---
title: 10 Cities With the Biggest Increase in Homes for Sale Compared to a Year Ago
description: While the U.S. is still dealing with a housing shortage, there are several metro areas where active home listings are on an upswing.
authors:
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    bio: Mary Ellen (M.E.) Cagnassola is a former Money reporter who specialized in U.S. rent and real estate, with a focus on market trends and affordability.
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editors:
  - name: Brad Tuttle
    role: Senior Editor
    url: https://money.com/author/brad-tuttle/
    bio: Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals.
    education: Columbia University School of Journalism, MS
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      - Insurance
      - Investing
      - Lifestyle
      - Loans
      - Mortgages
      - Personal Finance
      - Pets
      - Professional Services
      - Retirement
      - Shopping
      - Taxes
      - Technology
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published: '2023-03-02T20:08:01.000Z'
modified: '2024-02-18T12:58:33.000Z'
section: Housing
tags:
  - News
word_count: 467
canonical: https://money.com/cities-biggest-increase-homes-for-sale/
type: NewsArticle
source: structured-blocks
---

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![A row of for sale signs](https://img.money.com/2023/03/News-Housing-Markets-Biggest-Increase-Homes-Sale.jpg)

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It’s hardly news that prospective homebuyers have faced difficult circumstances since the pandemic began, what with [bidding wars](https://money.com/bidding-wars-housing-market-recovery/), limited inventory and historically [high house prices](https://money.com/cities-where-home-prices-are-rising/).

As [mortgage rates](https://money.com/current-mortgage-rates/) inch higher, this spring real estate season isn’t likely to cut home shoppers much of a break, either. But according to a [new report](https://www.realtor.com/news/trends/boon-for-buyers-these-are-the-u-s-cities-with-the-biggest-increases-in-homes-for-sale/) from real estate marketplace Realtor.com, there are a few metro areas where skies are a little bluer in terms of inventory.

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## What the research says

-   There are about 250,000 more homes for sale around the country than there were at this time last year, Realtor.com's study says. Compared to January 2022, active listings are up 65%.

-   The increase is not because of any big rise in new homes for sale. Instead, it's because sellers have been struggling to close home sales. There were actually fewer new listings at the start of this year compared to January 2022.

-   Home sales are down, and listings are sitting on the market longer thanks to [30-year fixed mortgage rates](https://money.com/current-mortgage-rates/) hovering at close to 7%, which many buyers can’t afford. These circumstances have given homebuyers some [increased negotiating powers](https://money.com/mortgage-rate-buydown-popular-how-to/) — if they can afford to purchase, of course.

-   Just because home sales are taking longer, that doesn’t mean prices are coming down. In fact, Realtor says home prices are rising in many cities, and [housing affordability](https://money.com/housing-affordability-low-mortgage-rates-falling/) is still a major issue nationwide.

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Not all products are eligible. All loans are subject to credit approval. [Additional](https://www.amerisave.com/lock-shop/) terms & conditions apply.

## The takeaway

Because home sales overall are down, buyers who can afford current mortgage rates or who can [pay cash](https://money.com/all-cash-home-sales-booming-cities/) have more inventory to pick from, as well as more time to bargain with sellers.

“Sellers might have to come down or find some other way to sweeten the deal for buyers,” Realtor Chief Economist Danielle Hale said in a news release.

These 10 metros have seen the biggest increases in homes for sale, according to the new study:

**1\. Ogden, Utah**  
Year-over-year active listings increase: 392%  
Median home list price: $542,450

**2\. Huntsville, Alabama**  
Year-over-year listings increase: 319%  
Median home list price: $389,800

**3\. Nashville, Tennessee**  
Year-over-year listings increase: 304%  
Median home list price: $504,950

**4\. Austin, Texas**  
Year-over-year listings increase: 260%  
Median home list price: $521,500

**5\. Sarasota, Florida**  
Year-over-year listings increase: 259%  
Median home list price: $539,750

**6\. Raleigh, North Carolina**  
Year-over-year listings increase: 255%  
Median home list price: $441,875

**7\. Fayetteville, Arkansas**  
Year-over-year listings increase: 211%  
Median home list price: $397,232

**8\. Phoenix, Arizona**  
Year-over-year listings increase: 190%  
Median home list price: $478,395

**9\. Seattle, Washington**  
Year-over-year listings increase: 181%  
Median home list price: $724,975

**10\. Colorado Springs, Colorado**  
Year-over-year listings increase: 164%  
Median home list price: $493,250

## New home, new possibilities

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Not all products are eligible. All loans are subject to credit approval. [Additional](https://www.amerisave.com/lock-shop/) terms & conditions apply.

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