Home Supply Is Up For The First Time In Nearly 3 Years

by Real estate financingMission+
33 minutes read

High mortgage rates are keeping homebuyers on the sidelines, leading to declining home sales and a build-up of supply.

The number of homes for sale nationwide in June rose 2%. That’s the first annual increase since July 2019, before the pandemic-fueled homebuying frenzy sapped the market of available homes and sent buyers into bidding wars for nearly every listing. Now, supply has built up as the combination of 5.5%-plus mortgage rates, high home prices and a faltering economy push more buyers to the sidelines, thereby creating a more balanced market. Home sales fell nearly 16% from a year ago, the largest decline since May 2020. The shift has also started impacting sale prices: They’re still growing by double digits, but the 11% year-over-year increase is the smallest in nearly two years.

“The country’s economic woes have already cooled the housing market, and they’re likely to continue dampening demand,” said Redfin Chief Economist Daryl Fairweather. “The Fed has signaled it may increase interest rates further to combat stubbornly high inflation, which could harm consumer confidence, and lower stock prices mean fewer prospective homebuyers can afford a down payment. I advise sellers to commit: If you decide to sell, do it quickly before demand potentially falls further. And price carefully—this is not the time to test the waters. You’ll do more harm than good if you overprice and have to do a price reduction or take the home off the market.”

The market is a mixed bag for buyers. They’re seeing higher monthly housing payments than earlier this year due to comparatively high mortgage rates but facing less competition for homes, which often allows them to make less risky offers that include protections like inspection and appraisal contingencies.

Market Summary June 2022 Month-Over-Month Year-Over-Year
Median sale price $428,400 -0.4% 11.2%
Homes sold, seasonally-adjusted 524,200 -4.3% -15.5%
Pending sales, seasonally-adjusted 500,000 -1.5% -12.6%
New listings, seasonally-adjusted 636,500 0.1% -4.4%
All Homes for sale, seasonally-adjusted 1,450,900 2.4% 1.8%
Median days on market 18 1 3
Months of supply 1.7 0.2 0.5
Sold above list 55.5% -3.7 pp -0.9 pp
Median Off-Market Redfin Estimate $421,300 0.4% 21.1%
Average Sale-to-list 102.3% -0.8 pp -0.2 pp
Average 30-year fixed mortgage rate 5.52% +0.29 pp +2.54 pp
† – ‘pp’ = percentage point change

Other June Highlights

Competition

  • Denver and Indianapolis were the fastest markets, with half of all homes pending sale in just 5 days. Grand Rapids, MI, Omaha, NE and Oklahoma City were the next-fastest markets, with 6 median days on market.
  • The most competitive market in June was Rochester, NY, where 80.5% of homes sold above list price, followed by 76.8% in Worcester, MA, 76.2% in Oakland, CA, 75.4% in Buffalo, NY, and 75.0% in Hartford, CT.

Prices

  • North Port, FL had the nation’s highest price growth, with home prices rising 29.7% since a year earlier to $480,000. Cape Coral, FL had the second-highest growth at 27.7%, followed by Tampa, FL (26.1%), Fort Worth, TX (24.2%), and Knoxville, TN (24.1%).
  • Only San Francisco (-0.5%) saw price declines in June.

Sales

  • No metro areas saw home sales increase from a year earlier in June. Greenville, SC had the smallest decline, with home sales dropping 2.3% year over year, followed by Worcester, MA, down 4.1%. El Paso, TX rounded out the top three with sales down 7.2% from a year ago.
  • West Palm Beach, FL saw the largest decline in sales from a year earlier, falling 34.1%. Next came Anaheim, CA and Miami, where home sales declined by 33.6% and 33.5%, respectively.

Inventory

  • North Port, FL had the biggest increase in the number of homes for sale, up 34% year over year, followed by Colorado Springs, CO (31.5%) and Austin, TX (26.9%).
  • Allentown, PA had the largest decrease in the number of homes for sale, falling 41.1% since last June. Hartford, CT (-29.2%), Greensboro, NC (-28.6%), and Bridgeport, CT (-27.9%) came next.

Median Home Price

Home Sales

Active Supply

New Listings

Days on Market

Sold Above List Price

Sale-to-List Price Ratio

Below are market-by-market breakdowns for prices, inventory, new listings and sales for markets with populations of 750,000 or more. For downloadable data on all of the markets Redfin tracks, visit the Redfin Data Center. Refer to our metrics definition page for explanations of all the metrics used in this report.

