Published October 14, 2026 in Market Update

Under $450K Gave Up More Than Any Other Price Range

By Johnny Quilenderino

Real estate, Market Analysis

I pulled every lived-in home that sold or gave up in this market and sorted them by what they first asked. The question is simple: which price range had the hardest time finding a buyer? The answer is clear, and if you are thinking about pricing, it matters. These numbers cover every listing through October 14, 2026.

The lower the price, the harder it was to sell without cutting or quitting

Under $450K, 91 homes gave up. That is 27.2% of every home that either sold or came off the market with no sale in that range. Nearly 3 in 10 sellers in that price range walked away with nothing. That is more than double the rate of the $650K to $800K range, and more than triple the rate of $800K to $1M.

The homes that gave up across the whole market first asked a typical price of $649,450. The homes that sold first asked $765,000. That $115,550 gap is not a coincidence. The under $450K range sits well below both of those figures, and the numbers show what that means in practice.

The 244 homes that did sell in the under $450K range got 98.7% of what they first asked. That sounds close, but it means the typical seller in that range left money on the table just to close. Every other range at $650K and above got 100% or more.

The $1M and up range is the second surprise, and not in a good way

If you expected the most expensive homes to perform the worst, you were half right. The $1M and up range had 55 homes give up, a 15.3% rate. That puts it second worst, ahead of only the under $450K range. It also had the most homes give up by raw count among the four ranges above $450K.

The middle two ranges, $450K to $650K and $650K to $800K, held up better. The $650K to $800K range had only 10.7% give up, and the 343 homes that sold there got exactly 100% of what they first asked. That range sits right around the whole market's middle sold price of $765,000, which may be part of why buyers showed up reliably.

The $800K to $1M range was the clear winner. Only 7.8% gave up. The 424 homes that sold there got 100.2% of what they first asked and 100.5% of their last asking price. That is the only range where sellers, on average, beat their own first number.

What sellers and buyers should each take from this

If you are selling, the range where you price is not just a number, it is a decision about your odds. Right now, 55.6% of the 464 homes for sale have already dropped their price, with a typical cut of $25,200. That tells you the market is pushing back on first prices. If your home sits under $450K, you need a price that buyers will act on fast, because that range has the worst track record for sellers who wait. If your home lands in the $800K to $1M range, the data says price it right the first time and hold. That range got 100.5% of the last asking price on average.

If you are buying, the under $450K range has the most homes that came off the market and came back, which means more chances to negotiate. But be aware: the 30-year fixed-rate mortgage averaged 7.40% as of October 8, 2026, up from 6.30% a year ago, according to Freddie Mac's weekly rate survey. That jump changes what a given price range actually costs each month. Run the payment at today's rate, not last year's, before you decide what range you are shopping in.