Where home prices are falling
92 of 546 metros have lower typical home values than a year ago. These are the biggest declines.
#1
San Angelo, TX
−4.7%
$227K home$1,319 rent
#2
Sherman, TX
−4.6%
$280K home$1,358 rent
#3
Austin, TX
−4.3%
$414K home$1,603 rent
Full ranking
| 1 | San Angelo, TX | ▼ 4.7% | $227K | +2.0% | 27% | 31 · Buyer's |
| 2 | Sherman, TX | ▼ 4.6% | $280K | −1.7% | 29% | 24 · Buyer's |
| 3 | Austin, TX | ▼ 4.3% | $414K | −2.4% | 30% | 22 · Buyer's |
| 4 | Cape Coral, FL | ▼ 3.5% | $334K | −3.6% | 20% | 51 · Neutral |
| 5 | Elizabethtown, KY | ▼ 3.4% | $245K | +0.2% | 30% | 23 · Buyer's |
| 6 | Punta Gorda, FL | ▼ 3.3% | $299K | −1.8% | 21% | 53 · Neutral |
| 7 | Asheville, NC | ▼ 3.3% | $416K | −0.8% | 27% | 25 · Buyer's |
| 8 | Kahului, HI | ▼ 2.9% | $982K | −2.7% | 16% | 34 · Buyer's |
| 9 | Savannah, GA | ▼ 2.7% | $340K | −0.6% | 29% | 28 · Buyer's |
| 10 | Las Vegas, NV | ▼ 2.6% | $423K | −1.5% | 30% | 22 · Buyer's |
| 11 | Durham, NC | ▼ 2.5% | $402K | −0.4% | 34% | 27 · Buyer's |
| 12 | Houma, LA | ▼ 2.5% | $181K | −1.2% | 19% | 48 · Neutral |
| 13 | Eureka, CA | ▼ 2.5% | $413K | −3.0% | 27% | 39 · Buyer's |
| 14 | Gaffney, SC | ▼ 2.4% | $190K | −0.8% | 30% | 52 · Neutral |
| 15 | Pueblo, CO | ▼ 2.3% | $282K | −0.9% | 30% | 28 · Buyer's |
| 16 | Lakeland, FL | ▼ 2.2% | $296K | −1.2% | 27% | 32 · Buyer's |
| 17 | Ocala, FL | ▼ 2.2% | $268K | −2.3% | 26% | 36 · Buyer's |
| 18 | Gillette, WY | ▼ 2.2% | $339K | +3.1% | 21% | 53 · Neutral |
| 19 | Enterprise, AL | ▼ 2.2% | $177K | +0.2% | 25% | 52 · Neutral |
| 20 | Aberdeen, WA | ▼ 2.1% | $314K | −2.4% | 29% | 21 · Buyer's |
| 21 | Stockton, CA | ▼ 2.1% | $520K | −0.7% | 29% | 42 · Buyer's |
| 22 | Dallas, TX | ▼ 2.0% | $358K | −0.9% | 34% | 27 · Buyer's |
| 23 | North Port, FL | ▼ 2.0% | $404K | −1.9% | 24% | 56 · Seller's |
| 24 | Greeley, CO | ▼ 2.0% | $488K | −0.5% | 37% | 24 · Buyer's |
| 25 | Kerrville, TX | ▼ 1.9% | $368K | −1.1% | 20% | 25 · Buyer's |
| 26 | San Antonio, TX | ▼ 1.9% | $274K | −1.3% | 30% | 23 · Buyer's |
| 27 | Houston, TX | ▼ 1.8% | $303K | +0.3% | 29% | 27 · Buyer's |
| 28 | Alamogordo, NM | ▼ 1.8% | $230K | +2.5% | 21% | 41 · Buyer's |
| 29 | Tucson, AZ | ▼ 1.8% | $336K | −1.1% | 28% | 31 · Buyer's |
| 30 | Denver, CO | ▼ 1.8% | $555K | −0.2% | 37% | 23 · Buyer's |
| 31 | Raleigh, NC | ▼ 1.7% | $428K | −0.5% | 36% | 29 · Buyer's |
| 32 | Seattle, WA | ▼ 1.6% | $720K | 0.0% | 34% | 26 · Buyer's |
| 33 | Atlanta, GA | ▼ 1.5% | $376K | −1.0% | 31% | 24 · Buyer's |
| 34 | Athens, TX | ▼ 1.5% | $268K | −0.9% | 25% | 37 · Buyer's |
