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Top 20 Most Dangerous Cities in Texas 2024: Crime Hotspots

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Are you considering moving to Texas, or are you just curious about the safest and most dangerous cities in the Lone Star State? Texas, known for its vibrant culture, diverse landscapes, and booming economy, also boasts a vast array of cities, each with its own unique character. While Texas is generally considered a safe state, it's crucial to understand that crime rates can vary significantly between cities.

In this comprehensive report, we will delve into the top 20 most dangerous cities in Texas, analyzing crime statistics, exploring potential contributing factors, and providing valuable insights for residents and visitors alike.

It's crucial to acknowledge that crime statistics provide a snapshot of crime trends but do not tell the whole story. Factors like population density, socioeconomic conditions, and local policing strategies can all influence crime rates. Additionally, these rankings are based on crime index values, which are not always a direct reflection of personal safety experiences.

🚨 Top 20 Most Dangerous Cities in Texas

Before we dive into the list, it's important to understand how crime data is collected and interpreted. The data used in this article is sourced from USA.com. It is an indicator of the crime level in a region. The crime index used in this ranking is a numerical representation of crime rates, with higher values indicating higher crime levels.

Here's a breakdown of the top 20 most unsafe cities in Texas based on their crime index values:

Rank Crime Index City / Population
1 10,358 South Padre Island, TX / 2,886
2 6,844 Balcones Heights, TX / 2,825
3 5,763 Sunset Valley, TX / 697
4 5,023 Bellmead, TX / 10,052
5 4,786 Humble, TX / 15,402
6 4,359 Lake Worth, TX / 4,671
7 4,194 Cleveland, TX / 7,684
8 4,012 Raymondville, TX / 11,226
9 3,925 Texarkana, TX / 36,999
10 3,756 Port Aransas, TX / 3,677
11 3,443 Balch Springs, TX / 24,693
12 3,427 Alice, TX / 19,358
13 3,419 Houston, TX / 2,167,988
14 3,393 Beaumont, TX / 117,543
15 3,369 Dallas, TX / 1,240,985
16 3,332 Webster, TX / 10,898
17 3,262 Shenandoah, TX / 2,397
18 3,233 Galveston, TX / 48,513
19 3,204 Aransas Pass, TX / 8,287
20 3,192 Weslaco, TX / 36,752

City-Specific Crime Insights

South Padre Island, TX: Known for its beautiful beaches and vibrant nightlife, South Padre Island faces a high crime rate, especially related to property crimes. The city's high tourist population and seasonal influx of visitors can contribute to this trend.

Balcones Heights, TX: A small city located just outside of San Antonio, Balcones Heights has been grappling with a high crime index, particularly concerning violent crimes. The city is actively working on implementing community policing initiatives and crime prevention programs.

Sunset Valley, TX: Situated near Austin, Sunset Valley boasts a low population but a relatively high crime index, potentially due to its proximity to larger cities with higher crime rates.

Bellmead, TX: Bellmead is a mid-sized city near Waco, and its crime index reflects a concern about property crimes and drug-related offenses.

Humble, TX: Humble, a suburban city near Houston, has seen a significant rise in property crimes in recent years. Efforts to address this trend include increasing police presence and community outreach.

Lake Worth, TX: Located in the Dallas-Fort Worth metropolitan area, Lake Worth faces a high crime index, particularly concerning violent crimes. The city is actively working to improve public safety through community policing and crime prevention initiatives.

Cleveland, TX: A growing city near Houston, Cleveland faces a concerning crime index, with property crimes being the most prevalent issue. The city is investing in community development and crime prevention programs to address these challenges.

Raymondville, TX: Raymondville, a city in the Rio Grande Valley, faces a high crime index, particularly concerning drug-related crimes. The city is working on collaborating with law enforcement agencies and community organizations to reduce crime rates.

Texarkana, TX: Texarkana is located on the Texas-Arkansas border and has been grappling with a high crime index. The city is working on a range of initiatives to address the issue, including improved community policing and crime prevention programs.

Port Aransas, TX: Similar to South Padre Island, Port Aransas is a popular tourist destination, and its crime index is influenced by the influx of visitors and seasonal fluctuations.

Balch Springs, TX: Located near Dallas, Balch Springs has been facing a high crime index, particularly concerning violent crimes. The city is working on implementing community outreach programs and increasing police patrols to address these concerns.

