Buffalo, New York, October 5, 2025
News Summary
Buffalo, New York has emerged as the fastest-selling housing market in the United States, with homes selling in an average of just 12 days. The median listing price is $239,000, making it attractive for buyers and investors. This rapid turnover contrasts with the national average of 51 days on the market. Other cities showing quick sales include Indianapolis and Kansas City. However, markets like South Florida face challenges with slow sales and rising ownership costs. Experts suggest that buyers may find better deals in rentals amidst these shifts.
Buffalo, New York – The Fastest-Selling Housing Market in the U.S.
As of July 2025, Buffalo, New York, boasts the shortest median time for home sales in the nation, with properties selling in an average of just 12 days on the market. Homes in Buffalo have a median listing price of $239,000, marking it as a prime location for prospective buyers and investors alike.
Following Buffalo are Indianapolis, Indiana, and Kansas City, Missouri, where homes sell in 16 days and 19 days, respectively. Indianapolis has a typical home price of $234,000, while Kansas City’s median listing price is slightly higher at just above $251,000. Other fast-selling markets include Providence, Rhode Island, at 18 days with a median price of $423,000, and Richmond, Virginia, where homes last around 14 days at a median price of $373,000.
In contrast, the overall median time for homes on the U.S. market as of June 2025 was 51 days, a 13% increase from the previous year. The rapid turnover of homes in these top metropolitan areas stands out when compared to the longer times seen in other regions across the country.
Variability in Turnaround Times
Home sales in the U.S. demonstrate a wide range of turnaround times, with certain regions, primarily in the Sun Belt, seeing substantial decreases in the time it takes to sell homes. Regions like Florida and Texas report significant population growth between 2020 and 2024, which has driven demand. However, a slowing trend is now evident in some of the previously hot markets, as supply begins to catch up to demand…