Yes, prices – and mortgage rates – are still high but there are a number of metro areas where the cost of purchasing a home is considerably less than in 2024.
Of course, this is all relative; while San Francisco leads with listing prices down 10.87%, the median list price is still a whopping $889,499. The median list price is first, followed by the percentage decrease from 2024.
- San Francisco, CA – $889,499; -10.87%
- Miami, FL – $522,499; -9.9%
- Austin, TX – $498,500; -7.68%
- Kansas City, MO – $369,995; -7.48%
- Tampa, FL – $395,000; -5.95%
- Jacksonville, FL – $384,500; -5.69%
- Denver, CO – $577,350; -5.35%
- Phoenix, AZ – $499,995; -5.07%
- Cincinnati, OH – $319,050; -4.76%
- Orlando, FL – $419,950; -4.34%