Alice, TX: A city in South Texas, Alice has a high crime index, with property crimes being the most prevalent issue. The city is actively working to improve public safety through community policing and crime prevention initiatives.

Houston, TX: As the largest city in Texas, Houston faces a high crime index. The city's sprawling urban environment and diverse population contribute to crime rates. However, Houston also boasts a large police force and a commitment to community safety.

Beaumont, TX: Beaumont, a city in Southeast Texas, has a high crime index, with property crimes and drug-related crimes being prominent issues. The city is implementing strategies to address these concerns, including community policing and crime prevention programs.

Dallas, TX: Dallas, the second-largest city in Texas, faces a high crime index. The city has been implementing a range of initiatives to address crime, including community policing, crime prevention programs, and investment in public safety infrastructure.

Webster, TX: Located near Houston, Webster has a high crime index, particularly concerning property crimes. The city is working to address this trend through community outreach and increased police presence.

Shenandoah, TX: A small city near The Woodlands, Shenandoah has experienced a rise in property crimes, contributing to its relatively high crime index.

Galveston, TX: Galveston, a popular tourist destination on the Gulf Coast, faces a high crime index, influenced by its tourist population and seasonal fluctuations.

Aransas Pass, TX: A coastal city near Corpus Christi, Aransas Pass has a high crime index, particularly concerning property crimes. The city is actively working to implement crime prevention programs and enhance public safety measures.

Weslaco, TX: Weslaco, a city in the Rio Grande Valley, has a high crime index, with property crimes being a significant concern. The city is working on strengthening community policing strategies and investing in crime prevention initiatives.

Factors Contributing to High Crime Rates in these Texas Cities

Several factors contribute to high crime rates in these cities, including:

  • Economic Disparities: Poverty, unemployment, and limited access to resources can create conditions that lead to crime.
  • Population Density: Crowded urban environments can sometimes result in increased crime rates.
  • Drug Trafficking: The illegal drug trade can fuel violence and other criminal activities.
  • Gang Activity: Gang presence and territorial disputes can contribute to violent crime.
  • Limited Resources: Inadequate funding for law enforcement, social services, and community development can hinder efforts to prevent crime.

Strategies for Enhancing Public Safety

To address high crime rates, cities in Texas are employing various strategies, including:

  • Community Policing: Building strong relationships between police officers and residents, encouraging community engagement in crime prevention.
  • Crime Prevention Programs: Implementing programs to address root causes of crime, such as poverty, unemployment, and lack of educational opportunities.
  • Social Services: Providing support for vulnerable populations, including housing assistance, job training, and mental health services.
  • Investment in Infrastructure: Improving public spaces, street lighting, and security measures to deter crime.
  • Technology and Data Analytics: Using data-driven approaches to identify crime hot spots and allocate resources effectively.

Staying Safe in Texas Cities

While crime can be a concern, it's important to remember that most cities in Texas are safe. By taking sensible precautions, you can significantly reduce your risk of becoming a victim of crime:

  • Be Aware of Your Surroundings: Pay attention to your surroundings and avoid walking alone in dark or isolated areas.
  • Don't Display Expensive Items: Avoid flaunting valuables like jewelry or electronic devices.
  • Trust Your Instincts: If you feel unsafe, trust your instincts and remove yourself from the situation.
  • Report Suspicious Activity: If you see something suspicious, contact the police immediately.
  • Be Cautious Online: Protect your personal information and be wary of online scams.
  • Invest in Safety Measures: Consider installing home security systems, using personal alarms, and learning self-defense techniques.

While the crime index offers valuable insights into crime trends, it's important to remember that it's just one factor to consider when evaluating the safety of a city. Understanding the contributing factors to high crime rates, exploring the strategies employed by local authorities, and practicing common-sense safety measures can significantly enhance your experience living or visiting Texas. Remember, safety is a shared responsibility, and by working together, we can create safer and more vibrant communities across the Lone Star State.

FAQs

Q: What is the safest city in Texas?

A:  Kempner, with a population of around 1,133, currently has the lowest crime index in Texas; therefore, it can be considered the safest city in Texas. However, it's crucial to note that safety is subjective, and factors like personal experiences and neighborhood conditions can vary.

Q: Is Texas a safe state overall?

A: Texas is generally considered a safe state, but crime rates can vary significantly between cities. Overall, Texas has a crime rate that is slightly lower than the national average.

Q: What can I do to reduce my risk of becoming a victim of crime in Texas?

