Looking for the hottest real estate markets in the US? The real estate market is strong in many metro areas across the United States where homes are being sold for more than their listed price. We’ve done the research for you, and we’ve found some metro areas in the US where homes are selling as high as 11% over the asking price! Some homes are even selling within just 12 days of being listed! We analyzed home sales data of January 2024 throughout the country and compiled a list of places where homes were sold for over asking prices.
Where are the Hottest Real Estate Markets in the US?
The hottest markets are in smaller metro areas like Greenwood, MS, Selma, AL, and Jefferson City, MO where homes are selling 9% over asking price. But this isn’t just happening in small metro areas. Even big metro areas like Newark, NJ are seeing homes sell for more than their listed price.
It’s also not confined to certain geographic parts of the country. We are also seeing homes sold above the asking price in the east coast like Hartford, CT and Buffalo, NY as well as the west coast like San Jose, CA. In these places, there aren’t enough homes for sale to meet the demand from buyers. Homes that go up for sale, end up with buyers bidding against each other, driving the price above the list price!
Places in the US Where Homes are Selling Over Asking Price
1. Greenwood, MS metro area
- Percent Over Asking Price: 11.70%
- Median Home Price: $251,202
- Days on Market: 17
- Homes Sold: 1
2. Selma, AL metro area
- Percent Over Asking Price: 9.90%
- Median Home Price: $72,500
- Days on Market: 85
- Homes Sold: 7
3. Jefferson City, MO metro area
- Percent Over Asking Price: 9.70%
- Median Home Price: $220,000
- Days on Market: 26
- Homes Sold: 73
4. Idaho Falls, ID metro area
- Percent Over Asking Price: 7.80%
- Median Home Price: $360,000
- Days on Market: 59
- Homes Sold: 87
5. Rochester, NY metro area
- Percent Over Asking Price: 7.30%
- Median Home Price: $201,000
- Days on Market: 12
- Homes Sold: 607
6. Pearsall, TX metro area
- Percent Over Asking Price: 4.50%
- Median Home Price: $375,000
- Days on Market: 57
- Homes Sold: 1
7. Los Alamos, NM metro area
- Percent Over Asking Price: 3.70%
- Median Home Price: $613,250
- Days on Market: 12
- Homes Sold: 18
8. Helena, AR metro area
- Percent Over Asking Price: 2.70%
- Median Home Price: $95,000
- Days on Market: 42
- Homes Sold: 4
9. Paris, TN metro area
- Percent Over Asking Price: 2.50%
- Median Home Price: $194,500
- Days on Market: 119
- Homes Sold: 10
10. Newark, NJ metro area
- Percent Over Asking Price: 2.50%
- Median Home Price: $520,000
- Days on Market: 32
- Homes Sold: 1,169
11. Hartford, CT metro area
- Percent Over Asking Price: 2.40%
- Median Home Price: $325,000
- Days on Market: 39
- Homes Sold: 804
12. Buffalo, NY metro area
- Percent Over Asking Price: 2.30%
- Median Home Price: $230,000
- Days on Market: 15
- Homes Sold: 640
13. San Jose, CA metro area
- Percent Over Asking Price: 2.20%
- Median Home Price: $1,370,000
- Days on Market: 28
- Homes Sold: 560
14. Syracuse, NY metro area
- Percent Over Asking Price: 2.10%
- Median Home Price: $205,000
- Days on Market: 30
- Homes Sold: 361
15. Oakland, CA metro area
- Percent Over Asking Price: 1.60%
- Median Home Price: $804,250
- Days on Market: 32
- Homes Sold: 970
16. Trenton, NJ metro area
