Diamond Member Pelican Press 0 Posted August 31, 2024 Diamond Member Share Posted August 31, 2024 This is the hidden content, please Sign In or Sign Up The 50 Worst Housing Markets in the US for Growth jeremyiswild / Getty Images When buying a home — be it to live in or to rent out to generate passive income — it’s important to know your local housing market conditions. Is it strong, stable and growing? Are This is the hidden content, please Sign In or Sign Up decent? Or is it in an irreversible slump? GOBankingRates determined the 50 worst housing markets in the U.S. for growth. To do this, we looked at the 200 largest metro statistical areas (MSAs) according to the real estate market and found the one-year percentage change in home value, the two-year percentage change in home value, the mean days from pending to close, the share of listings with a price cut and the mean price cut. Find Out: This is the hidden content, please Sign In or Sign Up Try This: This is the hidden content, please Sign In or Sign Up Here are some key findings: Austin ranks as the worst housing market in America. Most notably, two-year home values have dropped nearly 18%. The second-worst housing market for growth is New Orleans. Other Texas markets are also struggling, including, but not limited to, Longview, Laredo and Dallas. Five of the 10 worst housing markets are in Florida. Among these are North Port, Cape Coral and Crestview. Read on for details on the 50 This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Ron Bird Photography / Compass 50. Salinas, California June 2024 home value: $844,402 One-year home value change (percentage): 6.04% Two-year home value change (percentage): 1.59% Mean price cut: $80,737 Share of listings with price cut: 20.39% Mean days to close: 29 Read Next: This is the hidden content, please Sign In or Sign Up Be Aware: This is the hidden content, please Sign In or Sign Up Earning passive income doesn’t need to be difficult. This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Kruck20 / iStock.com 49. Orlando, Florida June 2024 home value: $399,253 One-year home value change (percentage): 3.22% Two-year home value change (percentage): 5.26% Mean price cut: $14,907 Share of listings with price cut: 29.30% Mean days to close: 34 Check Out: This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== zrfphoto / Getty Images/iStockphoto 48. Baton Rouge, Louisiana June 2024 home value: $240,017 One-year home value change (percentage): 1.66% Two-year home value change (percentage): 3.60% Mean price cut: $11,512 Share of listings with price cut: 26.01% Mean days to close: 34 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Sean Pavone / Getty Images/iStockphoto 47. Eugene, Oregon June 2024 home value: $455,582 One-year home value change (percentage): 1.32% Two-year home value change (percentage): -0.71% Mean price cut: $20,297 Share of listings with price cut: 24.29% Mean days to close: 30 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== SeanPavonePhoto / Getty Images 46. Shreveport, Louisiana June 2024 home value: $174,384 One-year home value change (percentage): 4.06% Two-year home value change (percentage): 0.15% Mean price cut: $11,597 Share of listings with price cut: 26.00% Mean days to close: 34 Story continues data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Matt Tavares / Getty Images/iStockphoto 45. Reno, Nevada June 2024 home value: $548,869 One-year home value change (percentage): 4.64% Two-year home value change (percentage): -5.47% Mean price cut: $26,683 Share of listings with price cut: 23.18% Mean days to close: 32 Trending Now: This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Eric Fischer / Wikimedia Commons CC-BY-SA 2 44. Salisbury, Maryland June 2024 home value: $423,739 One-year home value change (percentage): 2.27% Two-year home value change (percentage): 3.37% Mean price cut: $21,070 Share of listings with price cut: 26.53% Mean days to close: 37 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== SeanPavonePhoto / Getty Images/iStockphoto 43. Jackson, Mississippi June 2024 home value: $197,464 One-year home value change (percentage): 0.78% Two-year home value change (percentage): 3.11% Mean price cut: $11,977 Share of listings with price cut: 25.04% Mean days to close: 36 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==42. Longview, Texas June 2024 home value: $218,205 One-year home value change (percentage): 0.30% Two-year home value change (percentage): 5.59% Mean price cut: $12,216 Share of listings with price cut: 24.49% Mean days to close: 26 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Wirestock / Getty Images/iStockphoto 41. Greeley, Colorado June 2024 home value: $500,073 One-year home value change (percentage): 0.72% Two-year home value change (percentage): -4.39% Mean