Key Highlights
- GOBankingRates ranked fastest-selling housing markets in country
- GOBankingRates based rankings on average number of days on the market, listing prices and industry trends over past one- and two-year periods
Latest Rankings from GOBankingRates on Nation’s Fastest-Selling Housing Markets
Both buyers and sellers can benefit from knowing which housing markets in the country are the fastest selling markets.
GOBankingRates based its fastest-selling markets on the average number of days on the market, listing prices and market trends over the last one- and two-year periods. (Cities are listed in reverse order of rankings)
Sacramento CA
Days on the Market: 22
Median List Price: $615,000
California’s state capital has seen its median list price explode nearly +15% over the last two years. No wonder since the weather’s sunny, the food goes from farm-to-fork and housing prices are more than affordable when compared to those in the San Francisco Bay Area.
Raleigh NC
Days on the Market: 22
Median List Price: $399,900
Raleigh’s median list prices have grown at about +7% in the past year, less than the national average of +8.53%. The result? Houses are flying off the shelf.
Seattle WA
Days on the Market: 21
Median List Price: $714,999
Even Seattle’s median price growth of +13.43% y/y isn’t deterring buyers. Long a hotspot for buyers, Seattle boasts both high-paying jobs and a beautiful location.
Columbus OH
Days on the Market: 21
Median List Price: $309,900
If homebuyers want to get in on Columbus’s affordable home prices, they’d better act soon because the secret is out. Just in the past two years, the median home price in Columbus has increased +16.95%.
Dayton OH
Days on the Market: 20
Median List Price: $196,990
Dayton OH offers buyers a hot housing market AND a median home list price well below the national average of $325,000. No wonder homes are selling in less than 3 weeks.
Provo UT
Days on the Market: 18
Median List Price: $549,900
In the past year, Provo’s median list price has jumped +13.09% and in the past two years, +17.35%. As one of three Utah cities ranked among the top five fastest-selling housing markets, sellers are cashing in.
Stockton CA
Days on the Market: 18
Median List Price: $494,950
Just 9 years ago, the city of Stockton filed for bankruptcy. Just look at Stockton now. Home prices have jumped +11.38% in the past year.
Salt Lake City UT
Days on the Market: 18
Median List Price: $538,000
Home prices in Salt Lake City have been skyrocketing over the last two years. A home priced at $368,119 in December 2018 was valued at $441,481 in December 2020, a change in home value of nearly +20%.
Ogden UT
Days on the Market: 17
Median List Price: $449,900
A year-round playground with great skiing, hiking and fishing, Ogden is the oldest European settlement in Utah. It is also the closest city in Utah to Promontory Summit where the Transcontinental Railway was completed. Over the past two years, home prices have soared +21.57%.
Boise City ID
Days on the Market: 16
Median List Price: $457,800
Boise City is almost unrecognizable. Home prices catapulted +20.47% in one-year and a blazing +32.51% over the past two years. Listing prices are close to +20% above median values of December 2020. Clearly, Boise City is the hottest of the hot and fastest of the fastest-selling housing markets in the US.
Thanks to GOBankingRates and yahoo/finance.