Median Sale Price

Redfin Metro Median Sale Price Month-Over-Month Year-Over-Year
Albany, NY $305,000 8.9% 10.9%
Allentown, PA $320,000 6.7% 15.7%
Anaheim, CA $1,020,000 -3.9% 12.1%
Atlanta, GA $400,000 0.8% 18.3%
Austin, TX $536,000 -3.2% 11.7%
Bakersfield, CA $360,000 0.0% 18.0%
Baltimore, MD $375,000 1.3% 7.0%
Baton Rouge, LA $260,000 2.8% 6.1%
Birmingham, AL $304,900 3.4% 15.1%
Boise City, ID $525,000 -4.5% 10.5%
Boston, MA $705,000 2.2% 8.5%
Bridgeport, CT $625,000 8.7% 8.7%
Buffalo, NY $240,000 4.3% 16.6%
Camden, NJ $309,000 3.0% 16.6%
Cape Coral, FL $415,000 -0.5% 27.7%
Charleston, SC $430,000 0.0% 19.8%
Charlotte, NC $410,000 2.4% 20.6%
Chicago, IL $340,000 3.0% 6.2%
Cincinnati, OH $275,000 3.8% 7.8%
Cleveland, OH $225,000 7.1% 11.9%
Columbus, OH $328,000 -0.4% 15.1%
Dallas, TX $457,000 -1.7% 20.3%
Dayton, OH $215,000 4.9% 16.2%
Denver, CO $610,000 -0.3% 12.4%
Detroit, MI $209,000 10.1% 14.2%
El Paso, TX $238,000 0.1% 19.0%
Fort Lauderdale, FL $410,500 2.6% 20.7%
Fort Worth, TX $388,100 0.8% 24.2%
Frederick, MD $550,000 -1.8% 8.9%
Fresno, CA $415,000 1.2% 13.7%
Grand Rapids, MI $310,000 -0.4% 10.7%
Greensboro, NC $275,000 3.8% 19.3%
Greenville, SC $310,000 -4.4% 13.6%
Hartford, CT $315,000 5.0% 11.9%
Honolulu, HI $736,500 5.2% 13.0%
Houston, TX $352,000 0.6% 13.2%
Indianapolis, IN $296,000 3.9% 18.4%
Jacksonville, FL $375,000 2.7% 22.6%
Kansas City, MO $325,000 1.6% 15.2%
Knoxville, TN $350,000 2.9% 24.1%
Lake County, IL $350,000 9.4% 7.7%
Las Vegas, NV $450,000 0.0% 23.3%
Los Angeles, CA $890,000 -1.1% 7.3%
Louisville, KY $263,300 3.3% 11.6%