price cut: $16,690 Share of listings with price cut: 22.94% Mean days to close: 31 Try This: This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== batuhanozdel / Getty Images/iStockphoto 40. San Francisco June 2024 home value: $1,180,321 One-year home value change (percentage): 5.04% Two-year home value change (percentage): -7.27% Mean price cut: $69,905 Share of listings with price cut: 17.62% Mean days to close: 23 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Not Home / Wikimedia Commons 39. Laredo, Texas June 2024 home value: $206,726 One-year home value change (percentage): -3.38% Two-year home value change (percentage): 0.60% Mean price cut: $10,330 Share of listings with price cut: 16.13% Mean days to close: 28 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Scott Catron / Wikimedia Commons 38. Ogden, Utah June 2024 home value: $498,019 One-year home value change (percentage): 2.64% Two-year home value change (percentage): -4.36% Mean price cut: $13,821 Share of listings with price cut: 29.09% Mean days to close: 28 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== DenisTangneyJr / iStock.com 37. Huntsville, Alabama June 2024 home value: $309,499 One-year home value change (percentage): 0.48% Two-year home value change (percentage): 0.48% Mean price cut: $10,268 Share of listings with price cut: 28.15% Mean days to close: 32 Explore More: This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Craig McCausland / iStock.com 36. Myrtle Beach, South Carolina June 2024 home value: $338,481 One-year home value change (percentage): 1.80% Two-year home value change (percentage): 4.35% Mean price cut: $11,694 Share of listings with price cut: 28.19% Mean days to close: 37 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== benedek / Getty Images 35. Spokane, Washington June 2024 home value: $417,086 One-year home value change (percentage): 1.49% Two-year home value change (percentage): -3.83% Mean price cut: $17,579 Share of listings with price cut: 27.12% Mean days to close: 29 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== tusharkoley / Shutterstock.com 34. Portland, Oregon June 2024 home value: $554,847 One-year home value change (percentage): 1.64% Two-year home value change (percentage): -4.08% Mean price cut: $23,109 Share of listings with price cut: 24.86% Mean days to close: 29 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Art Wager / iStock/Getty Images 33. Pensacola, Florida June 2024 home value: $309,736 One-year home value change (percentage): 1.79% Two-year home value change (percentage): 3.64% Mean price cut: $12,737 Share of listings with price cut: 31.34% Mean days to close: 34 Read More: This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== miroslav_1 / Getty Images/iStockphoto 32. Salt Lake City June 2024 home value: $548,835 One-year home value change (percentage): 2.57% Two-year home value change (percentage): -4.94% Mean price cut: $18,638 Share of listings with price cut: 30.24% Mean days to close: 27 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== DenisTangneyJr / Getty Images 31. Lubbock, Texas June 2024 home value: $209,214 One-year home value change (percentage): -0.14% Two-year home value change (percentage): 1.74% Mean price cut: $9,877 Share of listings with price cut: 28.95% Mean days to close: 33 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== RoschetzkyIstockPhoto / Getty Images/iStockphoto 30. Corpus Christi, Texas June 2024 home value: $224,512 One-year home value change (percentage): 0.33% Two-year home value change (percentage): 0.05% Mean price cut: $17,191 Share of listings with price cut: 22.97% Mean days to close: 30 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== TrongNguyen / Getty Images/iStockphoto 29. Waco, Texas June 2024 home value: $261,013 One-year home value change (percentage): 0.81% Two-year home value change (percentage): 1.74% Mean price cut: $13,464 Share of listings with price cut: 28.90% Mean days to close: 31 Discover More: This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Sean Pavone / Getty Images/iStockphoto 28. Lakeland, Florida June 2024 home value: $315,149 One-year home value change (percentage): 1.44% Two-year home value change (percentage): 1.47% Mean price cut: $10,537 Share of listings with price cut: 30.18% Mean days to close: 34 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Giorgia Basso / Shutterstock.com 27. Killeen, Texas June 2024 home value: $258,289 One-year home value change (percentage): -1.03% Two-year home value change (percentage): -0.94% Mean price cut: $12,284 Share of listings with price cut: 23.30% Mean days to close: 32 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Anthony M. Inswasty / iStock.com 26. Port St. Lucie, Florida June 2024 home value: $401,971 One-year