Metros with the least housing inventory

Stacker compiled a list of the U.S. metro areas with the least 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.

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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 least 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.

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#25. Allentown, Pennsylvania

Beyonce245// Wikimedia

- Months of supply: 1.6
- Homes sold: 802
- Median sale price: $284,985

#24. San Jose, California

Don Ramey Logan // Wikicommons

- Months of supply: 1.6
- Homes sold: 997
- Median sale price: $1,350,000

#23. Rockford, Illinois

John Phelan // Wikimedia

- Months of supply: 1.5
- Homes sold: 389
- Median sale price: $153,000

#22. Syracuse, New York

Katherine Welles // Shutterstock

- Months of supply: 1.5
- Homes sold: 658
- Median sale price: $195,000

#21. Greensboro, North Carolina

Diego Delso // Wikimedia Commons

- Months of supply: 1.5
- Homes sold: 799
- Median sale price: $259,000

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#20. Winston-Salem, North Carolina

tweber1// Wikimedia

- Months of supply: 1.5
- Homes sold: 808
- Median sale price: $285,000

#19. Worcester, Massachusetts

Kristin Nador // Flickr

- Months of supply: 1.5
- Homes sold: 1,005
- Median sale price: $400,000

#18. Lincoln, Nebraska

SchuminWeb // Wikimedia Commons

- Months of supply: 1.4
- Homes sold: 373
- Median sale price: $270,000

#17. Fort Wayne, Indiana

Sean Pavone // Shutterstock

- Months of supply: 1.4
- Homes sold: 504
- Median sale price: $225,000

#16. Anchorage, Alaska

Rina Pitucci // Flickr

- Months of supply: 1.4
- Homes sold: 546
- Median sale price: $360,000

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#15. Wichita, Kansas

Stephen Zimmermann // Wikimedia Commons

- Months of supply: 1.4
- Homes sold: 649
- Median sale price: $225,000

#14. Roanoke, Virginia

Grguy2011 // Wikimedia Commons

- Months of supply: 1.3
- Homes sold: 344
- Median sale price: $260,000

#13. Manchester, New Hampshire

Ron Cogswell//Wikicommons

- Months of supply: 1.3
- Homes sold: 457
- Median sale price: $415,000

#12. Harrisburg, Pennsylvania

Roman Eugeniusz // Wikimedia Commons

- Months of supply: 1.3
- Homes sold: 610
- Median sale price: $240,700

#11. Buffalo, New York

Nicholas // Wikimedia Commons

- Months of supply: 1.3
- Homes sold: 1,146
- Median sale price: $227,250

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#10. Grand Rapids, Michigan

Jdcollins13 // Wikimedia Commons

- Months of supply: 1.3
- Homes sold: 1,148
- Median sale price: $290,000

#9. Richmond, Virginia

Smallbones // Wikimedia Commons

- Months of supply: 1.3
- Homes sold: 1,474
- Median sale price: $345,800

#8. Evansville, Indiana

Joseph Sohm // Shutterstock

- Months of supply: 1.2
- Homes sold: 345
- Median sale price: $210,000

#7. Reading, Pennsylvania

Smallbones // Wikimedia Commons

- Months of supply: 1.2
- Homes sold: 430
- Median sale price: $226,000

#6. Jacksonville, North Carolina

Theresa Marconi // Wikimedia Commons

- Months of supply: 1.2
- Homes sold: 506
- Median sale price: $250,000

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#5. York, Pennsylvania

Burkeanwhig // Wikimedia Commons

- Months of supply: 1.2
- Homes sold: 556
- Median sale price: $240,000

#4. Portland, Maine

davidwilson1949 // Flickr

- Months of supply: 1.2
- Homes sold: 721
- Median sale price: $450,500

#3. Lancaster, Pennsylvania

John Phelan // Wikimedia Commons

- Months of supply: 1
- Homes sold: 499
- Median sale price: $300,000

#2. Rochester, New York

Alycat // Wikimedia Commons

- Months of supply: 0.9
- Homes sold: 1,065
- Median sale price: $205,000

#1. Florence, Alabama

Lauram12345 // Wikicommons

- Months of supply: 0.1
- Homes sold: 2,779
- Median sale price: $119,000

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