Housing market ranking · September 2026 data

Where home prices are falling

Median listing prices are below a year ago in 514 of the 950 U.S. housing markets WealthyBud tracks as of September 2026. Among markets with at least 100 active listings, Boca Raton, FL fell the most (-32.3%), and Texas has the most falling markets (38).

MBBy Marcus Bell
Real Estate Market Analyst
LVReviewed by Lena Voss
Housing Market Editor
Published October 2, 2026 · Updated October 2, 2026Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.
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Where are home prices falling the most?

Median listing prices are below a year ago in 514 of the 950 U.S. housing markets WealthyBud tracks as of September 2026. Among markets with at least 100 active listings, Boca Raton, FL fell the most (-32.3%), and Texas has the most falling markets (38).

Markets with falling prices514of 950 tracked · September 2026
Biggest declineBoca Raton, FL-32.3% YoY median list price
Most falling marketsTexas38 markets down YoY

The ranking lists the 50 markets with the largest year-over-year drop in median listing price, limited to markets with at least 100 active listings so a handful of listings cannot swing the result. Each entry also shows the share of listings with a price cut and the change in inventory, which tell you whether sellers are still adjusting. Browse every state on the state housing market hubs.

1

Boca Raton, FL

$1.28M median list · -32.3% YoY
-32.3%
List price YoY
12%
Listings with a price cut
-17%
Inventory YoY
2

Sun Valley, ID

$1.52M median list · -31.1% YoY
-31.1%
List price YoY
13%
Listings with a price cut
+1%
Inventory YoY
3

Hailey, ID

$1.25M median list · -26.6% YoY · closed sales -3.2% YoY
-26.6%
List price YoY
15%
Listings with a price cut
+1%
Inventory YoY
4

Shawano, WI

$296,225 median list · -23.2% YoY · closed sales +8.5% YoY
-23.2%
List price YoY
17%
Listings with a price cut
+124%
Inventory YoY
5

Kingsville, TX

$170,000 median list · -21.7% YoY · closed sales -8.7% YoY
-21.7%
List price YoY
23%
Listings with a price cut
+14%
Inventory YoY
6

Mayaguez, PR

$300,000 median list · -20.0% YoY
-20.0%
List price YoY
8%
Listings with a price cut
-14%
Inventory YoY
7

Muscatine, IA

$201,000 median list · -19.4% YoY · closed sales +27.7% YoY
-19.4%
List price YoY
12%
Listings with a price cut
+32%
Inventory YoY
8

Scottsdale, AZ

$1.6M median list · -18.8% YoY
-18.8%
List price YoY
14%
Listings with a price cut
-7%
Inventory YoY
9

Somerset, PA

$214,975 median list · -18.8% YoY · closed sales +10.2% YoY
-18.8%
List price YoY
18%
Listings with a price cut
+8%
Inventory YoY
10

Wahpeton, ND

$293,525 median list · -18.7% YoY · closed sales +43.6% YoY
-18.7%
List price YoY
17%
Listings with a price cut
+16%
Inventory YoY
11

Butte, MT

$297,750 median list · -18.7% YoY · closed sales +27.1% YoY
-18.7%
List price YoY
19%
Listings with a price cut
+3%
Inventory YoY
12

Douglas, GA

$254,450 median list · -18.1% YoY · closed sales -43.2% YoY
-18.1%
List price YoY
17%
Listings with a price cut
+16%
Inventory YoY
13

Dubuque, IA

$296,000 median list · -17.5% YoY · closed sales +7.8% YoY
-17.5%
List price YoY
31%
Listings with a price cut
+32%
Inventory YoY
14

Canton, IL

$99,900 median list · -16.7% YoY
-16.7%
List price YoY
15%
Listings with a price cut
+18%
Inventory YoY
15

Ada, OK

$220,925 median list · -16.6% YoY · closed sales +5.0% YoY
-16.6%
List price YoY
13%
Listings with a price cut
+3%
Inventory YoY
16

Jacksonville, TX

$275,625 median list · -16.5% YoY · closed sales +37.3% YoY
-16.5%
List price YoY
32%
Listings with a price cut
-4%
Inventory YoY
17