McAllen, TX $224,400 1.9% 18.9%
Memphis, TN $301,200 5.3% 13.7%
Miami, FL $490,000 0.0% 18.1%
Milwaukee, WI $307,800 7.9% 10.3%
Minneapolis, MN $380,000 1.3% 8.6%
Montgomery County, PA $450,000 5.9% 9.7%
Nashville, TN $459,900 -1.9% 17.9%
Nassau County, NY $629,200 0.8% 9.4%
New Brunswick, NJ $480,000 3.9% 11.9%
New Haven, CT $319,800 3.1% 6.6%
New Orleans, LA $309,400 1.5% 9.3%
New York, NY $705,000 1.9% 4.7%
Newark, NJ $550,000 6.8% 11.9%
North Port, FL $480,000 1.1% 29.7%
Oakland, CA $1,025,000 -4.2% 6.8%
Oklahoma City, OK $260,000 0.0% 13.0%
Omaha, NE $300,000 3.4% 13.2%
Orlando, FL $400,000 0.8% 21.2%
Oxnard, CA $840,000 0.0% 5.4%
Philadelphia, PA $300,000 4.2% 7.1%
Phoenix, AZ $485,000 -0.2% 19.8%
Pittsburgh, PA $239,900 4.3% 3.2%
Portland, OR $568,000 -0.9% 10.5%
Providence, RI $425,000 1.2% 13.3%
Raleigh, NC $450,000 1.9% 20.0%
Richmond, VA $364,000 -0.3% 12.0%
Riverside, CA $570,000 -0.9% 13.1%
Rochester, NY $225,000 6.4% 12.5%
Sacramento, CA $600,000 -1.6% 6.2%
Salt Lake City, UT $540,500 -3.5% 13.8%
San Antonio, TX $345,200 -1.1% 19.5%
San Diego, CA $860,000 -1.7% 11.7%
San Francisco, CA $1,581,000 -2.4% -0.5%
San Jose, CA $1,500,000 -3.8% 7.1%
Seattle, WA $816,100 -4.0% 10.3%
St. Louis, MO $265,000 6.7% 12.5%
Stockton, CA $555,000 -4.0% 7.8%
Tacoma, WA $565,000 -1.7% 11.9%
Tampa, FL $391,000 2.2% 26.1%
Tucson, AZ $365,000 1.5% 16.6%
Tulsa, OK $262,200 4.9% 14.5%
Virginia Beach, VA $325,000 0.0% 9.8%
Warren, MI $305,000 4.5% 9.3%
Washington, DC $550,000 -0.2% 5.8%
West Palm Beach, FL $465,000 2.2% 24.0%
Worcester, MA $420,000 3.7% 13.5%
National $428,400 -0.4% 11.2%