home value change (percentage): 2.50% Two-year home value change (percentage): 2.90% Mean price cut: $19,065 Share of listings with price cut: 29.63% Mean days to close: 34 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Art Wager / Getty Images 25. Houston June 2024 home value: $312,052 One-year home value change (percentage): 1.41% Two-year home value change (percentage): 0.69% Mean price cut: $15,072 Share of listings with price cut: 28.83% Mean days to close: 29 For You: This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Jonathan Ross / Getty Images/iStockphoto 24. Nashville, Tennessee June 2024 home value: $447,170 One-year home value change (percentage): 1.99% Two-year home value change (percentage): -0.38% Mean price cut: $21,392 Share of listings with price cut: 32.19% Mean days to close: 32 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Jacob Boomsma / Getty Images/iStockphoto 23. Colorado Springs, Colorado June 2024 home value: $464,036 One-year home value change (percentage): 1.45% Two-year home value change (percentage): -4.61% Mean price cut: $13,065 Share of listings with price cut: 31.61% Mean days to close: 32 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Muhammad Zulkifal / Getty Images/iStockphoto 22. Denver June 2024 home value: $592,720 One-year home value change (percentage): 2.01% Two-year home value change (percentage): -4.44% Mean price cut: $19,067 Share of listings with price cut: 32.13% Mean days to close: 28 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Art Wager / Getty Images 21. Honolulu (Urban) June 2024 home value: $867,057 One-year home value change (percentage): 0.74% Two-year home value change (percentage): -3.33% Mean price cut: $34,693 Share of listings with price cut: 18.30% Mean days to close: 39 Read Next: This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== MichaelWarrenPix / Getty Images/iStockphoto 20. Ocala, Florida June 2024 home value: $279,895 One-year home value change (percentage): 0.44% Two-year home value change (percentage): 2.64% Mean price cut: $12,281 Share of listings with price cut: 29.39% Mean days to close: 34 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== DenisTangneyJr / iStock.com 19. Provo, Utah June 2024 home value: $533,482 One-year home value change (percentage): 2.00% Two-year home value change (percentage): -7.00% Mean price cut: $16,036 Share of listings with price cut: 30.10% Mean days to close: 28 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== ©Shutterstock.com 18. Palm Bay, Florida June 2024 home value: $357,251 One-year home value change (percentage): 1.39% Two-year home value change (percentage): 1.85% Mean price cut: $13,739 Share of listings with price cut: 33.03% Mean days to close: 32 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Jacob Boomsma / Shutterstock.com 17. Beaumont, Texas June 2024 home value: $168,201 One-year home value change (percentage): -1.31% Two-year home value change (percentage): -3.74% Mean price cut: $11,861 Share of listings with price cut: 23.60% Mean days to close: 29 Check Out: This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== knowlesgallery / Getty Images/iStockphoto 16. Boise City, Idaho June 2024 home value: $482,228 One-year home value change (percentage): 3.98% Two-year home value change (percentage): -9.52% Mean price cut: $18,615 Share of listings with price cut: 30.98% Mean days to close: 29 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== TraceRouda / Getty Images/iStockphoto 15. Jacksonville, Florida June 2024 home value: $361,530 One-year home value change (percentage): 1.28% Two-year home value change (percentage): 0.49% Mean price cut: $13,749 Share of listings with price cut: 31.75% Mean days to close: 30 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== DenisTangneyJr / Getty Images/iStockphoto 14. Lafayette, Louisiana June 2024 home value: $193,479 One-year home value change (percentage): -2.12% Two-year home value change (percentage): -2.91% Mean price cut: $9,305 Share of listings with price cut: 26.27% Mean days to close: 31 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Javier_Art_Photography / Getty Images/iStockphoto 13. Deltona, Florida June 2024 home value: $346,653 One-year home value change (percentage): 0.97% Two-year home value change (percentage): 1.00% Mean price cut: $14,388 Share of listings with price cut: 29.88% Mean days to close: 33 Try This: This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== benedek / Getty Images 12. Dallas June 2024 home value: $381,600 One-year home value change (percentage): 1.10% Two-year home value change (percentage): -1.24% Mean price cut: $15,721 Share of listings with price cut: 32.03% Mean days to close: 28 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Jim Glab / iStock.com 