Fastcompany iconFastcompanySep 21, 2026 ~1 min source read

54 major housing markets with falling home prices

Based on ResiClub 's analysis of the Zillow Home Value Index, nationally aggregated U.S. home prices are up 1.3% year over year between August 2025 and August 2026.

54 major housing markets with falling home prices

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Based on ResiClub 's analysis of the Zillow Home Value Index, nationally aggregated U.S.

home prices are up 1.3% year over year between August 2025 and August 2026.

6 of the nation's 300 largest housing markets (i.e., 2% of markets) had a falling year-over-year reading in the August 2017 to August 2018 window.

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The useful part

Based on ResiClub 's analysis of the Zillow Home Value Index, nationally aggregated U.S. home prices are up 1.3% year over year between August 2025 and August 2026. 6 of the nation's 300 largest housing markets (i.e., 2% of markets) had a falling year-over-year reading in the August 2017 to August 2018 window.

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  • 12 of the nation's 300 largest housing markets (i.e., 4% of markets) had a falling year-over-year reading in the August 2018 to August 2019 window.
  • 2 of the nation's 300 largest housing markets (i.e., <1% of markets) had a falling year-over-year reading in the August 2019 to August 2020 window.
  • 0 of the nation's 300 largest housing markets (i.e., 0% of markets) had a falling year-over-year reading in the August 2020 to August 2021 window.
  • 2 of the nation's 300 largest housing markets (i.e., <1% of markets) had a falling year-over-year reading in the August 2021 to August 2022 window.
  • 78 of the nation's 300 largest housing markets (i.e., 26% of markets) had a falling year-over-year reading in the <stron...

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