Homes Sold

Redfin Metro Homes Sold Month-Over-Month Year-Over-Year
Albany, NY 866 9.8% -14.2%
Allentown, PA 945 16.0% -15.8%
Anaheim, CA 2,388 -6.8% -33.6%
Atlanta, GA 9,704 -2.7% -18.3%
Austin, TX 3,305 -6.5% -23.0%
Bakersfield, CA 851 2.3% -12.6%
Baltimore, MD 4,195 -2.6% -23.4%
Baton Rouge, LA 1,076 -10.6% -19.6%
Birmingham, AL 1,649 -3.1% -17.5%
Boise City, ID 1,212 -9.4% -28.4%
Boston, MA 5,607 25.1% -12.6%
Bridgeport, CT 1,387 28.9% -26.0%
Buffalo, NY 932 3.9% -11.6%
Camden, NJ 1,886 11.7% -17.0%
Cape Coral, FL 2,181 -10.7% -21.1%
Charleston, SC 1,684 -5.5% -26.7%
Charlotte, NC 4,835 8.1% -7.9%
Chicago, IL 10,812 6.6% -17.0%
Cincinnati, OH 3,073 2.1% -12.2%
Cleveland, OH 3,021 11.4% -8.5%
Columbus, OH 3,092 0.9% -11.4%
Dallas, TX 6,310 -1.4% -13.8%
Dayton, OH 1,169 3.7% -12.5%
Denver, CO 5,364 -6.9% -17.4%
Detroit, MI 1,937 -2.1% -15.7%
El Paso, TX 899 1.9% -7.2%
Fort Lauderdale, FL 3,295 -4.6% -26.3%
Fort Worth, TX 3,124 -0.1% -10.3%
Frederick, MD 1,878 2.0% -20.8%
Fresno, CA 817 4.9% -14.7%
Grand Rapids, MI 1,434 8.3% -13.4%
Greensboro, NC 1,079 14.1% -10.2%
Greenville, SC 1,509 8.5% -2.3%
Hartford, CT 1,741 23.1% -14.3%
Honolulu, HI 972 -4.4% -16.9%
Houston, TX 9,988 -0.5% -10.4%
Indianapolis, IN 3,742 8.0% -7.3%
Jacksonville, FL 3,025 -1.9% -17.4%
Kansas City, MO 3,784 5.2% -12.9%
Knoxville, TN 1,341 2.8% -14.4%
Lake County, IL 1,505 24.0% -24.1%
Las Vegas, NV 3,467 -10.1% -25.0%
Los Angeles, CA 6,118 2.3% -20.7%
Louisville, KY 1,822 4.9% -13.2%
McAllen, TX 422 -9.1% -13.2%
Memphis, TN 1,640 1.7% -8.6%
Miami, FL 2,938 -14.1% -33.5%
Milwaukee, WI 2,196 8.8% -14.2%
Minneapolis, MN 6,508 15.4% -15.2%
Montgomery County, PA 2,832 23.8% -15.7%
Nashville, TN 4,008 6.1% -9.0%
Nassau County, NY 2,810 16.5% -10.9%
New Brunswick, NJ 3,491 15.8% -12.6%
New Haven, CT 1,186 16.0% -11.0%
New Orleans, LA 1,548 -1.8% -18.2%
New York, NY 7,497 13.5% -7.4%
Newark, NJ 2,490 22.2% -19.3%
North Port, FL 2,130 -15.7% -26.6%
Oakland, CA 2,467 -13.7% -28.6%
Oklahoma City, OK 2,340 0.9% -8.9%
Omaha, NE 1,425 12.9% -12.8%
Orlando, FL 4,333 -3.2% -17.1%
Oxnard, CA 761 3.4% -19.0%
Philadelphia, PA 2,675 6.2% -14.5%
Phoenix, AZ 7,584 -7.3% -20.7%
Pittsburgh, PA 2,771 12.9% -10.9%
Portland, OR 3,705 -2.4% -19.5%
Providence, RI 1,942 14.0% -18.6%
Raleigh, NC 2,651 6.9% -14.6%
Richmond, VA 2,170 13.9% -12.0%
Riverside, CA 5,158 -2.4% -19.7%
Rochester, NY 1,085 9.7% -13.0%
Sacramento, CA 2,567 -4.6% -25.1%
Salt Lake City, UT 1,392 -1.4% -26.4%
San Antonio, TX 3,036 -2.2% -23.3%
San Diego, CA 2,759 -9.4% -31.2%
San Francisco, CA 1,056 -17.7% -32.0%
San Jose, CA 1,392 -9.5% -33.1%
Seattle, WA 4,598 -5.4% -25.1%
St. Louis, MO 4,356 14.4% -11.5%
Stockton, CA 663 0.9% -16.8%
Tacoma, WA 1,536 -1.4% -19.5%
Tampa, FL 6,043 -4.0% -16.2%
Tucson, AZ 1,499 -15.5% -20.7%
Tulsa, OK 1,405 -5.9% -16.6%
Virginia Beach, VA 3,246 1.8% -13.9%
Warren, MI 3,878 6.4% -17.4%
Washington, DC 7,115 -5.3% -25.6%
West Palm Beach, FL 2,832 -9.8% -34.1%
Worcester, MA 1,300 33.5% -4.1%
National 524,200 -4.3% -15.5%

