Types of Homes That Sell the Fastest (2024)

byMarie Albao/November 10, 2023/inBlog, Ideas

Selling a home can be an exciting but sometimes daunting process. While market conditions, location, and pricing all play a crucial role in how quickly a property sells, the type of home you’re selling can also have a significant impact. In this article, we’ll explore the five types of homes that tend to sell the fastest in various real estate markets. Whether you’re a seller looking to make a quick sale or a buyer interested in what’s in demand, understanding these property types can provide valuable insights.

Types of Homes That Sell the Fastest (1)

1. Starter Homes

Starter homes are typically smaller, more affordable properties perfect for first-time buyers or individuals looking to downsize. They often feature two to three bedrooms and one or two bathrooms. What makes starter homes sell quickly is their affordability and broad appeal to a wide range of buyers. Young professionals, newlyweds, and small families are often on the lookout for these entry-level properties.

Tip: To ensure a quick sale for your starter home, focus on modernizing and staging it attractively. Minor repairs and updates can go a long way in making your property more appealing to potential buyers.

2. Updated and Well-Maintained Properties

Homes that are well-maintained and recently updated tend to sell faster than those in need of significant renovations. Buyers are often willing to pay a premium for properties that are move-in ready. This includes houses with updated kitchens, bathrooms, and energy-efficient features.

Tip: If you’re selling an updated home, highlight these features in your listing, and consider investing in professional staging to showcase the property’s full potential.

Types of Homes That Sell the Fastest (3)

3. Homes in Desirable Neighborhoods

Location is one of the most critical factors in real estate. Homes located in highly desirable neighborhoods with good schools, low crime rates, and convenient amenities tend to sell faster and at higher prices. These areas attract buyers looking for a better quality of life and long-term investments.

Tip: When selling a home in a prime location, emphasize its proximity to schools, parks, shopping centers, and public transportation in your marketing materials.

4. Single-Family Homes

Single-family homes are often more attractive to buyers than multi-family properties. They offer greater privacy and independence, making them a preferred choice for families. Additionally, single-family homes usually have more outdoor space, which is appealing for those with children or pets.

Tip: To maximize the appeal of your single-family home, focus on curb appeal, landscaping, and creating an inviting outdoor living space.

Types of Homes That Sell the Fastest (4)

5. Homes with Unique Features

Homes with unique features or architectural elements can stand out in the market and sell faster. These features might include a spacious backyard, a pool, a home office, a well-designed kitchen, or a stunning view. Anything that sets your property apart from the competition can be a selling point.

Tip: Highlight these unique features in your listing and consider professional photography to showcase them effectively.

Types of Homes That Sell the Fastest (5)

3 Popular Styles of Homes That Sell The Fastest

Three popular styles of homes that often sell quickly due to their timeless appeal and desirable features are Mid Century, Farm Style, and Craftsman Style homes.

1. Mid Century Style Homes

Mid Century Modern homes are renowned for their enduring design characterized by clean lines, open spaces, and large windows. This design philosophy has remained popular for decades and continues to attract buyers seeking a timeless aesthetic. These homes often seamlessly blend indoor and outdoor spaces, making them highly desirable, especially in regions with pleasant climates. This feature allows residents to enjoy the natural surroundings from the comfort of their homes. The emphasis on natural light and a connection with nature resonates with modern buyers who prioritize sustainability and well-being. Large windows and open floor plans maximize the flow of sunlight.

Mid Century homes often showcase iconic design elements such as flat roofs, exposed beams, and minimalist interiors, making them especially appealing to design-conscious buyers.

2. Farm Style Homes

Farm style homes exude a warm and inviting rustic charm that appeals to a wide range of buyers. Elements like exposed wooden beams, shiplap walls, and wide front porches contribute to their timeless appeal. These homes typically offer spacious interiors with open floor plans, making them well-suited for family living and entertaining. The sense of space is a significant selling point.

Farm style homes often come with larger lots and picturesque surroundings, creating a strong connection to nature. This connection aligns with the growing desire among homebuyers for serene retreats. The nostalgia associated with farmhouses, harking back to simpler times and traditional values, resonates with buyers seeking a respite from the fast pace of modern life.

3. Craftsman Style Homes

Craftsman homes are celebrated for their high-quality craftsmanship and meticulous attention to detail. Buyers seeking well-built and enduring properties are drawn to their solid construction. These homes often feature intricate woodwork, built-in furniture, and unique architectural details that give them a distinctive character and charm. Each Craftsman home feels like a work of art.

Craftsman homes are known for their well-thought-out layouts with practical, functional spaces. This makes them highly livable and adaptable to modern lifestyles. These homes often come with inviting front porches and beautifully landscaped yards. These elements enhance curb appeal and provide attractive outdoor spaces for relaxation and socializing.

In addition to these style-specific features, factors such as competitive pricing, effective marketing strategies, and maintaining the property in good condition play crucial roles in ensuring a fast sale. The speed of a home sale can also be influenced by factors like location, market demand, and economic conditions. However, regardless of the style, homes that are well-maintained and thoughtfully updated as mentioned above tend to have broader appeal and attract buyers more swiftly.

