What does this price cuts ranking show?

It orders states by Active listings with a price cut. It is a comparison of this one published measure, not an overall ranking of where to live.

Where do these figures come from?

Redfin Data Center Price Drops supplies this measure. States without a comparable published value are shown as not ranked rather than estimated.

How should I use this ranking?

Use it to narrow a search, then open a state or county profile for the underlying figures, source dates and caveats. A statewide number may not describe every neighbourhood.

Lowest price cuts by state

Active listings with a price cut.

This measure has no better end. The order describes the states, it does not rank them — see the other direction.

Share of active listings whose price was reduced. It describes seller repricing among homes currently for sale, not the share of homes that sold for less than their original list price. Redfin’s monthly Price Drops release is shown for the same month as the other market measures.

How to read this ranking

Rhode Island has the lowest published price cuts in this comparison, at 12.0%. The next states shown are Connecticut (12.5%) and Wisconsin (13.2%).

The table orders 51 states by active listings with a price cut. It describes one published measure, not an overall judgment about where to live.

Use the result as a starting point, then compare the underlying source, dates, and local county figures before making a decision. Share of active listings whose price was reduced. It describes seller repricing among homes currently for sale, not the share of homes that sold for less than their original list price. Redfin’s monthly Price Drops release is shown for the same month as the other market measures.

1Rhode Island12.0%
2Connecticut12.5%
3Wisconsin13.2%
4New Jersey13.3%
5Illinois13.4%
6Montana14.1%
7New Hampshire14.6%
8South Dakota15.1%
9New York15.1%
10Hawaii15.4%
11Vermont15.8%
12Alaska16.2%
13Massachusetts16.5%
14District of Columbia17.1%
15Virginia17.6%
16Maine17.6%
17California17.6%
18West Virginia17.7%
19Arkansas18.3%
20Alabama18.3%
21Wyoming18.7%
22Nevada18.9%
23Nebraska19.0%
24Kansas19.1%
25Michigan19.6%
26Ohio19.6%
27Pennsylvania19.7%
28Mississippi19.7%
29Iowa20.1%
30Delaware20.2%
31Missouri20.2%
32Idaho20.2%
33Kentucky20.3%
34New Mexico20.4%
35Maryland20.5%
36Minnesota20.9%
37Georgia20.9%
38Florida21.1%
39Oklahoma21.1%
40Louisiana21.3%
41North Carolina21.8%
42Washington21.8%
43Tennessee21.9%
44North Dakota22.1%
45Utah22.1%
46Colorado22.3%
47Arizona22.6%
48Oregon22.9%
49Indiana22.9%
50Texas23.0%
51South Carolina23.3%

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Frequently asked questions

What does this ranking show?: It orders states by Active listings with a price cut. It is one measure, not an overall verdict on where to live.
Where do the figures come from?: Redfin Data Center Price Drops. States without a comparable published figure are listed as not ranked rather than estimated.
How should I use it?: Use it to narrow your search, then open a state or county profile for the source date, caveats and local context.

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Free to use. The chart names its source and links back, so it stays honest wherever it ends up.

<iframe src="https://movermath.com/embed/price-cuts" width="100%" height="420" style="border:0" loading="lazy" title="Active listings with a price cut by state"></iframe>

Source: Redfin Data Center Price Drops. · How this is built

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