12 fewer units compared to March 2023)
  • Population, 2022: 17,795

45. Dayton-Kettering, Ohio

  • Median days on market, March 2024: 33
  • Change in median days YoY: -3 days
  • Median listing price, March 2024: $229,900 (#636 highest of 822 metros)
  • Change in median list price YoY: +1.6%
  • Active listings, March 2024: 775 (108 more units compared to March 2023)
  • Population, 2022: 812,506

44. Frankfort, Indiana

  • Median days on market, March 2024: 33
  • Change in median days YoY: -23 days
  • Median listing price, March 2024: $265,000 (#530 highest of 822 metros)
  • Change in median list price YoY: +29.6%
  • Active listings, March 2024: 26 (2 more units compared to March 2023)
  • Population, 2022: 15,976

43. Chambersburg-Waynesboro, Pennsylvania

  • Median days on market, March 2024: 33
  • Change in median days YoY: -11 days
  • Median listing price, March 2024: $315,000 (#397 highest of 822 metros)
  • Change in median list price YoY: +1.1%
  • Active listings, March 2024: 179 (26 more units compared to March 2023)
  • Population, 2022: 156,084

42. Chicago-Naperville-Elgin, IL-IN-WI

  • Median days on market, March 2024: 33
  • Change in median days YoY: -7 days
  • Median listing price, March 2024: $374,900 (#269 highest of 822 metros)
  • Change in median list price YoY: +6.4%
  • Active listings, March 2024: 11,333 (942 fewer units compared to March 2023)
  • Population, 2022: 9,566,955

41. Columbia, Missouri

  • Median days on market, March 2024: 33
  • Change in median days YoY: -4 days
  • Median listing price, March 2024: $375,000 (#264 highest of 822 metros)
  • Change in median list price YoY: +2.1%
  • Active listings, March 2024: 364 (51 more units compared to March 2023)
  • Population, 2022: 211,078

40. Trenton-Princeton, New Jersey

  • Median days on market, March 2024: 33
  • Change in median days YoY: -4 days
  • Median listing price, March 2024: $399,900 (#217 highest of 822 metros)
  • Change in median list price YoY: +3.3%
  • Active listings, March 2024: 317 (15 fewer units compared to March 2023)
  • Population, 2022: 383,732

39. Modesto, California

  • Median days on market, March 2024: 33
  • Change in median days YoY: -7 days
  • Median listing price, March 2024: $519,999 (#107 highest of 822 metros)
  • Change in median list price YoY: +4.0%
  • Active listings, March 2024: 448 (85 more units compared to March 2023)
  • Population, 2022: 552,063

38. California-Lexington Park, Maryland

  • Median days on market, March 2024: 33
  • Change in median days YoY: -11 days
  • Median listing price, March 2024: $520,000 (#106 highest of 822 metros)
  • Change in median list price YoY: +7.1%
  • Active listings, March 2024: 132 (9 fewer units compared to March 2023)
  • Population, 2022: 113,814

37. Mansfield, Ohio

  • Median days on market, March 2024: 32
  • Change in median days YoY: -3 days
  • Median listing price, March 2024: $220,000 (#656 highest of 822 metros)
  • Change in median list price YoY: +37.6%
  • Active listings, March 2024: 86 (16 more units compared to March 2023)
  • Population, 2022: 125,008

36. Bloomsburg-Berwick, Pennsylvania

  • Median days on market, March 2024: 32
  • Change in median days YoY: -29 days
  • Median listing price, March 2024: $269,250 (#525 highest of 822 metros)
  • Change in median list price YoY: +8.1%
  • Active listings, March 2024: 80 (14 more units compared to March 2023)
  • Population, 2022: 83,089

35. Hastings, Nebraska

  • Median days on market, March 2024: 32
  • Change in median days YoY: -38 days
  • Median listing price, March 2024: $277,000 (#508 highest of 822 metros)
  • Change in median list price YoY: +17.5%
  • Active listings, March 2024: 31 (3 fewer units compared to March 2023)
  • Population, 2022: 25,098