- Percent Over Asking Price: 1.50%
- Median Home Price: $377,500
- Days on Market: 42
- Homes Sold: 191
17. Batavia, NY metro area
- Percent Over Asking Price: 1.40%
- Median Home Price: $167,000
- Days on Market: 17
- Homes Sold: 40
18. Joplin, MO metro area
- Percent Over Asking Price: 1.30%
- Median Home Price: $205,000
- Days on Market: 35
- Homes Sold: 139
19. Lancaster, PA metro area
- Percent Over Asking Price: 1.10%
- Median Home Price: $310,000
- Days on Market: 13
- Homes Sold: 284
20. Norwich, CT metro area
- Percent Over Asking Price: 1.00%
- Median Home Price: $319,950
- Days on Market: 37
- Homes Sold: 186
21. Manchester, NH metro area
- Percent Over Asking Price: 0.80%
- Median Home Price: $447,500
- Days on Market: 31
- Homes Sold: 238
22. Bridgeport, CT metro area
- Percent Over Asking Price: 0.70%
- Median Home Price: $537,000
- Days on Market: 53
- Homes Sold: 575
23. Nassau County, NY metro area
- Percent Over Asking Price: 0.70%
- Median Home Price: $635,500
- Days on Market: 29
- Homes Sold: 1,694
24. New Haven, CT metro area
- Percent Over Asking Price: 0.70%
- Median Home Price: $327,500
- Days on Market: 52
- Homes Sold: 518
25. Big Spring, TX metro area
- Percent Over Asking Price: 0.60%
- Median Home Price: $142,500
- Days on Market: 293
- Homes Sold: 2
26. Fredericksburg, TX metro area
- Percent Over Asking Price: 0.60%
- Median Home Price: $530,000
- Days on Market: 92
- Homes Sold: 19
27. Camden, NJ metro area
- Percent Over Asking Price: 0.60%
- Median Home Price: $320,000
- Days on Market: 28
- Homes Sold: 799
28. Springfield, MA metro area
- Percent Over Asking Price: 0.50%
- Median Home Price: $317,500
- Days on Market: 27
- Homes Sold: 379
29. Lebanon, PA metro area
- Percent Over Asking Price: 0.50%
- Median Home Price: $238,750
- Days on Market: 13
- Homes Sold: 68
30. New Brunswick, NJ metro area
- Percent Over Asking Price: 0.40%
- Median Home Price: $500,000
- Days on Market: 40
- Homes Sold: 1,665
31. Worcester, MA metro area
- Percent Over Asking Price: 0.40%
- Median Home Price: $410,000
- Days on Market: 28
- Homes Sold: 552
32. Albany, NY metro area
- Percent Over Asking Price: 0.40%
- Median Home Price: $275,000
- Days on Market: 20
- Homes Sold: 556
33. Stevens Point, WI metro area
- Percent Over Asking Price: 0.40%
- Median Home Price: $243,200
- Days on Market: 73
- Homes Sold: 36
34. Rockingham County, NH metro area
- Percent Over Asking Price: 0.40%
- Median Home Price: $513,000
- Days on Market: 44
- Homes Sold: 332
35. Bainbridge, GA metro area
- Percent Over Asking Price: 0.30%
- Median Home Price: $224,950
- Days on Market: 192
- Homes Sold: 2
36. Boston, MA metro area
- Percent Over Asking Price: 0.10%
- Median Home Price: $675,000
- Days on Market: 26
- Homes Sold: 1,961
37. Burley, ID metro area
- Percent Over Asking Price: 0.10%
- Median Home Price: $317,000
- Days on Market: 55
- Homes Sold: 21
38. Washington Court House, OH metro area
- Percent Over Asking Price: 0.10%
- Median Home Price: $144,450
- Days on Market: 47
- Homes Sold: 12
39. Vicksburg, MS metro area
- Percent Over Asking Price: 0.10%
- Median Home Price: $149,900
- Days on Market: 25
- Homes Sold: 3
40. Green Bay, WI metro area
- Percent Over Asking Price: 0.10%
- Median Home Price: $282,900
- Days on Market: 60
- Homes Sold: 175
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