Home prices are declining here …

While the housing market continues to struggle with high mortgage rates and stubborn home prices (up 0.3% in February nationally), there are a number of major metro areas where prices are actually declining. Please note, this doesn’t mean the homes are cheap (hello, San Francisco!), they’re just slightly less expensive than previously. Median list prices and the percentage of decline are included.

  1. Miami, FL – $550,00, -8.2%
  2. Oklahoma City, OK – $323,00, -7.4%
  3. Cincinnati, OH – $337,00, -6.4%
  4. Kansas City, MO – $421,00, -4.9%
  5. Denver, CO – $610,00, -3.6%
  6. San José, CA – $1,367,00, -2.3%
  7. Raleigh, NC – $440,00, -2.2%
  8. San Antonio, TX – $335,00, -1.5%
  9. San Francisco, CA – $989,00, -1.3%
  10. Portland, OR – $600,00, -1.2%

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