If the housing market has felt like an ongoing nightmare to potential homeowners over the last couple of years, this headline offers a bit of respite. According to Realtor.com, there are 10 cities across the United States where home prices are starting to fall.
By Heather Taylor
Read: States Whose Economies Are Failing vs. States Whose Economies Are ThrivingAlso: Should You Still Buy a Home in Today’s Market?
Here’s a look at the top 10 cities where home prices are steadily plummeting, ending with a popular city experiencing the largest housing market price decrease.
Spokane, Washington
- Median home list price: $449,900
- Change since June: -7.4%
- Change since September 2021: +5.6%
Durham, North Carolina
- Median home list price: $460,000
- Change since June: -7.5%
- Change since September 2021: +2.2%
Stockton, California
- Median home list price: $581,725
- Change since June: -7.7%
- Change since September 2021: +7.3%
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Las Vegas, Nevada
- Median home list price: $460,000
- Change since June: -7.9%
- Change since September 2021: +7%
Denver, Colorado
- Median home list price: $625,000
- Change since June: -8.0%
- Change since September 2021: +4.2%
Ogden, Utah
- Median home list price: $532,500
- Change since June: -8.6%
- Change since September 2021: +7.7%
Charleston, South Carolina
- Median home list price: $500,000
- Change since June: -8.6%
- Change since September 2021: +10%
Palm Bay, Florida
- Median home list price: $379,995
- Change since June: -8.9%
- Change since September 2021: +5.8%
Phoenix, Arizona
- Median home list price: $493,500
- Change since June: -9.9%
- Change since September 2021: +4.4%
Austin, Texas
- Median home list price in September: $558,275
- Change since June: -10.3%
- Change since September 2021: +2.2%
