If You Live in One of These 20 Housing Markets, Consider Selling While It’s Still Hot
Even though some prospective buyers are waiting on the sidelines for mortgage rates to drop, the real estate market remains hot in certain places around the U.S. According to a recent Realtor.com report, listings in “America’s 20 Hottest Markets” received three times as many views per property as the national average in May 2024.
Find Out: 5 Types of Homes Expected To Plummet in Value by the End of 2025
See More: How To Get Rich in Real Estate Starting with Just $1,000
“This suggests that the hottest markets are seeing significantly more demand than the typical home nationally, despite still-challenging housing conditions,” Realtor.com’s economic analyst Hannah Jones said in her analysis.
This high demand is a good indication that if you own a home in one of these 20 markets and have been thinking of selling, you may want to strike while the iron is hot.
If you’re selling to buy, here are 20 of the most affordable housing markets.
Manchester, New Hampshire
Median days on the market: 14
Median list price: $630,000
Trending More: 7 Types of Homes Expected To Soar in Value by the End of 2025
Be Aware: 6 Subtly Genius Things All Wealthy People Do With Their Money
Earning passive income doesn't need to be difficult. You can start this week.
Hartford, Connecticut
Median days on the market: 16
Median list price: $447,000
Read Next: 5 Worst Florida Cities To Buy Property in the Next 5 Years, According to Real Estate Agents
Springfield, Massachusetts
Median days on the market: 17
Median list price: $400,000
Concord, New Hampshire
Median days on the market: 17
Median list price: $600,000
Rochester, New York
Median days on the market: 17
Median list price: $310,000
Try This: 5 Worst California Cities To Buy Property Over the Next 5 Years, per Real Estate Agents
Rockford, Illinois
Median days on the market: 21
Median list price: $236,000
Worcester, Massachusetts
Median days on the market: 19
Median list price: $545,000
Canton, Ohio
Median days on the market: 21
Median list price: $270,000
Explore More: 20 Best Cities Where You Can Buy a House for Under $100K
Providence, Rhode Island
Median days on the market: 19
Median list price: $586,000
Akron, Ohio
Median days on the market: 23
Median list price: $252,000
New Haven, Connecticut
Median days on the market: 24
Median list price: $427,000
Discover Next: 3 Best Florida Cities To Buy Property in the Next 5 Years, According To Real Estate Agents
Bridgeport, Connecticut
Median days on the market: 22
Median list price: $1,065,000
Wausau, Wisconsin
Median days on the market: 23
Median list price: $343,000
Springfield, Illinois
Median days on the market: 23
Median list price: $216,000
Check Out: If You Live in One of These 20 Housing Markets, Consider Selling While It’s Still Hot
Columbus, Ohio
Median days on the market: 24
Median list price: $402,000
Lafayette, Indiana
Median days on the market: 24
Median list price: $399,000
Norwich, Connecticut
Median days on the market: 28
Median list price: $542,000
Read Next: I’m an Economist: Here’s My Prediction for the Housing Market If Trump Wins the Election
Buffalo, New York
Median days on the market: 21
Median list price: $300,000
Reading, Pennsylvania
Median days on the market: 23
Median list price: $360,000
Oshkosh, Wisconsin
Median days on the market: 30
Median list price: $400,000
Data is sourced from Realtor.com and reflects May 2024 data.
More From GOBankingRates
10 Costco Fall 2024 Items To Stock Up On Before They Sell Out
These 10 Used Cars Will Last Longer Than an Average New Vehicle
Here's How To Become a Real Estate Investor for Just $1K Using This Bezos-Backed Startup
This article originally appeared on GOBankingRates.com: If You Live in One of These 20 Housing Markets, Consider Selling While It’s Still Hot