Arcadia, FL

$317,500 median list · -16.0% YoY · closed sales -9.3% YoY
-16.0%
List price YoY
19%
Listings with a price cut
+8%
Inventory YoY
18

New Castle, IN

$193,400 median list · -15.9% YoY · closed sales +18.5% YoY
-15.9%
List price YoY
36%
Listings with a price cut
+38%
Inventory YoY
19

Lexington, NE

$265,350 median list · -15.7% YoY · closed sales +69.2% YoY
-15.7%
List price YoY
16%
Listings with a price cut
+66%
Inventory YoY
20

Cedar City, UT

$419,950 median list · -15.2% YoY · closed sales -1.8% YoY
-15.2%
List price YoY
19%
Listings with a price cut
+11%
Inventory YoY
21

Roanoke Rapids, NC

$228,750 median list · -14.8% YoY · closed sales +38.1% YoY
-14.8%
List price YoY
16%
Listings with a price cut
+14%
Inventory YoY
22

Olean, NY

$189,900 median list · -14.6% YoY · closed sales +11.6% YoY
-14.6%
List price YoY
14%
Listings with a price cut
-1%
Inventory YoY
23

Grand Rapids, MN

$301,000 median list · -14.2% YoY · closed sales -1.6% YoY
-14.2%
List price YoY
16%
Listings with a price cut
+46%
Inventory YoY
24

Laconia, NH

$599,450 median list · -14.2% YoY · closed sales +20.8% YoY
-14.2%
List price YoY
21%
Listings with a price cut
+5%
Inventory YoY
25

Vidalia, GA

$258,025 median list · -13.9% YoY · closed sales +31.3% YoY
-13.9%
List price YoY
18%
Listings with a price cut
+35%
Inventory YoY
26

Cape Girardeau, MO

$264,950 median list · -13.9% YoY · closed sales +1.1% YoY
-13.9%
List price YoY
17%
Listings with a price cut
+10%
Inventory YoY
27

Athens, OH

$260,000 median list · -13.9% YoY · closed sales -14.2% YoY
-13.9%
List price YoY
22%
Listings with a price cut
+9%
Inventory YoY
28

Alexandria, MN

$427,000 median list · -13.7% YoY · closed sales +7.6% YoY
-13.7%
List price YoY
22%
Listings with a price cut
0%
Inventory YoY
29

Kahului, HI

$995,000 median list · -13.5% YoY · closed sales -5.6% YoY
-13.5%
List price YoY
13%
Listings with a price cut
+5%
Inventory YoY
30

Miami, OK

$191,563 median list · -13.4% YoY · closed sales +36.1% YoY
-13.4%
List price YoY
16%
Listings with a price cut
+4%
Inventory YoY
31

Green Bay, WI

$422,175 median list · -13.4% YoY · closed sales +8.7% YoY
-13.4%
List price YoY
19%
Listings with a price cut
+83%
Inventory YoY
32

Auburn, NY

$287,175 median list · -12.8% YoY · closed sales +10.4% YoY
-12.8%
List price YoY
18%
Listings with a price cut
+21%
Inventory YoY
33

Roswell, NM

$240,000 median list · -12.7% YoY · closed sales +4.3% YoY
-12.7%
List price YoY
17%
Listings with a price cut
+11%
Inventory YoY
34

Thomaston, GA

$253,500 median list · -12.6% YoY · closed sales -7.9% YoY
-12.6%
List price YoY
16%
Listings with a price cut
+4%
Inventory YoY
35

Sioux City, IA

$267,463 median list · -12.3% YoY · closed sales +14.8% YoY
-12.3%
List price YoY
22%
Listings with a price cut
+19%
Inventory YoY
36

Monticello, IN

$289,900 median list · -12.2% YoY
-12.2%
List price YoY
24%
Listings with a price cut
+18%
Inventory YoY
37

Charlottesville, VA

$527,548 median list · -12.0% YoY · closed sales +10.3% YoY
-12.0%
List price YoY
16%
Listings with a price cut
+32%
Inventory YoY
38

Carlsbad, NM

$305,000 median list · -11.8% YoY · closed sales +6.5% YoY
-11.8%
List price YoY
16%
Listings with a price cut
+47%
Inventory YoY
39