A: Practice common-sense safety measures, like being aware of your surroundings, not displaying valuables, and reporting suspicious activity. You can also consider taking self-defense classes or installing home security systems.

Q: How can I find out more about crime rates in specific areas of Texas?

A: You can access crime statistics for specific cities and neighborhoods through online resources like USA.com, the FBI's Uniform Crime Reporting program, and local law enforcement websites.

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This Texas Housing Market is the Best in the U.S. [2024 Rankings]

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As the sun shines brightly over the Lone Star State, the Texas real estate market continues to attract the attention of homebuyers and investors alike. In recent analyses, Texas has emerged as a frontrunner, with cities like McKinney and Frisco being highlighted as some of the best real estate markets in the country. This article delves into why the Texas real estate market is considered the best in the U.S. for 2024, providing insights supported by credible data.

Key Takeaways

  • McKinney, TX, ranks as the best real estate market in the U.S.
  • Frisco, TX, follows closely, boasting a high percentage of new constructions.
  • Cary, NC, also ranks among the top markets due to its affordability and job growth.
  • Texas cities offer excellent opportunities for both new homebuyers and seasoned investors.

The Winning Formula of Texas Real Estate

The recent report from WalletHub evaluated 300 U.S. cities based on 17 key metrics such as housing affordability, home price appreciation, and job growth. Currently, Texas cities are showing significant promise both for new homebuyers and investors, as they offer an attractive combination of affordability, job opportunities, and modern housing options.

Cassandra Happe, a WalletHub analyst, emphasizes that while current home prices are essential, many other factors play a pivotal role in determining the vitality of a city's real estate market. She notes, “The best cities may not always be the cheapest, but they offer excellent housing options and long-term stability.” This insight accurately describes what many Texas cities represent today.

1. McKinney, TX: The Best Real Estate Market

Growth and New Constructions

McKinney, TX, has distinguished itself as the top real estate market in the country. The city boasts a remarkable 35% share of homes built between 2010 and 2021, which translates to a wealth of options for new buyers seeking modern residences that require minimal maintenance. Additionally, McKinney has the highest number of building permits issued per capita, indicating a strong pipeline of new housing developments.

Affordability and Job Market

While McKinney is not the cheapest city, it maintains a balanced affordability ratio with a median home price at 353% of the median income. This positions it as the 76th cheapest out of the 300 cities assessed. Furthermore, maintenance and utility costs are reasonably low, ranking amongst the 40 least expensive cities. The city's job market is thriving, with a job growth rate nearing 14% annually, placing it as the 13th highest in the nation.

For more details, check the WalletHub report on McKinney.

2. Frisco, TX: A Close Contender

Frisco, TX, earns the title of the second-best real estate market in the U.S. with nearly 42% of homes built in the last decade. The allure of buying a recently constructed home is significant, as it often alleviates the burden of immediate repairs or renovations.

Living Costs

Home prices in Frisco are favorable when compared to residents' incomes, ranking as the 84th cheapest on WalletHub's list. Moreover, the cost of utilities, including phone services and energy, is notably low, placing Frisco as the 10th cheapest city for these services.

A Booming Job Market

The job growth rate in Frisco stands impressively at 3.7% annually, making it an attractive destination for those pursuing new employment opportunities alongside homeownership.

For further insights, please visit the Frisco Official Website for information on their awards and honors related to real estate.

3. Cary, NC: An Outlier Worth Mentioning

While Texas cities lead the charge, Cary, North Carolina, also makes a strong case as the third-best real estate market due to its low cost of living. Cary offers significantly lower home energy costs and has a favorable job market, which allows residents to consistently meet their mortgage obligations.

Purchase and Maintenance Costs

Despite being slightly pricier than its Texan counterparts, Cary remains in the lower tier of affordability rankings, placing 94th in WalletHub's study. Buyers can expect an appreciation rate of 1.3% per year, providing potential long-term gains on their investments.

You can read more about Cary's market trends at this Zillow link.

Why Texas?

The Texas real estate market's overall appeal stems from several factors:

  • Economic Diversity: Texas hosts a myriad of industries, providing ample job opportunities that drive demand for housing.
  • Population Growth: The state's welcoming policies and favorable climate continue to attract newcomers, increasing the need for housing.
  • Regulatory Advantage: Texas has a relatively lower regulatory burden, which facilitates the smooth development of new homes.

