Home sales in the U.S. have had their ups and downs throughout the year, typically peaking in the summer and slowing down in the winter. However, factors such as high home prices and mortgage interest rates of late are deterring many potential buyers from entering the buy and sell market.
According to according to Stacker, the median duration for a home to remain on the market was 49 days, which is three days longer than the previous year. Fast home sales can suggest a less favorable environment for buyers, demanding quick decision-making.
Buy/sell, rent/lease residential &
commercials real estate properties.
Stacker recently compiled a list of metropolitan areas where homes sold most the fastest in January, utilizing data sourced from Redfin. These areas, which include the main city and its surrounding suburbs, were ranked based on the median number of days homes were listed before being sold.
In cases of ties, priority was given to metros with higher overall home sales. Only areas with over 300 home sales were considered for inclusion in the analysis. See below the Top 50 list of the cities where homes sold the fastest.
Portland, Oregan (AP Photo/Don Ryan, File)AP
#50. Portland, Maine
– Median days on market: 39
– Median sale price: $512,000
– Total homes sold: 379
#49. Akron, Ohio
– Median days on market: 39
– Median sale price: $195,000
– Total homes sold: 477
#48. Tulsa, Oklahoma
– Median days on market: 39
– Median sale price: $240,000
– Total homes sold: 749
#47. Hartford, Connecticut
– Median days on market: 39
– Median sale price: $325,000
– Total homes sold: 804
#46. Cleveland, Ohio
– Median days on market: 39
– Median sale price: $185,750
– Total homes sold: 1,466
#45. Bakersfield, California
– Median days on market: 38
– Median sale price: $355,000
– Total homes sold: 514
#44. Fayetteville, Arkansas
– Median days on market: 38
– Median sale price: $340,900
– Total homes sold: 556
#43. Indianapolis
– Median days on market: 38
– Median sale price: $279,900
– Total homes sold: 1,625
#42. Dayton, Ohio
– Median days on market: 37
– Median sale price: $183,250
– Total homes sold: 584
#41. St. Louis
– Median days on market: 37
– Median sale price: $229,000
– Total homes sold: 2,006
File photo of the Flint River in Flint, Mich. (AP Photo/Carlos Osorio, File)AP
#40. Flint, Michigan
– Median days on market: 36
– Median sale price: $170,000
– Total homes sold: 326
#39. Wilmington, North Carolina
– Median days on market: 36
– Median sale price: $416,500
– Total homes sold: 343
#38. Stockton, California
– Median days on market: 36
– Median sale price: $515,000
– Total homes sold: 367
#37. Frederick, Maryland
– Median days on market: 36
– Median sale price: $495,242
– Total homes sold: 613
Seattle, Washington. (AP Photo/Ted S. Warren)AP
#36. Seattle
– Median days on market: 36
– Median sale price: $749,000
– Total homes sold: 1,668
#35. Detroit
– Median days on market: 35
– Median sale price: $170,000
– Total homes sold: 1,165
#34. Baltimore
– Median days on market: 35
– Median sale price: $350,000
– Total homes sold: 1,793
#33. Fresno, California
– Median days on market: 34
– Median sale price: $395,000
– Total homes sold: 408
#32. Fayetteville, North Carolina
– Median days on market: 34
– Median sale price: $270,000
– Total homes sold: 536
#31. Sacramento, California
– Median days on market: 34
– Median sale price: $547,000
– Total homes sold: 1,238
#30. Springfield, Missouri
– Median days on market: 33
– Median sale price: $245,950
– Total homes sold: 381
#29. Tacoma, Washington
– Median days on market: 33
– Median sale price: $533,750
– Total homes sold: 568
#28. Wilmington, Delaware
– Median days on market: 32
– Median sale price: $305,000
– Total homes sold: 405
#27. Oakland, California
– Median days on market: 32
– Median sale price: $804,250
– Total homes sold: 970
#26. Newark, New Jersey
– Median days on market: 32
– Median sale price: $520,000
– Total homes sold: 1,169
#25. Jacksonville, North Carolina
– Median days on market: 31
– Median sale price: $251,000
– Total homes sold: 304
#24. Scranton, Pennsylvania
– Median days on market: 31
– Median sale price: $185,500
– Total homes sold: 359
#23. Providence, Rhode Island
– Median days on market: 31
– Median sale price: $450,000
– Total homes sold: 880
#22. Montgomery County, Pennsylvania
– Median days on market: 31
– Median sale price: $440,000
– Total homes sold: 1,126
#21. Warren, Michigan
– Median days on market: 31
– Median sale price: $270,000
– Total homes sold: 1,744
The Carrier Dome at Syracuse University, right, is seen on the skyline on Monday, Sept. 21, 2015, in Syracuse, N.Y. (AP Photo/Mike Groll)AP
#20. Syracuse, New York
– Median days on market: 30
– Median sale price: $205,000
– Total homes sold: 361
#19. Nassau County, New York
– Median days on market: 29
– Median sale price: $635,500
– Total homes sold: 1,694
#18. Worcester, Massachusetts
– Median days on market: 28
– Median sale price: $410,000
– Total homes sold: 552
#17. San Jose, California
– Median days on market: 28
– Median sale price: $1,370,000
– Total homes sold: 560
#16. Omaha, Nebraska
– Median days on market: 28
– Median sale price: $290,000
– Total homes sold: 652
#15. Camden, New Jersey
– Median days on market: 28
– Median sale price: $320,000
– Total homes sold: 799
#14. San Diego
– Median days on market: 28
– Median sale price: $850,000
– Total homes sold: 1,473
#13. Springfield, Massachusetts
– Median days on market: 27
– Median sale price: $317,500
– Total homes sold: 379
#12. Fort Wayne, Indiana
– Median days on market: 26
– Median sale price: $229,900
– Total homes sold: 313
#11. Boston
– Median days on market: 26
– Median sale price: $675,000
– Total homes sold: 1,961
#10. Wichita, Kansas
– Median days on market: 24
– Median sale price: $215,250
– Total homes sold: 416
#9. Richmond, Virginia
– Median days on market: 24
– Median sale price: $363,000
– Total homes sold: 882
FILE – In this Oct. 16, 2015, file photo, algae coats rocks in view of Cincinnati’s skyline on the banks of the Ohio River in Newport, Ky. (AP Photo/John Minchillo, File)AP
#8. Cincinnati, Ohio
– Median days on market: 24
– Median sale price: $255,000
– Total homes sold: 1,383
#7. Grand Rapids, Michigan
– Median days on market: 22
– Median sale price: $307,200
– Total homes sold: 622
#6. York, Pennsylvania
– Median days on market: 20
– Median sale price: $240,900
– Total homes sold: 321
#5. Albany, New York
– Median days on market: 20
– Median sale price: $275,000
– Total homes sold: 556
#4. Allentown, Pennsylvania
– Median days on market: 17
– Median sale price: $290,000
– Total homes sold: 477
#3. Harrisburg, Pennsylvania
– Median days on market: 16
– Median sale price: $255,000
– Total homes sold: 378
#2. Buffalo, New York
– Median days on market: 15
– Median sale price: $230,000
– Total homes sold: 640
#1. Rochester, New York
– Median days on market: 12
– Median sale price: $201,000
– Total homes sold: 607
The Genesee River flows through downtown Rochester, New York, on Saturday, November 27, 2021. (AP Photo/Ted Shaffrey)AP
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