Market Snapshot: U.S. Cities Where Home Prices, New Listings Are on the Rise

U.S. housing market activity is seeing plenty of jumps – especially when compared to one year ago.

According to the latest RE/MAX National Housing Report, the median home sales price across the 52 U.S metro areas surveyed was $427,000 in December 2024, up $25,000 from December 2023. The number of newly listed homes was up 7.5% from a year prior, too.

Here’s a closer look at the markets that saw significant annual spikes in these two metrics:

Dover, Delaware
Home prices in the Dover area were up 13.3% compared to December 2023. The median sales price for this metro was $350,000, and listings spent an average of 29 days on the market before selling.

Cleveland, Ohio
Home prices in the Cleveland area were up 13.1% compared to December 2023. The median sales price for this metro was $236,875, and listings spent an average of 41 days on the market before selling.

Trenton, New jersey
Home prices in the Trenton area were up 11.1% compared to December 2023. The median sales price for this metro was $450,000, and listings spent an average of 26 days on the market before selling.

Detroit, Michigan
Home prices in the Detroit area were up 11.1% compared to December 2023. The median sales price for this metro was $261,000, and listings spent an average of 40 days on the market before selling.

Chicago, Illinois
Home prices in the Chicago area were up 10% compared to December 2023. The median sales price for this metro was $330,000, and listings spent an average of 39 days on the market before selling.

Burlington, Vermont
New listings in the Burlington area were up 32.1% compared to December 2023. The median sales price for this metro was $425,000, and listings spent an average of 44 days on the market before selling.

Manchester, New Hampshire
New listings in the Manchester area were up 30.6% compared to December 2023. The median sales price for this metro was $487,500, and listings spent an average of 29 days on the market before selling.

Las Vegas, Nevada
New listings in the Las Vegas area were up 30.2% compared to December 2023. The median sales price for this metro was $435,000 and listings spent an average of 51 days on the market before selling.

Honolulu, Hawaii
New listings in the Honolulu area were up 27.7% compared to December 2023. The median sales price for this metro was $777,500, and listings spent an average of 55 days on the market before selling. 

Fayetteville, Arkansas
New listings in the Fayetteville area were up 26.3% compared to December 2023. The median sales price for this metro was $355,000, and listings spent an average of 83 days on the market before selling.

For more insight on what this data could mean for homebuyers and sellers, check out the most recent National Housing Report coverage on RE/MAX News.

If you’re ready to make a move, get in touch with a local RE/MAX agent today.

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