Conclusion

As we look into 2024, the Texas real estate market stands tall, particularly with cities like McKinney and Frisco leading the way. Their combination of job growth, new constructions, and affordability position them as prime locations for homebuyers and investors alike. With a healthy market supported by a growing economy, Texas is poised to maintain its status as a top choice for real estate.

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Texas Housing Market Cools Down: Boon for First-Time Buyers?

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The Texas housing market, once a hotbed of activity fueled by pandemic-era trends, is experiencing a shift. After a period of rapid price increases, some areas of the state are now seeing home values decline. This marks a significant change from the previous seller's market that dominated the real estate landscape for several years.

While the national housing market continues to see price growth, surpassing 4% according to Redfin's data, Texas is charting a different course. Cities like Austin, a major beneficiary of the pandemic relocation wave, witnessed a nearly 3% price drop compared to the same period last year. San Antonio and Fort Worth also saw price declines of 1.2%, indicating a broader slowdown across the state.

This trend presents a potential silver lining for both buyers and sellers. For aspiring homeowners, the decrease in prices offers a long-awaited opportunity. Previously, skyrocketing costs coupled with rising mortgage rates, reaching two-decade highs above 7%, pushed many hopeful buyers to the sidelines. The current market shift could allow them to re-enter the market and finally realize their dream of homeownership.

Sellers, on the other hand, may face a slightly different scenario. While a decline in prices could impact their potential equity gains, it can also lead to a more receptive buyer pool. Homes that may have languished on the market during the peak seller's period could now attract more serious interest from buyers with a wider range of options to choose from.

Texas Realtors reported an increase in the number of homes listed for sale, a positive sign for buyers seeking more choices. However, the overall inventory remains below ideal levels. A healthy housing market typically requires 6 to 6.5 months of supply, but Texas currently sits at just 3.8 months. This limited inventory continues to be a concern, suggesting that a true buyer's market may not be fully established yet.

Industry leaders believe the Texas housing market is transitioning towards a more balanced state. This shift comes after a period of intense competition for buyers during the pandemic. Currently, buyers have more opportunities to carefully evaluate properties before making an offer. While high interest rates remain a hurdle, the market is presenting new opportunities for buyers seeking to enter the market.

The Texas housing market is in a state of transition. While sellers may see some price adjustments, increased buyer options offer a chance to finally offload properties. For buyers, the wait may finally be over, with a chance to secure their dream home at a more moderate price point. However, limited inventory remains a hurdle, and the full picture of the market's direction will likely become clearer in the coming months.

Navigating the Shifting Texas Housing Market

The Texas housing market, like any regional market, is influenced by a confluence of factors. While the recent price decline can be attributed to a national trend, several Texas-specific factors are at play. Let's delve deeper into three key influences:

  1. Interest Rates: Mortgage rates are a significant determinant of housing affordability. The recent surge in mortgage rates, reaching two-decade highs above 7%, has undoubtedly impacted affordability in Texas. Higher rates translate into larger monthly mortgage payments, effectively reducing the borrowing power of buyers. This can lead to a decrease in demand, putting downward pressure on home prices.
  2. Migration Patterns: Texas has historically been a destination state, attracting residents from across the country due to its favorable job market, business climate, and relatively lower cost of living. This influx of new residents has fueled housing demand and price appreciation. However, recent migration trends suggest a potential shift. With remote work opportunities becoming more prevalent, some companies that previously had a strong presence in Texas are no longer geographically restricted in their hiring. This could lead to a slowdown in migration to the state, impacting housing demand.
  3. Texas Economy: The overall health of the Texas economy is another crucial factor. While Texas boasts a diversified economy, the state's economic fortunes are closely tied to the energy sector. A downturn in the energy industry could lead to job losses and economic hardship, impacting the housing market through a decline in buyer demand. The forecast suggests job growth in Teaxs will exceed the state's long-term average of about 2.0 percent, and employment in December 2024 will reach 14.4 million, with growth through the remainder of the year also at 2.3 percent.

These factors, along with national economic trends, will likely continue to shape the Texas housing market in the coming months. It is important to note that the Texas economy is generally considered strong, and the job market remains healthy. This could help mitigate the negative impacts of rising interest rates and potentially slowing migration.

Here's a table summarizing the impact of these factors on the Texas housing market:

Factor Impact on Housing Market
Interest Rates Rising rates decrease affordability, potentially reducing demand and lowering home prices
Migration Patterns A slowdown in migration could decrease demand and put downward pressure on prices
Texas Economy A strong Texas economy can help offset the negative impacts of other factors

It is important to stay informed about these trends as they evolve to make informed decisions about buying or selling a home in Texas.