If you are planning to sell your home and want to do some renovations or remodeling, we will help you here at Builder Boy. Builder Boy is a full service general contractor, license no. 986389, with skilled craftsmen and tradesmen specializing in home renovations and new construction. Our home remodeling company specializes in services including new additions, kitchen remodels, bath remodels, stucco, custom cabinet builds & installation, concrete & hardscaping, drywall & house painting, and historical renovations. So, ready to partner with us? Contact us now.

Check outThe 10 Housing Upgrades with the Highest ROI for more inspirational ideas.

Types of Homes That Sell the Fastest (2024)

FAQs

What type of house sells the fastest? ›

Starter homes are typically smaller, more affordable properties perfect for first-time buyers or individuals looking to downsize. They often feature two to three bedrooms and one or two bathrooms. What makes starter homes sell quickly is their affordability and broad appeal to a wide range of buyers.

What type of house is easiest to sell? ›

Terraced Houses
  • Terraced houses are fairly easy to maintain and often less problematic.
  • They are often nice-looking houses that people like to live.
  • These properties are often popular amongst landlords and offer solid rental yields in the right areas.
  • Average house prices tend to be less volatile.

What type of homes appreciate the fastest? ›

Answer: Since 2012, the data is clear – single-family homes appreciate the fastest, followed by townhouses/duplexes, and then condos.

What style house sells for the most money? ›

Beach Houses and Mediterranean-style homes are the most expensive in the U.S. and are often found on prime land close to the ocean. Large windows and balconies accentuate the use of natural light, which adds a feeling of luxury and simplicity to a home.

What style of house has the best resale? ›

Home Styles with the Highest Resale Value
  • Colonial Homes.
  • Craftsman Bungalows.
  • Cape Cod Homes.
  • Mediterranean Villas.
  • Mid-Century Modern Homes.
  • Victorian Homes.
Sep 13, 2023

What type of property is most profitable? ›

Which real estate investments are the most profitable? Commercial real estate investments tend to have higher income potential than other types of investments, with the added benefit of longer leases and lower vacancy rates.

What size house sells best? ›

At the highest end, midsize homes are selling faster than both larger and smaller ones, according to realtor.com. Last year, homes in the top 1% by price nationwide that measured between 5,000 and 10,000 square feet were on the market for an average of 97 days before selling.

What type of property sells the most? ›

Two bedroom terraced houses have traditionally been one of the fastest selling property types. It stayed this way throughout the pandemic as well. And while their average time to sell has slowed this year, they're still the fastest selling property type - and the only one to sell in less than a month.

What is the least desirable style house? ›

Preferences in house style can differ significantly across the country. The study provides a further breakdown of the most popular home styles in the largest U.S. cities. Meanwhile, the least desired home styles appear to be shipping container homes and tiny homes, the study finds.

Where do houses sell the fastest? ›

1 fastest-selling housing market: Hartford, Connecticut. As of January 2024, the fastest-selling housing market in the U.S. is Hartford, Connecticut.

What raises the value of a home the most? ›

Homes are valued and priced by the livable square feet they contain, and the more livable square feet, the better, says Benjamin Ross, a Realtor and real estate investor based in Corpus Christi, Texas. Adding a bathroom, a great room or another needed space to a home can increase function and add value.

What size home appreciates the most? ›

It may come as a surprise, but smaller houses tend to appreciate, or increase in value, faster than larger homes, making smaller homes good investments. And aside from appreciation, you don't always need a big house even if your lender qualifies you for more.

What types of homes sell the fastest? ›

Low Price. Yes, the low price point of a house typically sells the fastest. Homes that have lower prices than the market average are often more attractive to buyers, who may be more likely to make offers on them. Additionally, homes with low prices have more competition among buyers, which can lead to a faster sale.

What are the top rooms to sell a house? ›

Here are four of the most important rooms when selling a house:
  • Kitchen. The kitchen is the heart of your home, and it's often the first room that buyers like to check out. ...
  • Master Bedroom. The master bedroom is another key room that potential buyers focus on. ...
  • Master Bathroom. ...
  • Living Room.
May 12, 2022

What is the best size house for resale? ›

The size

According to census data from 2017, the median square footage of new homes built for sale in the United States was 2,480 square feet. If you assume that new builds reflect the current desires of homebuyers, that would mean a home around 2,500 square feet has a good chance of holding its value.

What is the biggest selling point of a house? ›

Know the two hot spots

The rooms buyers most closely inspect (and judge) in a house are the kitchen and master bath. These are the interior spaces where the most value can be added during a sale, so they need to look their best.

What is the quickest time you can sell a house? ›

For a chain-free buyer with a mortgage, your sale could go through in 10 weeks – or as little as four weeks for a cash buyer with a fast conveyancer. We've even seen cases of a two-week window, though usually where property professionals are the buyers.

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