| 35 | Killeen, TX | ▼ 1.5% | $248K | −0.6% | 26% | 29 · Buyer's |
| 36 | Orlando, FL | ▼ 1.4% | $383K | −0.8% | 28% | 29 · Buyer's |
| 37 | Sebring, FL | ▼ 1.4% | $231K | −0.9% | 23% | 39 · Buyer's |
| 38 | Colorado Springs, CO | ▼ 1.4% | $447K | −0.5% | 38% | 20 · Buyer's |
| 39 | Naples, FL | ▼ 1.4% | $552K | −1.6% | 16% | 54 · Neutral |
| 40 | Rock Springs, WY | ▼ 1.4% | $289K | +2.0% | 27% | 43 · Buyer's |
| 41 | Gainesville, GA | ▼ 1.3% | $386K | −0.3% | 32% | 20 · Buyer's |
| 42 | Kingsville, TX | ▼ 1.3% | $145K | +0.2% | 21% | 40 · Buyer's |
| 43 | Ukiah, CA | ▼ 1.2% | $481K | −1.8% | 25% | 38 · Buyer's |
| 44 | Lufkin, TX | ▼ 1.2% | $199K | +2.1% | 21% | 42 · Buyer's |
| 45 | Ca±on City, CO | ▼ 1.2% | $334K | +1.6% | 28% | 32 · Buyer's |
| 46 | Clearlake, CA | ▼ 1.1% | $302K | −1.7% | 24% | 49 · Neutral |
| 47 | Phoenix, AZ | ▼ 1.1% | $441K | −1.8% | 32% | 29 · Buyer's |
| 48 | Gainesville, FL | ▼ 1.1% | $298K | −1.2% | 27% | 32 · Buyer's |
| 49 | Napa, CA | ▼ 1.0% | $869K | +0.1% | 22% | 40 · Buyer's |
| 50 | Port Angeles, WA | ▼ 1.0% | $489K | +0.6% | 31% | 20 · Buyer's |
| 51 | Vallejo, CA | ▼ 0.9% | $571K | −0.4% | 28% | 39 · Buyer's |
| 52 | Tampa, FL | ▼ 0.9% | $357K | −1.7% | 31% | 27 · Buyer's |
| 53 | Sebastian, FL | ▼ 0.9% | $364K | −0.5% | 20% | 50 · Neutral |
| 54 | Port St. Lucie, FL | ▼ 0.8% | $381K | −1.6% | 24% | 41 · Buyer's |
| 55 | Charlotte, NC | ▼ 0.8% | $381K | −0.3% | 30% | 31 · Buyer's |
| 56 | Homosassa Springs, FL | ▼ 0.8% | $269K | −0.7% | 26% | 33 · Buyer's |
| 57 | Cullowhee, NC | ▼ 0.7% | $406K | +0.3% | 19% | 39 · Buyer's |
| 58 | Durant, OK | ▼ 0.7% | $229K | +1.6% | 23% | 35 · Buyer's |
| 59 | Talladega, AL | ▼ 0.7% | $177K | +1.8% | 23% | 38 · Buyer's |
| 60 | Bend, OR | ▼ 0.7% | $659K | −0.2% | 31% | 27 · Buyer's |
| 61 | Goldsboro, NC | ▼ 0.6% | $179K | −0.5% | 27% | 46 · Neutral |
| 62 | Las Cruces, NM | ▼ 0.6% | $285K | +1.1% | 25% | 27 · Buyer's |
| 63 | Branson, MO | ▼ 0.6% | $246K | −0.6% | 24% | 34 · Buyer's |
| 64 | St. George, UT | ▼ 0.6% | $525K | +0.3% | 27% | 18 · Buyer's |
| 65 | Nashville, TN | ▼ 0.5% | $449K | +0.2% | 34% | 19 · Buyer's |
| 66 | Coos Bay, OR | ▼ 0.5% | $349K | +0.1% | 28% | 32 · Buyer's |
| 67 | Jefferson, GA | ▼ 0.5% | $401K | −0.1% | 33% | 17 · Buyer's |
| 68 | The Villages, FL | ▼ 0.5% | $388K | −1.4% | 26% | 48 · Neutral |
| 69 | Palm Bay, FL | ▼ 0.5% | $342K | −0.7% | 29% | 35 · Buyer's |
| 70 | Wilson, NC | ▼ 0.4% | $216K | +0.2% | 27% | 55 · Neutral |
| 71 | Boulder, CO | ▼ 0.4% | $707K | +0.8% | 31% | 33 · Buyer's |
| 72 | Bowling Green, KY | ▼ 0.4% | $258K | +1.7% | 29% | 25 · Buyer's |