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Is the Austin Housing Market Shifting? Here’s What Experts Say

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The Austin housing market, once a beacon of frenzied activity and skyrocketing prices, is now experiencing a notable shift. Prices dip, inventory rises – is it a buyer's market now? From the dizzying highs of the pandemic era to a more tempered landscape, let's explore into the dynamics shaping Austin's real estate market in 2024. Here are the latest trends in the Austin housing market.

Austin's Pandemic Boom

According to a report published on Yahoo Finance. during the COVID-19 pandemic, Austin experienced a remarkable surge in home prices, driven by an influx of remote workers seeking space, affordability, and, in Texas' case, tax advantages. The average home price in the Texas capital soared by $170,000, leading to a scenario where some buyers were offering staggering sums over asking prices. This surge in demand, coupled with limited inventory, propelled Austin's real estate market to unprecedented levels of growth.

However, as the pandemic wanes and economic dynamics evolve, the once red-hot Austin housing market is now witnessing significant corrections. According to Realtor.com, the median price per square foot has declined by 9.5% from its pandemic peak, signaling a shift in momentum. As mortgage rates rise, new construction enters the market, and some out-of-towners depart, the fervor that characterized Austin's housing boom is gradually subsiding.

Factors Driving the Change in the Austin Housing Market

Several factors contribute to the evolving landscape of Austin's real estate market. The influx of remote workers and tech employees, attracted by Austin's burgeoning tech scene and favorable tax environment, played a pivotal role in driving up home prices. However, as the initial wave of migration subsides and housing inventory increases, the dynamics are undergoing a recalibration.

Population estimates from the US Census Bureau reveal the rapid pace at which Austin's metro area expanded during the pandemic. However, recent data indicates a slowdown in population growth, with Travis County experiencing negative net migration between 2022 and 2023. While the exact reasons behind this shift are multifaceted, it suggests a nuanced interplay between economic factors and lifestyle preferences.

While new construction endeavors sought to bridge the inventory gap, they proved insufficient to meet the surging demand. Consequently, the average home price in Austin surged from $420,000 in 2020 to $590,000 in 2022, underscoring the imbalance between supply and demand.

The current state of Austin's housing market reflects a period of transition. While inventory levels have increased, the market remains tilted towards sellers, with a current inventory of 3.8 months. However, this represents a departure from the frenetic pace witnessed during the peak of the pandemic, signaling a gradual return to equilibrium.

The shifts in Austin's housing market are not uniform across all neighborhoods. While some areas experience significant price corrections, others maintain resilience, buoyed by factors such as proximity to urban centers and amenities. For instance, Round Rock, located just north of Austin, witnessed a softening of prices but remains above pre-pandemic levels.

Buyer behavior is also evolving in response to changing market conditions. The days of frenzied bidding wars and rushed purchases are giving way to a more deliberative approach. Homes are staying on the market longer, with some properties lingering for up to two months if not priced competitively. This shift underscores a broader trend towards market stabilization and increased buyer discretion.

In summary, Austin's once red-hot housing market is shifting gears. After a period of explosive growth, a sense of equilibrium is emerging. While numerous factors contribute to this change, the underlying story is one of a maturing market. This translates to more stability and long-term sustainability for Austin's housing scene.

Florida & Texas Housing Market Slowdown: Prices Stall as Inventory Piles Up

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Once-booming housing markets in Florida & Texas hit a snag. Is this the end of the surge? Homebuyers across the country are facing a familiar foe: a lack of listings. Many homeowners, locked in with historically low mortgage rates, are reluctant to sell. But in the Sunshine State and the Lone Star State, a different story is unfolding.

A recent report by Redfin, a real estate brokerage, reveals a surge in housing supply in several Florida metros. This March saw a 50% jump in listings compared to the previous year. This trend is attributed to a combination of factors: increased construction and shifting affordability dynamics.

Redfin's report, encompassing 85 major U.S. metropolitan areas with populations exceeding 750,000, paints a contrasting picture for Florida and Texas. While the nationwide trend leans towards limited inventory, these Sun Belt states are experiencing a glut. The good news for homebuyers struggling with rising mortgage rates and skyrocketing prices is a potential easing of the affordability squeeze.

According to Daryl Fairweather, Redfin's chief economist, the Sun Belt's construction boom is a response to the recent surge in migration. However, the report also highlights a downside: many of these new listings are lingering on the market, leading to stagnant prices.