New Listings

Redfin Metro New Listings Month-Over-Month Year-Over-Year
Albany, NY 1,445 6.9% -6.1%
Allentown, PA 690 -21.2% -47.8%
Anaheim, CA 2,752 -10.9% -22.4%
Atlanta, GA 12,553 8.1% -2.7%
Austin, TX 5,822 14.2% 16.3%
Bakersfield, CA 1,083 -1.0% 3.6%
Baltimore, MD 4,662 -2.7% -20.0%
Birmingham, AL 1,849 11.1% -11.7%
Boise City, ID 1,992 10.5% 0.1%
Boston, MA 6,762 6.4% -9.9%
Bridgeport, CT 1,680 -4.3% -16.0%
Buffalo, NY 1,656 10.5% 0.1%
Camden, NJ 2,117 2.6% -16.8%
Cape Coral, FL 2,448 -7.2% -1.0%
Charleston, SC 1,971 -2.0% -5.8%
Charlotte, NC 5,361 13.6% 0.0%
Chicago, IL 12,691 0.9% -15.5%
Cincinnati, OH 3,679 6.0% -3.1%
Cleveland, OH 3,761 11.6% -7.8%
Colorado Springs, CO 2,226 6.5% 15.3%
Columbus, OH 3,774 6.6% -6.8%
Dallas, TX 9,828 8.4% 18.7%
Dayton, OH 1,433 -0.3% -5.9%
Denver, CO 7,283 11.1% -3.3%
Detroit, MI 2,946 5.6% 6.5%
El Paso, TX 1,162 10.8% -3.8%
Fort Lauderdale, FL 4,126 1.9% -4.4%
Fort Worth, TX 4,758 14.8% 16.8%
Frederick, MD 1,960 -3.3% -22.3%
Fresno, CA 986 -5.2% -7.7%
Grand Rapids, MI 1,908 12.3% 2.1%
Greensboro, NC 880 -13.6% -33.3%
Greenville, SC 1,687 10.6% 2.8%
Hartford, CT 1,983 3.8% -16.4%
Honolulu, HI 899 -11.0% -28.4%
Houston, TX 13,730 10.6% 1.8%
Indianapolis, IN 4,772 15.5% 6.7%
Jacksonville, FL 3,864 3.5% -0.7%
Kansas City, MO 4,118 1.9% -9.9%
Knoxville, TN 1,501 2.2% -5.7%
Lake County, IL 1,585 -1.1% -25.0%
Las Vegas, NV 5,633 10.0% 13.5%
Los Angeles, CA 6,889 -8.3% -21.0%
Louisville, KY 2,336 13.8% -1.5%
McAllen, TX 701 12.2% 20.9%
Memphis, TN 2,127 13.7% 6.5%
Miami, FL 4,346 1.7% -5.4%
Milwaukee, WI 2,514 2.6% -26.9%
Minneapolis, MN 6,958 -7.0% -13.4%
Montgomery County, PA 2,967 4.0% -21.5%
Nashville, TN 5,321 16.4% 30.5%
Nassau County, NY 3,833 0.7% -9.9%
New Brunswick, NJ 4,346 1.7% -12.8%
New Haven, CT 1,389 2.9% -10.3%
New Orleans, LA 1,992 4.7% 2.4%
New York, NY 9,700 -5.5% -11.7%
Newark, NJ 3,074 3.9% -14.0%
North Port, FL 2,900 -0.1% 19.5%
Oakland, CA 3,424 0.9% -10.6%
Oklahoma City, OK 2,966 2.8% 1.4%
Omaha, NE 1,514 7.8% -10.8%
Orlando, FL 6,080 5.4% 10.8%
Oxnard, CA 826 -6.1% -18.3%
Philadelphia, PA 3,209 3.9% -6.3%
Phoenix, AZ 10,901 -0.2% 9.4%
Pittsburgh, PA 3,439 1.4% -4.9%
Portland, OR 4,755 4.9% -4.9%
Providence, RI 2,402 0.0% -16.5%
Raleigh, NC 3,052 1.3% 10.4%
Richmond, VA 2,189 -2.0% -14.0%
Riverside, CA 6,723 -3.9% -4.5%
Rochester, NY 1,534 6.2% -10.8%
Sacramento, CA 3,544 0.1% -7.2%
San Antonio, TX 4,607 12.5% 7.6%
San Diego, CA 3,585 -3.2% -17.7%
San Francisco, CA 1,456 -4.7% -5.9%
San Jose, CA 1,687 -13.4% -19.8%
Seattle, WA 6,230 2.6% -4.9%
St. Louis, MO 4,628 8.2% -9.3%
Stockton, CA 940 1.7% -3.7%
Tacoma, WA 2,103 6.6% 3.6%
Tampa, FL 8,279 8.2% 8.8%
Tucson, AZ 1,849 3.5% -0.4%
Tulsa, OK 1,877 23.2% -5.1%
Virginia Beach, VA 3,509 1.2% -10.7%
Warren, MI 5,428 8.6% -2.5%
Washington, DC 7,689 -8.6% -25.1%
West Palm Beach, FL 3,972 -0.9% 5.9%
Worcester, MA 1,567 7.2% -8.7%
National 636,500 0.1% -4.4%

