Metros with the most housing inventory

Stacker compiled a list of the U.S. metro areas with the greatest inventory of active listings, using Redfin data and months of supply metric. Only metro areas where at least 300 homes sold in October 2022 were included. Metros include suburbs and other municipalities in the area.

Posted

Hannamariah // Shutterstock

Housing has been in short supply for much of the last decade in the U.S. — though with interest rates rising and demand from buyers cooling quickly, that could change.

Stacker compiled a list of the U.S. metro areas with the greatest inventory of active listings, using Redfin's data and months of supply metric. Only metro areas where at least 300 homes sold in October 2022 were included. Metros include suburbs and other municipalities in the area.

Months of supply is total inventory divided by home sales in October 2022. All data is for October 2022. Months of supply was used rather than total inventory because it adjusts for population. The cities with the most total inventory are often the biggest cities, so it's necessary to compare that number to total sales to get a sense of how many houses are available.

You may also like: What the 50 biggest cities in America looked like 50 years ago

#25. Chicago

Christopher & Amy Esposito // Wikicommons

- Months of supply: 3.5
- Homes sold: 6,524
- Median sale price: $300,000

#24. Houston

skeeze // Pixabay

- Months of supply: 3.5
- Homes sold: 6,710
- Median sale price: $330,000

#23. Tucson, Arizona

Zereshk // Wikimedia

- Months of supply: 3.6
- Homes sold: 1,005
- Median sale price: $346,000

#22. Riverside, California

Daniel Orth // Flickr

- Months of supply: 3.6
- Homes sold: 3,495
- Median sale price: $535,000

#21. Ogden, Utah

Scott Catron // Wikimedia Commons

- Months of supply: 3.7
- Homes sold: 568
- Median sale price: $450,000

You may also like: Best big cities to live in America

#20. Crestview, Florida

Ebyabe // Wikicommons

- Months of supply: 3.7
- Homes sold: 732
- Median sale price: $437,000

#19. Cape Coral, Florida

Sanibel Sun // WikiCommons

- Months of supply: 3.7
- Homes sold: 1,100
- Median sale price: $390,000

#18. Pittsburgh

ESB Professional // Shutterstock

- Months of supply: 3.7
- Homes sold: 1,997
- Median sale price: $215,000

#17. Fort Lauderdale, Florida

KeanoManu // Wikimedia Commons

- Months of supply: 3.8
- Homes sold: 2,351
- Median sale price: $390,000

#16. New Orleans, Louisiana

Pedro Szekely // flickr

- Months of supply: 3.9
- Homes sold: 1,021
- Median sale price: $277,683

You may also like: The richest town in every state

#15. Philadelphia

f11photo // Shutterstock

- Months of supply: 3.9
- Homes sold: 1,700
- Median sale price: $260,000

#14. Reno, Nevada

Lómelinde // Wikicommons

- Months of supply: 4
- Homes sold: 453
- Median sale price: $525,000

#13. San Antonio, Texas

Pixabay

- Months of supply: 4
- Homes sold: 2,242
- Median sale price: $325,000

#12. Atlantic City, New Jersey

Dough4872 // Wikicommons

- Months of supply: 4.1
- Homes sold: 348
- Median sale price: $275,000

#11. Myrtle Beach, South Carolina

DANIEL SLIM/AFP // Getty Images

- Months of supply: 4.1
- Homes sold: 1,593
- Median sale price: $340,790

You may also like: These are best cities to raise a family in

#10. Provo, Utah

Ben P L // Wikimedia Commons

- Months of supply: 4.2
- Homes sold: 486
- Median sale price: $506,714

#9. Port St. Lucie, Florida

Felix Mizioznikov // Shutterstock

- Months of supply: 4.2
- Homes sold: 758
- Median sale price: $380,000

#8. West Palm Beach, Florida

randy andy // Shutterstock

- Months of supply: 4.3
- Homes sold: 2,035
- Median sale price: $428,000

#7. Phoenix

Distrito Medico Monterrey // Flickr

- Months of supply: 4.3
- Homes sold: 4,921
- Median sale price: $450,000

#6. Panama City, Florida

Kolossos // Wikimedia Commons

- Months of supply: 4.5
- Homes sold: 442
- Median sale price: $365,000

You may also like: 10 hacks to make any room in your home look bigger

#5. Austin, Texas

King of Hearts // Wikimedia

- Months of supply: 4.8
- Homes sold: 2,195
- Median sale price: $475,000

#4. Las Vegas

Skyguy414 // Wikicommons

- Months of supply: 4.9
- Homes sold: 2,271
- Median sale price: $410,000

#3. McAllen, Texas

Edmund Garman // Flickr

- Months of supply: 5.1
- Homes sold: 311
- Median sale price: $225,000

#2. Miami

Jodybwiki // Wikimedia Commons

- Months of supply: 5.1
- Homes sold: 2,204
- Median sale price: $475,500

#1. New York, New York

BDS2006 // Wikimedia

- Months of supply: 5.1
- Homes sold: 5,253
- Median sale price: $661,000

You may also like: Iconic buildings from every state