Housing supply has increased the most in the following five metro areas, on a year-over-year basis, according to Redfin:

Cape Coral leads the pack with a whopping 51% year-over-year increase in listings, followed closely by North Port-Sarasota (48%), Fort Lauderdale (30%), and Tampa (29%). Even Texas' McAllen market saw a jump of 25%.

Metro Year-over-year increase in supply
Cape Coral, Fla. 51%
North Port-Sarasota, Fla. 48%
Fort Lauderdale, Fla. 30%
Tampa, Fla. 29%
McAllen, Texas 25%

This surge in supply comes amidst a noticeable decline in buyer demand. Local real estate agents paint a picture of a dramatic shift from the competitive frenzy of just two years ago. Eric Auciello, a Tampa-based Redfin sales manager, highlights North Port as a prime example. “It was a dream location for remote workers seeking affordability,” he says, “but the shortage of homes has vanished, and so has the intense competition.”

Auciello goes on to suggest a potential correction in overheated markets, particularly Sarasota. “Years of inflated prices seem to be catching up,” he remarks, implying a return to a more balanced market.

“Just two short years ago,” he says, “North Port was a red-hot market – a haven for remote workers seeking affordability. Now, with a glut of homes on the market, the competition has vanished.” Auciello even suggests a potential correction in previously overvalued markets like Sarasota, hinting at a return to a more balanced market.

This surge in supply is coupled with a rise in price cuts. Metro areas like North Port-Sarasota (48%) and Tampa (44%) are seeing a significant portion of listings drop their asking price. This trend suggests a shift in power dynamics, with buyers potentially gaining some negotiating leverage.

Metro Share of listings with a price cut
North Port-Sarasota, Fla. 48%
Tampa, Fla. 44%
Indianapolis, Ind. 43%
Cape Coral, Fla. 41%
Denver, Colo. 37%

Beyond the national lock-in effect of low mortgage rates, Florida faces unique challenges that are pushing some homeowners to reconsider ownership. According to Redfin's chief economist, Daryl Fairweather, rising homeowner association fees, maintenance costs, and particularly, soaring insurance premiums are putting a strain on affordability.

“Florida homeowners pay the most for insurance in the country,” Fairweather explains, citing a projected average annual rate of over $11,000 – a stark contrast to the national average of $2,500. These rising costs are forcing some homeowners to confront the math, and for some, selling their property becomes a more attractive option.”

So, is a price crash imminent? Not necessarily. While Florida sees the most price drops, Fairweather suggests a market correction rather than a complete collapse. Additionally, lower mortgage rates could entice new buyers despite the cost burdens. However, the long-term impact of these rising ownership costs remains to be seen.

Nationally, the situation is a mirror image. New listings are down, and existing homeowners, locked into historically low rates, are reluctant to sell. This dynamic has pushed the median home sale price up 5% year-over-year, creating a scenario where buyers face limited options and potentially higher prices.

This data in the came from a list of 85 U.S. metro areas with populations of at least 750,000. Select metros may be excluded from time to time to ensure data accuracy.

New Listings: Looking to buy? Head to California's golden triangle! Sacramento, San Jose, and Las Vegas saw the biggest jumps in new listings compared to last year, with increases of 20%, 18%, and 15% respectively. On the other hand, if you're selling, some cities might offer a tougher market. Boston, Rochester, and Atlanta saw the biggest drops in new listings year-over-year.

Closed Sales: While overall sales dipped slightly, a few cities bucked the trend. San Jose, Milwaukee, and Tulsa all saw a slight uptick in closed sales compared to March 2023. Meanwhile, Tacoma, West Palm Beach, and Grand Rapids experienced the biggest decline.

Competition: Bidding wars may still be a reality in some areas! San Jose takes the crown for the most homes selling above list price at a whopping 72%. Rochester and Oakland also saw a high percentage of homes exceeding asking price. However, for buyers looking for a more balanced market, North Port, West Palm Beach, and Cape Coral might be interesting options, with a much lower share of homes selling above list price.

Speed of Sale: Hoping for a quick sale? Rochester takes the cake! An impressive 82% of homes under contract went off the market within two weeks. Seattle and Grand Rapids also boast speedy sales, with a high percentage of homes going under contract within two weeks. If a leisurely browsing experience is more your style, Honolulu, Tucson, and McAllen might be better choices, with a lower percentage of homes selling quickly.

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