34. Janesville-Beloit, Wisconsin

  • Median days on market, March 2024: 32
  • Change in median days YoY: -5 days
  • Median listing price, March 2024: $329,450 (#378 highest of 822 metros)
  • Change in median list price YoY: -0.4%
  • Active listings, March 2024: 169 (37 more units compared to March 2023)
  • Population, 2022: 163,817

33. Sheboygan, Wisconsin

  • Median days on market, March 2024: 32
  • Change in median days YoY: 0 days
  • Median listing price, March 2024: $334,900 (#360 highest of 822 metros)
  • Change in median list price YoY: -6.0%
  • Active listings, March 2024: 123 (34 fewer units compared to March 2023)
  • Population, 2022: 117,741

32. Nashville-Davidson–Murfreesboro–Franklin, Tennessee

  • Median days on market, March 2024: 32
  • Change in median days YoY: -3 days
  • Median listing price, March 2024: $558,990 (#84 highest of 822 metros)
  • Change in median list price YoY: +6.0%
  • Active listings, March 2024: 6,166 (523 more units compared to March 2023)
  • Population, 2022: 1,990,873

31. Boulder, Colorado

  • Median days on market, March 2024: 32
  • Change in median days YoY: -4 days
  • Median listing price, March 2024: $940,000 (#23 highest of 822 metros)
  • Change in median list price YoY: -2.0%
  • Active listings, March 2024: 701 (169 more units compared to March 2023)
  • Population, 2022: 328,658

30. San Diego-Chula Vista-Carlsbad, California

  • Median days on market, March 2024: 32
  • Change in median days YoY: -5 days
  • Median listing price, March 2024: $998,000 (#19 highest of 822 metros)
  • Change in median list price YoY: +5.1%
  • Active listings, March 2024: 2,611 (544 more units compared to March 2023)
  • Population, 2022: 3,289,701

29. Albany, Georgia

  • Median days on market, March 2024: 31
  • Change in median days YoY: -18 days
  • Median listing price, March 2024: $177,500 (#743 highest of 822 metros)
  • Change in median list price YoY: -11.1%
  • Active listings, March 2024: 334 (134 more units compared to March 2023)
  • Population, 2022: 147,716

28. Alpena, Michigan

  • Median days on market, March 2024: 31
  • Change in median days YoY: -61 days
  • Median listing price, March 2024: $179,900 (#741 highest of 822 metros)
  • Change in median list price YoY: -14.7%
  • Active listings, March 2024: 31 (2 more units compared to March 2023)
  • Population, 2022: 10,200

27. Springfield, Ohio

  • Median days on market, March 2024: 31
  • Change in median days YoY: -6 days
  • Median listing price, March 2024: $187,900 (#730 highest of 822 metros)
  • Change in median list price YoY: +9.2%
  • Active listings, March 2024: 95 (1 fewer units compared to March 2023)
  • Population, 2022: 135,877

26. Manitowoc, Wisconsin

  • Median days on market, March 2024: 31
  • Change in median days YoY: -5 days
  • Median listing price, March 2024: $254,900 (#556 highest of 822 metros)
  • Change in median list price YoY: +2.0%
  • Active listings, March 2024: 129 (56 more units compared to March 2023)
  • Population, 2022: 34,500

25. Wooster, Ohio

  • Median days on market, March 2024: 31
  • Change in median days YoY: +2 days
  • Median listing price, March 2024: $282,500 (#487 highest of 822 metros)
  • Change in median list price YoY: +10.3%
  • Active listings, March 2024: 57 (19 fewer units compared to March 2023)
  • Population, 2022: 27,021

24. Washington-Arlington-Alexandria, DC-VA-MD-WV

  • Median days on market, March 2024: 31
  • Change in median days YoY: -3 days
  • Median listing price, March 2024: $604,300 (#65 highest of 822 metros)
  • Change in median list price YoY: +0.8%
  • Active listings, March 2024: 6,335 (136 more units compared to March 2023)
  • Population, 2022: 6,346,083

23. New Philadelphia, Ohio

  • Median days on market, March 2024: 30
  • Change in median days YoY: -8 days
  • Median listing price, March 2024: $200,000 (#687 highest of 822 metros)
  • Change in median list price YoY: -11.1%
  • Active listings, March 2024: 77 (16 more units compared to March 2023)
  • Population, 2022: 17,602