| 73 | Sierra Vista, AZ | ▼ 0.4% | $261K | +0.4% | 22% | 33 · Buyer's |
| 74 | Moses Lake, WA | ▼ 0.4% | $355K | 0.0% | 25% | 22 · Buyer's |
| 75 | McAllen, TX | ▼ 0.4% | $189K | +0.9% | 18% | 33 · Buyer's |
| 76 | Chattanooga, TN | ▼ 0.3% | $319K | +1.2% | 34% | 22 · Buyer's |
| 77 | Fort Collins, CO | ▼ 0.3% | $546K | +0.6% | 33% | 26 · Buyer's |
| 78 | Tyler, TX | ▼ 0.3% | $268K | +0.4% | 27% | 21 · Buyer's |
| 79 | Deltona, FL | ▼ 0.3% | $331K | −0.7% | 27% | 37 · Buyer's |
| 80 | Merced, CA | ▼ 0.3% | $414K | −0.2% | 22% | 50 · Neutral |
| 81 | Yuba City, CA | ▼ 0.2% | $425K | +0.5% | 28% | 56 · Seller's |
| 82 | Charleston, SC | ▼ 0.2% | $437K | +1.0% | 28% | 26 · Buyer's |
| 83 | Portland, OR | ▼ 0.2% | $539K | −0.1% | 32% | 33 · Buyer's |
| 84 | Stephenville, TX | ▼ 0.2% | $339K | +1.6% | 25% | 18 · Buyer's |
| 85 | Statesboro, GA | ▼ 0.2% | $276K | +1.1% | 24% | 35 · Buyer's |
| 86 | Grants Pass, OR | ▼ 0.1% | $388K | −0.1% | 32% | 34 · Buyer's |
| 87 | Jacksonville, FL | ▼ 0.1% | $351K | −0.5% | 29% | 36 · Buyer's |
| 88 | Klamath Falls, OR | ▼ 0.1% | $303K | +0.8% | 27% | 27 · Buyer's |
| 89 | Grand Island, NE | ■ 0.0% | $255K | +2.6% | 23% | 40 · Buyer's |
| 90 | Sevierville, TN | ■ 0.0% | $407K | −1.9% | 30% | 29 · Buyer's |
| 91 | Lake City, FL | ■ 0.0% | $268K | −0.1% | 25% | 40 · Buyer's |
| 92 | Sanford, NC | ■ 0.0% | $288K | +3.0% | 30% | 37 · Buyer's |
| 93 | Panama City, FL | ■ 0.0% | $343K | −0.3% | 25% | 30 · Buyer's |
| 94 | Sacramento, CA | ■ 0.0% | $573K | −0.8% | 30% | 42 · Buyer's |
| 95 | Shelby, NC | ■ 0.0% | $211K | −0.4% | 28% | 31 · Buyer's |
| 96 | Redding, CA | ■ 0.0% | $368K | −0.9% | 28% | 30 · Buyer's |
| 97 | Bakersfield, CA | ■ 0.0% | $360K | +1.6% | 24% | 39 · Buyer's |
| 98 | College Station, TX | ■ 0.0% | $305K | +0.8% | 22% | 33 · Buyer's |
| 99 | Daphne, AL | ▲ 0.1% | $371K | +1.9% | 22% | 43 · Buyer's |
| 100 | Burlington, VT | ▲ 0.1% | $462K | +1.9% | 31% | 35 · Buyer's |
Source: Zillow Research (ZHVI, ZORI and market activity data). Data through Sep 2026; updated monthly.
More rankings
Housing market forecast
Zillow's 12-month home value forecast for every metro.
Cheapest places to buy
U.S. cities with the lowest typical home values.
Best cities for rentals
Cities where rent is highest relative to home prices.
Fastest-rising rents
Metros with the biggest year-over-year rent growth.
Hottest housing markets
Seller's and buyer's markets by Zillow's Market Heat Index.
Most price cuts
Share of listings with a price reduction.
Most affordable metros
Household income needed to buy the typical home.