The top five coldest housing markets in the U.S. are all located in the Northeast region.

 The number one coldest market is Bridgeport-Stamford-Norwalk, Connecticut.

 Other cold markets include Trenton, New Jersey; Worcester, Massachusetts; New Haven-Milford, Connecticut; and Albany-Schenectady-Troy, New York.

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 Factors contributing to these markets being cold include high inventory, long days on market, and frequent price reductions.

 In Bridgeport-Stamford-Norwalk, for example, the median days on market is 120 and the median price reduction is 6.7%.

 Despite these challenges, some experts believe that these markets could see improvement in the coming years as millennials and other buyers seek out more affordable options outside of major cities.

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