In today’s fast-paced real estate market, many buyers expect every listing to turn into a bidding war. However, some of the best values aren’t found in the most popular homes. Instead, savvy buyers are shifting their attention to something much less obvious: properties that have been on the market longer than expected.
When a home doesn’t sell right away, sellers often become more motivated. Their priorities can change, and they may be willing to negotiate more than they were initially. This is where informed buyers are uncovering some of today’s best hidden deals.
Why These Listings Are Worth a Look
Housing markets across the country have been adjusting this year. According to data from Realtor.com, about one in five homes currently listed has already seen at least one price reduction. This pattern is happening in nearly every region.
The takeaway? No matter where you’re buying, there are discounted homes available, you just need to know where to look.
How Buyers Can Find Better Deals
This is where working with a knowledgeable real estate agent like myself truly pays off. An experienced agent can identify homes that have been on the market the longest, which are often the most negotiable. Sellers in this situation may be feeling the weight of time and may be more open to offers they wouldn’t have considered earlier.
Because many buyers overlook these listings, competition is often lower. That gives you more room to negotiate not just price, but also seller credits, repairs, or other concessions that can add up to significant savings.
Industry research supports this approach. The National Association of Realtors consistently reports that the longer a home stays on the market, the more likely it is to sell for less than its original asking price.
Small Price Drops Can Mean Big Savings
Even minor price reductions can have a major financial impact. Saving just a few percentage points on a median-priced home can mean tens of thousands of dollars over time. Those savings can go toward renovations, closing costs, or simply improving your overall budget.
If you’re looking to maximize your buying power, don’t ignore the homes others pass by. With many sellers adjusting expectations and becoming more motivated, properties with more days on the market may offer the best opportunities. Reach out today, and let’s begin your home search.
