This is a carousel. Use Next and Previous buttons to navigate
1of54
Metros with the fewest homes for sale
April is typically the beginning of the spring homebuying season, but this year, fewer sellers than usual are putting their homes on the market. Homeowners who were able to lock in record-low mortgage rates in 2020 and 2021 aren’t inclined to shop for a new house if that means getting a new mortgage. Institutional investors also snapped up huge numbers of single-family homes to turn into rental properties in recent years, while simultaneously, many older Americans are choosing to age in place.
The end result? About 20% fewer homes are being listed compared to the same time last year, according to Realtor.com data.
Of course, some cities and towns have lower inventory than others. To find out which metropolitan areas had the fewest homes for sale in April, Stacker consulted data from Realtor.com. Rankings were determined by the number of homes for sale per 10,000 residents. In the event of a tie, the total number of homes for sale was used. To be included, each metro had to have at least 75,000 residents. Metros include the main city as well as surrounding towns and suburbs.
Many of these metropolitan areas have home prices below the national median list price of $430,000, a sign…
CanvaShow MoreShow Less2of54
#35. Buffalo, New York
– Active listings per 10,000 residents: 7 – Total active listings: 766 – New listings in April: 872 – Median list price: $249,900
CanvaShow MoreShow Less3of544of54
#34. Rochester, New York
– Active listings per 10,000 residents: 7 – Total active listings: 734 – New listings in April: 892 – Median list price: $264,900
CanvaShow MoreShow Less5of54
#33. Fresno, California
– Active listings per 10,000 residents: 7 – Total active listings: 681 – New listings in April: 672 – Median list price: $443,000
CanvaShow MoreShow Less6of547of54
#32. Worcester, Massachusetts
– Active listings per 10,000 residents: 7 – Total active listings: 674 – New listings in April: 916 – Median list price: $504,900
CanvaShow MoreShow Less8of54
#31. Oxnard, California
– Active listings per 10,000 residents: 7 – Total active listings: 571 – New listings in April: 552 – Median list price: $985,000
Jon Bilous. // ShutterstockShow MoreShow Less9of5410of54
#30. Stockton, California
– Active listings per 10,000 residents: 7 – Total active listings: 538 – New listings in April: 600 – Median list price: $579,000
CanvaShow MoreShow Less11of54
#29. Reading, Pennsylvania
– Active listings per 10,000 residents: 7 – Total active listings: 300 – New listings in April: 456 – Median list price: $309,950
CanvaShow MoreShow Less12of5413of54
#28. Vallejo, California
– Active listings per 10,000 residents: 7 – Total active listings: 297 – New listings in April: 428 – Median list price: $605,280
California Droning // ShutterstockShow MoreShow Less14of54
#27. Elkhart, Indiana
– Active listings per 10,000 residents: 7 – Total active listings: 140 – New listings in April: 152 – Median list price: $299,900
CanvaShow MoreShow Less15of5416of54
#26. Springfield, Illinois
– Active listings per 10,000 residents: 7 – Total active listings: 137 – New listings in April: 224 – Median list price: $179,945
Paul Brady Photography // ShutterstockShow MoreShow Less17of54
#25. Oshkosh, Wisconsin
– Active listings per 10,000 residents: 7 – Total active listings: 113 – New listings in April: 180 – Median list price: $331,987
CanvaShow MoreShow Less18of5419of54
#24. Lumberton, North Carolina
– Active listings per 10,000 residents: 7 – Total active listings: 87 – New listings in April: 64 – Median list price: $261,900
CanvaShow MoreShow Less20of54
#23. Ithaca, New York
– Active listings per 10,000 residents: 7 – Total active listings: 69 – New listings in April: 68 – Median list price: $449,000
Lewis Liu // ShutterstockShow MoreShow Less21of5422of54
#22. Bay City, Michigan
– Active listings per 10,000 residents: 7 – Total active listings: 68 – New listings in April: 96 – Median list price: $177,500
Jake M Media // ShutterstockShow MoreShow Less23of54
#21. Midland, Michigan
– Active listings per 10,000 residents: 7 – Total active listings: 62 – New listings in April: 76 – Median list price: $292,500
CanvaShow MoreShow Less24of5425of54
#20. Auburn, New York
– Active listings per 10,000 residents: 7 – Total active listings: 54 – New listings in April: 56 – Median list price: $265,000
PQK // ShutterstockShow MoreShow Less26of54
#19. San Diego
– Active listings per 10,000 residents: 6 – Total active listings: 1,948 – New listings in April: 2,144 – Median list price: $999,970
