Should I rent out a property that isn't selling instead of continuing to try to sell it now?

It can be a smart move, but only if the rental math and your next purchase both hold up. The first question is whether you can carry the property as a rental without hurting your ability to qualify for and comfortably afford your next home. If you can, holding real estate for the long term has historically worked out well, and renting for a season while the market finds its footing usually beats accepting a bad price out of impatience. Two things to factor in before you convert it: - Taxes. The capital gains exclusion on a primary residence generally requires that you've lived in the home for two of the last five years, so turning it into a long-term rental can eventually cost you that exclusion. Run your specific situation past a tax professional, because the timing genuinely matters here. - Exit flexibility. Once a tenant is in place, selling again means either selling with the tenant there (a smaller buyer pool) or waiting out the lease. You give up some control over when you can cash out. Local conditions matter too. Some markets simply stall in certain seasons, and a home drawing no offers in a slow stretch can perform very differently a few months later. A local agent who knows your area can tell you whether the lack of offers is really about the market, the season, the price, or the listing itself. Sort that out first, because if the home is mispriced or poorly presented, renting it only postpones the same problem.