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June 5, 2026
Nearly 6% of U.S. home listings were pulled off the market in April, tying the highest level since the start of the pandemic.
Sellers are increasingly delisting homes rather than accepting lower offers in a market where buyers have gained leverage.
Florida and Texas metros led the nation in delistings as high mortgage rates and affordability challenges continued to dampen demand.
Home listings quickly disappeared in April, but not because the properties sold. It was because they didnt sell.
A new report from real estate brokerage Redfin found that more homeowners are taking their properties off the market rather than lowering their asking prices, a sign of growing tension in a housing market that has shifted increasingly in favor of buyers.
According to the report, 5.8% of all U.S. home listings were delisted in April, tying December 2025 for the highest share since March 2020, when the housing market briefly froze at the onset of the COVID-19 pandemic.
The trend reflects a growing disconnect between sellers' price expectations and what buyers are willing or able to pay. Elevated mortgage rates and persistently high home prices have sidelined many would-be buyers, leaving homes on the market longer and forcing sellers to choose between cutting prices or waiting for better conditions.
Sellers are still getting used to the post-pandemic normal, said Patricia Ammann, a Redfin Premier agent in Arlington, Va.
Prices arent soaring like they were five years ago.High gas prices and the rising cost of living overall are trickling down to the housing market, making buyers much less likely to bid prices up. Buyers know they have negotiating power, often offering under the asking price and completing inspections, but some sellers just wont budge.
Some homeowners cant lower their price because they bought during the pandemic when prices soared well ahead of the rate of inflation.
Some homes are back on the market
The report also found that 2.5% of homes currently on the market are relistings that had previously been withdrawn, the highest share on record. That suggests many sellers are testing the market, pulling listings when demand disappoints, and returning later in hopes of more favorable conditions.
The increase in delistings comes as the national housing market continues to favor buyers.
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