22. Kokomo, Indiana

  • Median days on market, March 2024: 30
  • Change in median days YoY: -8 days
  • Median listing price, March 2024: $212,300 (#670 highest of 822 metros)
  • Change in median list price YoY: +48.0%
  • Active listings, March 2024: 74 (2 more units compared to March 2023)
  • Population, 2022: 83,452

21. Mount Vernon, Ohio

  • Median days on market, March 2024: 30
  • Change in median days YoY: -8 days
  • Median listing price, March 2024: $362,000 (#290 highest of 822 metros)
  • Change in median list price YoY: +14.0%
  • Active listings, March 2024: 67 (10 more units compared to March 2023)
  • Population, 2022: 16,861

20. Denver-Aurora-Lakewood, Colorado

  • Median days on market, March 2024: 30
  • Change in median days YoY: +3 days
  • Median listing price, March 2024: $619,900 (#63 highest of 822 metros)
  • Change in median list price YoY: -5.4%
  • Active listings, March 2024: 5,077 (1648 more units compared to March 2023)
  • Population, 2022: 2,959,386

19. Williamsport, Pennsylvania

  • Median days on market, March 2024: 29
  • Change in median days YoY: -39 days
  • Median listing price, March 2024: $239,900 (#601 highest of 822 metros)
  • Change in median list price YoY: +14.0%
  • Active listings, March 2024: 87 (0 fewer units compared to March 2023)
  • Population, 2022: 114,022

18. Lafayette-West Lafayette, Indiana

  • Median days on market, March 2024: 29
  • Change in median days YoY: -9 days
  • Median listing price, March 2024: $329,950 (#371 highest of 822 metros)
  • Change in median list price YoY: +14.2%
  • Active listings, March 2024: 145 (33 more units compared to March 2023)
  • Population, 2022: 224,515

17. Hutchinson, Minnesota

Hutchinson+Minnesota | Hutchinson, Minnesota
  • Median days on market, March 2024: 29
  • Change in median days YoY: -10 days
  • Median listing price, March 2024: $339,900 (#347 highest of 822 metros)
  • Change in median list price YoY: -2.5%
  • Active listings, March 2024: 31 (6 more units compared to March 2023)
  • Population, 2022: 14,588

16. Oshkosh-Neenah, Wisconsin

  • Median days on market, March 2024: 29
  • Change in median days YoY: -17 days
  • Median listing price, March 2024: $349,500 (#328 highest of 822 metros)
  • Change in median list price YoY: -6.4%
  • Active listings, March 2024: 115 (23 more units compared to March 2023)
  • Population, 2022: 171,197

15. Milwaukee-Waukesha, Wisconsin

  • Median days on market, March 2024: 29
  • Change in median days YoY: -4 days
  • Median listing price, March 2024: $365,000 (#284 highest of 822 metros)
  • Change in median list price YoY: -0.3%
  • Active listings, March 2024: 2,173 (196 more units compared to March 2023)
  • Population, 2022: 1,568,940

14. Watertown, Wisconsin

  • Median days on market, March 2024: 29
  • Change in median days YoY: -11 days
  • Median listing price, March 2024: $369,450 (#277 highest of 822 metros)
  • Change in median list price YoY: +4.8%
  • Active listings, March 2024: 105 (6 more units compared to March 2023)
  • Population, 2022: 22,978

13. Columbus, Ohio

  • Median days on market, March 2024: 29
  • Change in median days YoY: -1 days
  • Median listing price, March 2024: $379,900 (#254 highest of 822 metros)
  • Change in median list price YoY: +0.8%
  • Active listings, March 2024: 1,927 (323 more units compared to March 2023)
  • Population, 2022: 2,137,223

12. Concord, New Hampshire

  • Median days on market, March 2024: 29
  • Change in median days YoY: -6 days
  • Median listing price, March 2024: $569,950 (#80 highest of 822 metros)
  • Change in median list price YoY: +11.8%
  • Active listings, March 2024: 114 (31 more units compared to March 2023)
  • Population, 2022: 44,049