Henderson, NC

$249,400 median list · -11.8% YoY · closed sales -3.5% YoY
-11.8%
List price YoY
21%
Listings with a price cut
+22%
Inventory YoY
40

Silver City, NM

$311,000 median list · -11.7% YoY · closed sales -22.5% YoY
-11.7%
List price YoY
16%
Listings with a price cut
-14%
Inventory YoY
41

Espanola, NM

$425,000 median list · -11.6% YoY
-11.6%
List price YoY
16%
Listings with a price cut
-2%
Inventory YoY
42

Greenfield, MA

$420,000 median list · -11.4% YoY
-11.4%
List price YoY
19%
Listings with a price cut
+6%
Inventory YoY
43

Bellefontaine, OH

$288,650 median list · -11.2% YoY · closed sales -12.4% YoY
-11.2%
List price YoY
28%
Listings with a price cut
+29%
Inventory YoY
44

Murray, KY

$350,000 median list · -11.1% YoY · closed sales -5.6% YoY
-11.1%
List price YoY
24%
Listings with a price cut
+10%
Inventory YoY
45

Hilton Head, SC

$497,000 median list · -10.8% YoY
-10.8%
List price YoY
20%
Listings with a price cut
+18%
Inventory YoY
46

Albert Lea, MN

$249,950 median list · -10.6% YoY · closed sales +10.0% YoY
-10.6%
List price YoY
14%
Listings with a price cut
+23%
Inventory YoY
47

New Iberia, LA

$160,000 median list · -10.6% YoY
-10.6%
List price YoY
23%
Listings with a price cut
0%
Inventory YoY
48

Port Lavaca, TX

$325,000 median list · -10.5% YoY · closed sales +37.5% YoY
-10.5%
List price YoY
15%
Listings with a price cut
+5%
Inventory YoY
49

Stevens Point, WI

$344,950 median list · -10.4% YoY · closed sales +10.0% YoY
-10.4%
List price YoY
17%
Listings with a price cut
+31%
Inventory YoY
50

Bay City, MI

$184,950 median list · -10.3% YoY · closed sales +10.1% YoY
-10.3%
List price YoY
28%
Listings with a price cut
+41%
Inventory YoY

How is the falling-prices list built?

Year-over-year change compares each market's September 2026 median listing price with the same month a year earlier. Universe: 796 markets with at least 100 active listings; 435 of them are down. Listing prices are asking prices, not closed sales; where Redfin closed-sale data is current, the closed-sale change is shown too.

Frequently asked questions

How many U.S. housing markets have falling prices?
514 of the 950 markets WealthyBud tracks had a lower median listing price in September 2026 than a year earlier.
Which states have the most markets with falling prices?
Texas (38), North Carolina (26), Florida (25) have the most markets with year-over-year listing-price declines among markets with at least 100 active listings.
Which market ranks #1 on WealthyBud's where home prices are falling list?
Boca Raton, FL ranks first on this list, based on September 2026 data. Median listing prices are below a year ago in 514 of the 950 U.S. housing markets WealthyBud tracks as of September 2026.
How is this ranking calculated?
How is the falling-prices list built?Year-over-year change compares each market's September 2026 median listing price with the same month a year earlier. Universe: 796 markets with at least 100 active listings; 435 of them are down. Listing prices are asking prices, not closed sales; where Redfin closed-sale data is current, the closed-sale change is shown too.
Is this list investment advice?
No. It is a data-derived screen computed from the public sources cited on this page, using the formula shown above. It does not account for a specific property's condition, taxes, insurance, financing or your goals, so verify any market independently and run real numbers before you buy.
MB

Marcus Bell Real Estate Market Analyst

Marcus Bell leads market and career research at WealthyBud, turning public housing and labor data into plain-English answers for investors and agents. He focuses on U.S. metro housing markets, agent economics and licensing.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.

Based on public records and industry data, as of September 2026; refreshed as sources update. Full formulas and source limits: full methodology. Rankings and scores are data-derived opinions for research, not investment advice — verify current conditions with a local agent, lender or MLS before acting.