All Homes for Sale

Redfin Metro All Homes for Sale Month-Over-Month Year-Over-Year
Albany, NY 2,889 11.6% -11.7%
Allentown, PA 1,506 -9.6% -41.1%
Anaheim, CA 6,608 0.6% -17.7%
Atlanta, GA 25,276 8.8% -0.9%
Austin, TX 12,103 21.6% 26.9%
Bakersfield, CA 2,439 7.4% 16.6%
Baltimore, MD 9,363 1.3% -14.1%
Birmingham, AL 4,405 2.0% -14.0%
Boise City, ID 4,091 23.2% -8.7%
Boston, MA 12,544 5.9% -7.9%
Bridgeport, CT 4,447 6.7% -27.9%
Buffalo, NY 2,740 14.2% 0.4%
Camden, NJ 4,388 3.3% -16.3%
Cape Coral, FL 5,506 5.7% 15.4%
Charleston, SC 4,993 3.7% -13.5%
Charlotte, NC 10,966 13.3% -11.7%
Chicago, IL 38,062 2.6% 17.6%
Cincinnati, OH 8,464 6.2% -8.9%
Cleveland, OH 7,310 6.5% -14.4%
Colorado Springs, CO 4,229 17.8% 31.5%
Columbus, OH 8,132 8.3% -6.4%
Dallas, TX 18,607 16.6% 16.7%
Dayton, OH 2,916 5.2% 1.5%
Denver, CO 11,284 11.4% 10.9%
Detroit, MI 6,449 9.2% 14.6%
El Paso, TX 2,501 9.9% -11.8%
Fort Lauderdale, FL 10,947 2.8% -19.5%
Fort Worth, TX 8,783 17.0% 17.0%
Frederick, MD 3,702 2.6% -18.3%
Fresno, CA 1,931 4.3% 5.9%
Grand Rapids, MI 2,915 13.8% 3.1%
Greensboro, NC 2,039 -3.5% -28.6%
Greenville, SC 3,914 8.7% -5.8%
Hartford, CT 4,189 5.4% -29.2%
Honolulu, HI 3,143 -4.9% -14.9%
Houston, TX 28,743 10.1% 5.2%
Indianapolis, IN 7,459 12.1% 4.3%
Jacksonville, FL 8,098 8.4% 0.1%
Kansas City, MO 7,965 3.6% -8.2%
Knoxville, TN 3,867 6.4% -10.6%
Lake County, IL 4,510 5.3% 8.9%
Las Vegas, NV 12,031 16.5% 17.7%
Los Angeles, CA 18,182 0.4% -17.0%
Louisville, KY 4,259 10.0% -4.2%
McAllen, TX 1,935 6.9% 7.9%
Memphis, TN 4,324 10.1% -8.8%
Miami, FL 13,412 2.4% -20.2%
Milwaukee, WI 6,169 5.2% -20.4%
Minneapolis, MN 13,908 3.4% 0.1%
Montgomery County, PA 5,426 4.8% -22.0%
Nashville, TN 10,466 19.3% 25.3%
Nassau County, NY 9,453 8.7% -13.7%
New Brunswick, NJ 11,405 5.5% 3.0%
New Haven, CT 3,265 4.5% -23.1%
New Orleans, LA 4,591 6.4% 2.0%
New York, NY 36,341 3.1% -11.8%
Newark, NJ 7,652 7.7% -13.0%
North Port, FL 5,566 10.2% 34.0%
Oakland, CA 6,410 10.7% 9.3%
Oklahoma City, OK 5,516 10.5% 14.9%
Omaha, NE 2,421 6.0% -9.9%
Orlando, FL 11,024 13.5% 11.1%
Oxnard, CA 2,038 3.6% -10.7%
Philadelphia, PA 8,615 3.2% -1.6%
Phoenix, AZ 23,871 11.1% 21.0%
Pittsburgh, PA 10,082 6.6% -6.0%
Portland, OR 8,276 10.5% 4.1%
Providence, RI 4,925 7.4% -11.6%
Raleigh, NC 6,311 7.3% -1.0%
Richmond, VA 3,625 -0.8% -17.3%
Riverside, CA 16,484 6.1% 6.4%
Rochester, NY 2,396 3.1% -8.8%
Sacramento, CA 7,036 9.8% 14.1%
San Antonio, TX 9,381 11.8% 9.5%
San Diego, CA 6,975 6.9% -8.7%
San Francisco, CA 3,492 3.4% 4.8%
San Jose, CA 3,516 4.3% -4.5%
Seattle, WA 10,195 11.4% 9.5%
St. Louis, MO 9,204 8.0% -10.9%
Stockton, CA 1,909 12.1% 21.9%
Tacoma, WA 3,468 15.7% 19.9%
Tampa, FL 14,458 12.9% 12.4%
Tucson, AZ 4,389 1.4% -0.9%
Tulsa, OK 3,225 15.4% -3.1%
Virginia Beach, VA 6,651 1.5% -16.3%
Warren, MI 9,957 13.9% 3.3%
Washington, DC 16,825 -0.2% -15.5%
West Palm Beach, FL 10,604 5.8% -4.5%
Worcester, MA 2,852 5.8% -7.6%
National 1,450,900 2.4% 1.8%