11. Seattle-Tacoma-Bellevue, Washington

  • Median days on market, March 2024: 29
  • Change in median days YoY: -3 days
  • Median listing price, March 2024: $767,875 (#34 highest of 822 metros)
  • Change in median list price YoY: -2.7%
  • Active listings, March 2024: 3,737 (631 more units compared to March 2023)
  • Population, 2022: 4,001,701

10. Winchester, VA-WV

  • Median days on market, March 2024: 28
  • Change in median days YoY: -20 days
  • Median listing price, March 2024: $450,000 (#155 highest of 822 metros)
  • Change in median list price YoY: +7.2%
  • Active listings, March 2024: 218 (21 fewer units compared to March 2023)
  • Population, 2022: 143,385

9. Springfield, Massachusetts

  • Median days on market, March 2024: 27
  • Change in median days YoY: -8 days
  • Median listing price, March 2024: $350,000 (#311 highest of 822 metros)
  • Change in median list price YoY: +1.2%
  • Active listings, March 2024: 382 (44 fewer units compared to March 2023)
  • Population, 2022: 689,486

8. San Francisco-Oakland-Berkeley, California

  • Median days on market, March 2024: 27
  • Change in median days YoY: -7 days
  • Median listing price, March 2024: $999,000 (#17 highest of 822 metros)
  • Change in median list price YoY: -7.6%
  • Active listings, March 2024: 3,587 (424 more units compared to March 2023)
  • Population, 2022: 4,692,242

7. Defiance, Ohio

  • Median days on market, March 2024: 25
  • Change in median days YoY: -13 days
  • Median listing price, March 2024: $199,950 (#693 highest of 822 metros)
  • Change in median list price YoY: +8.2%
  • Active listings, March 2024: 25 (11 fewer units compared to March 2023)
  • Population, 2022: 16,852

6. Boston-Cambridge-Newton, MA-NH

  • Median days on market, March 2024: 24
  • Change in median days YoY: -4 days
  • Median listing price, March 2024: $879,950 (#25 highest of 822 metros)
  • Change in median list price YoY: +6.9%
  • Active listings, March 2024: 3,737 (32 more units compared to March 2023)
  • Population, 2022: 4,912,449

5. Worcester, MA-CT

  • Median days on market, March 2024: 23
  • Change in median days YoY: -8 days
  • Median listing price, March 2024: $499,999 (#117 highest of 822 metros)
  • Change in median list price YoY: +1.4%
  • Active listings, March 2024: 640 (58 more units compared to March 2023)
  • Population, 2022: 975,551

4. Rochester, New York

  • Median days on market, March 2024: 22
  • Change in median days YoY: -2 days
  • Median listing price, March 2024: $279,900 (#495 highest of 822 metros)
  • Change in median list price YoY: +8.7%
  • Active listings, March 2024: 666 (28 fewer units compared to March 2023)
  • Population, 2022: 1,086,859

3. San Jose-Sunnyvale-Santa Clara, California

  • Median days on market, March 2024: 22
  • Change in median days YoY: -5 days
  • Median listing price, March 2024: $1,481,397 (#8 highest of 822 metros)
  • Change in median list price YoY: -0.9%
  • Active listings, March 2024: 889 (19 more units compared to March 2023)
  • Population, 2022: 1,981,584

2. Ashland, Ohio

  • Median days on market, March 2024: 20
  • Change in median days YoY: -16 days
  • Median listing price, March 2024: $295,000 (#456 highest of 822 metros)
  • Change in median list price YoY: +38.9%
  • Active listings, March 2024: 32 (2 fewer units compared to March 2023)
  • Population, 2022: 19,270

1. Manchester-Nashua, New Hampshire

  • Median days on market, March 2024: 19
  • Change in median days YoY: -9 days
  • Median listing price, March 2024: $549,900 (#88 highest of 822 metros)
  • Change in median list price YoY: 0.0%
  • Active listings, March 2024: 209 (25 fewer units compared to March 2023)
  • Population, 2022: 422,733

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The post Homes Sell in Just 19 Days in This US City appeared first on 24/7 Wall St..


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