The 10 Best States for Selling Homes in 2024

In 2024, most housing markets have favored sellers over buyers, meaning that housing demand is exceeding supply, enabling sellers to mark up the prices of their homes. But not all states are the same. Some are even better for sellers than others.

Learn More: 3 Best States To Buy Property in the Next 5 Years, According to Experts

Find Out: How To Get Rich in Real Estate Starting with Just $1,000

GOBankingRates analyzed metro areas across the United States to find the most ideal places to sell your home. These are the 10 top states for home sellers in 2024.

Also see why selling a home costs more than you think .

Idaho

• Average home value: $563,088
• Market heat index: 28
• Share of listings with price cuts: 29.9%
• Share of homes that sold above listing price: 6.3%

Trending Now: 20 Best Cities Where You Can Buy a House for Under $100K

Be Aware: 6 Best Florida Suburbs to Buy Property in the Next 5 Years, According to Real Estate Agents

Money mistakes the super wealthy never make - that you might be doing now.

Hawaii

• Average home value: $1,144,226
• Market heat index: 33
• Share of listings with price cuts: 19.3%
• Share of homes that sold above listing price: 18.8%

For You: 5 Cities Where Homes Will Be a Total Steal In Two Years

Georgia

• Average home value: $394,685
• Market heat index: 42
• Share of listings with price cuts: 29.7%
• Share of homes that sold above listing price: 27.1%

Florida

• Average home value: $1,090,593
• Market heat index: 20
• Share of listings with price cuts: 22.5%
• Share of homes that sold above listing price: 5.1%

Delaware

• Average home value: $353,020
• Market heat index: 56
• Share of listings with price cuts: 26.0%
• Share of homes that sold above listing price: 27.4%

Discover More: 10 Worst Cities To Buy Property in the Next 5 Years, According to Real Estate Agents

Connecticut

• Average home value: $715,335
• Market heat index: 75
• Share of listings with price cuts: 14.8%
• Share of homes that sold above listing price: 62.5%

Colorado

• Average home value: $1,552,768
• Market heat index: 39
• Share of listings with price cuts: 15.7%
• Share of homes that sold above listing price: 16.4%

California

• Average home value: $1,712,181
• Market heat index: 84
• Share of listings with price cuts: 15.8%
• Share of homes that sold above listing price: 78.2%

Explore More: Housing Market 2024: Home Prices Are Plummeting in 10 Formerly Overpriced Housing Markets

Arkansas

• Average home value: $343,270
• Market heat index: 52
• Share of listings with price cuts: 26.1%
• Share of homes that sold above listing price: 16.8%

Alabama

• Average home value: $365,202
• Market heat index: 24
• Share of listings with price cuts: 24.0%
• Share of homes that sold above listing price: 9.0%

Methodology: For this study, GOBankingRates analyzed metro areas across the United States to find the best places to sell your home. Using the metros listed on Zillow Research Data, GOBankingRates found the average home values from July 2024, the market heat index, the shares of listings with a price cut, the median sale-to-list ratio and the percentage of homes sold above list, all sourced from Zillow Research Data. The market heat index was scored and weighted at 1.00, the sale-to-list ratio was scored and weighted at 1.00, the share of list with price cut was scored and weighted at 1.00, and the percentage of homes sold above list was scored and weighted at 1.00. All the scores were summed and sorted to show the best places to sell a home. Each state was averaged to find the best states to sell a home. All data was collected on and is up to date as of September 9, 2024.

This article originally appeared on GOBankingRates.com : The 10 Best States for Selling Homes in 2024