Median Off-Market Redfin Estimate

Redfin Metro Estimate Month-Over-Month Year-Over-Year
Albany, NY $242,400 1.9% 9.0%
Allentown, PA $287,400 1.4% 18.9%
Anaheim, CA $1,076,500 1.4% 27.3%
Atlanta, GA $354,200 1.8% 30.4%
Austin, TX $529,000 1.4% 36.7%
Bakersfield, CA $280,300 1.0% 26.5%
Baltimore, MD $349,400 1.1% 14.0%
Baton Rouge, LA $154,300 1.1% 6.3%
Birmingham, AL $180,500 1.4% 17.7%
Boston, MA $653,000 1.1% 11.0%
Bridgeport, CT $491,500 1.2% 14.4%
Buffalo, NY $208,600 1.6% 20.1%
Camden, NJ $295,100 1.5% 22.0%
Charleston, SC $343,400 2.2% 26.5%
Charlotte, NC $328,500 2.1% 29.3%
Chicago, IL $298,100 1.1% 5.1%
Cincinnati, OH $226,200 1.3% 19.2%
Cleveland, OH $190,600 1.5% 18.2%
Columbus, OH $266,900 1.2% 18.4%
Dallas, TX $396,200 2.1% 33.9%
Dayton, OH $167,500 1.0% 16.0%
Denver, CO $593,100 1.1% 25.4%
Detroit, MI $136,300 1.5% 14.6%
Fort Lauderdale, FL $387,300 2.4% 26.2%
Fort Worth, TX $329,600 1.6% 30.8%
Frederick, MD $528,300 1.0% 13.9%
Fresno, CA $380,100 1.4% 24.0%
Grand Rapids, MI $251,600 1.6% 21.5%
Greensboro, NC $197,700 2.0% 21.7%
Greenville, SC $230,900 2.1% 25.6%
Hartford, CT $288,000 1.6% 17.9%
Houston, TX $281,100 1.8% 24.4%
Indianapolis, IN $234,500 1.8% 23.7%
Jacksonville, FL $328,300 2.3% 32.9%
Kansas City, MO $255,200 1.4% 21.5%
Knoxville, TN $270,500 2.5% 28.5%
Lake County, IL $264,500 1.4% 9.6%
Las Vegas, NV $425,900 1.8% 30.5%
Los Angeles, CA $869,200 1.4% 17.6%
Louisville, KY $210,700 0.7% 6.9%
Memphis, TN $210,200 1.9% 20.7%
Miami, FL $442,400 2.1% 25.5%
Milwaukee, WI $268,300 1.4% 15.4%
Minneapolis, MN $350,500 1.0% 15.2%
Montgomery County, PA $426,000 1.2% 16.5%
Nashville, TN $421,800 2.3% 34.1%
Nassau County, NY $617,300 0.8% 13.0%
New Brunswick, NJ $472,600 1.3% 19.5%
New Haven, CT $298,500 1.7% 19.4%
New Orleans, LA $210,400 1.0% 9.8%
Newark, NJ $468,600 1.2% 11.8%
North Port, FL $402,400 2.7% 46.1%
Oakland, CA $1,116,100 1.3% 21.5%
Oklahoma City, OK $195,600 1.7% 19.6%
Omaha, NE $253,000 1.5% 16.6%
Orlando, FL $354,800 2.3% 33.5%
Oxnard, CA $835,400 1.0% 21.2%
Philadelphia, PA $240,500 0.9% 9.1%
Phoenix, AZ $469,600 2.1% 40.0%
Pittsburgh, PA $165,400 1.2% 10.2%
Portland, OR $549,200 0.8% 20.2%
Providence, RI $401,300 1.4% 17.1%
Raleigh, NC $400,600 2.2% 35.8%
Richmond, VA $308,400 1.8% 16.4%
Riverside, CA $515,700 1.3% 28.4%
Rochester, NY $196,400 1.7% 20.0%
Sacramento, CA $598,300 0.8% 22.4%
Salt Lake City, UT $566,200 1.1% 33.8%
San Antonio, TX $262,200 1.8% 25.5%
San Diego, CA $909,500 1.4% 25.6%
San Francisco, CA $1,649,000 0.6% 14.3%
San Jose, CA $1,676,300 1.0% 25.3%
Seattle, WA $835,400 0.7% 24.2%
St. Louis, MO $193,400 1.2% 14.9%
Tacoma, WA $542,800 1.4% 21.9%
Tampa, FL $347,900 2.4% 37.6%
Tucson, AZ $311,100 2.3% 26.3%
Tulsa, OK $170,400 1.5% 15.6%
Virginia Beach, VA $301,200 1.0% 16.4%
Warren, MI $272,000 1.1% 13.7%
Washington, DC $508,900 1.0% 13.2%
West Palm Beach, FL $428,700 2.9% 36.7%
Worcester, MA $376,400 1.4% 16.3%
National $421,300 0.4% 21.1%

Source

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