11. Boulder, Colorado June 2024 home value: $747,586 One-year home value change (percentage): 1.15% Two-year home value change (percentage): -5.66% Mean price cut: $40,990 Share of listings with price cut: 24.05% Mean days to close: 27 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Michael Warren / Getty Images 10. Tampa, Florida June 2024 home value: $381,941 One-year home value change (percentage): 2.71% Two-year home value change (percentage): 2.35% Mean price cut: $16,110 Share of listings with price cut: 35.26% Mean days to close: 34 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== ©iStock.com 9. Phoenix June 2024 home value: $460,513 One-year home value change (percentage): 4.01% Two-year home value change (percentage): -5.56% Mean price cut: $16,577 Share of listings with price cut: 34.33% Mean days to close: 31 Learn More: This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Jon Bilous / Shutterstock.com 8. Santa Cruz, California June 2024 home value: $1,181,192 One-year home value change (percentage): 3.90% Two-year home value change (percentage): -5.67% Mean price cut: $89,350 Share of listings with price cut: 20.08% Mean days to close: 26 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== ablokhin / Getty Images 7. Naples, Florida June 2024 home value: $604,606 One-year home value change (percentage): 1.15% Two-year home value change (percentage): 1.94% Mean price cut: $46,104 Share of listings with price cut: 25.37% Mean days to close: 38 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Jimmy Emerson / Flickr.com 6. Crestview, Florida June 2024 home value: $445,687 One-year home value change (percentage): -0.69% Two-year home value change (percentage): -0.96% Mean price cut: $30,520 Share of listings with price cut: 27.97% Mean days to close: 33 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== TriggerPhoto / Getty Images/iStockphoto 5. Cape Coral, Florida June 2024 home value: $390,185 One-year home value change (percentage): -2.25% Two-year home value change (percentage): -1.93% Mean price cut: $19,759 Share of listings with price cut: 23.72% Mean days to close: 33 Be Aware: This is the hidden content, please Sign In or Sign Up data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== f11photo / Getty Images/iStockphoto 4. San Antonio June 2024 home value: $290,483 One-year home value change (percentage): -2.23% Two-year home value change (percentage): -3.84% Mean price cut: $12,408 Share of listings with price cut: 31.37% Mean days to close: 30 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== sanya3 / Wikimedia Commons 3. North Port, Florida June 2024 home value: $450,116 One-year home value change (percentage): -1.64% Two-year home value change (percentage): -2.16% Mean price cut: $24,603 Share of listings with price cut: 33.20% Mean days to close: 37 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Larry Gibson / Getty Images/iStockphoto 2. New Orleans June 2024 home value: $243,729 One-year home value change (percentage): -6.44% Two-year home value change (percentage): -11.77% Mean price cut: $15,512 Share of listings with price cut: 26.76% Mean days to close: 33 data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== RoschetzkyIstockPhoto / iStock.com 1. Austin, Texas June 2024 home value: $466,103 One-year home value change (percentage): -4.30% Two-year home value change (percentage): -17.65% Mean price cut: $25,088 Share of listings with price cut: 29.54% Mean days to close: 23 Methodology: For this piece, GOBankingRates looked at the 200 largest metro statistical areas (MSA) according to the real estate market and found the following 10 factors. For each MSA, GOBankingRates found (1) a one-year percentage change in home value; (2) a one-year change in home value in USD; (3) a two-year percentage change in home value; (4) a two-year change in home value in USD; (5) for-***** inventory; (6) mean days from listing to pending; (7) mean list-to-***** ratio; (8) mean days from pending to close; (9) share of listings with a price cut; and (10) mean price cut. All data was sourced from Zillow’s June 2024 data. All 10 factors were then scored and combined with the highest score being the worst housing markets. In final calculations, factors (1), (2), (9) and (10) were weighted 2x and factor (5) was weighted 0.5x. All data was collected and is up to date as of July 29, 2024. More From GOBankingRates This article originally appeared on This is the hidden content, please Sign In or Sign Up : This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up #Worst #Housing #Markets #Growth This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/114721-the-50-worst-housing-markets-in-the-us-for-growth/ Share on other sites More sharing options...
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