Home sellers across the U.S. are increasingly pulling their listings from the market, a sign of growing hesitation amid challenging economic conditions. According to Redfin data, 5.8% of listings were delisted in April 2026, the highest rate since March 2020. This level of withdrawal reflects a market sentiment not seen since the early days of the pandemic, when uncertainty drove similar pullbacks.

The trend is driven by several factors, including elevated mortgage rates, rising gas prices, and weakening consumer confidence. These pressures are making homeowners reluctant to sell, especially if they would face higher borrowing costs on a new home. The result is a cooling seller sentiment during what is traditionally a busy spring market.

Regionally, the pullback is most pronounced in some of the priciest markets. Atlanta led the nation with 10.7% of listings withdrawn, followed by San Jose, Los Angeles, Dallas, and Seattle—all above 7.5%. In contrast, cities like Pittsburgh, Columbus, and Chicago saw the fewest delistings, suggesting regional differences in market resilience.