10 US Cities Where House Prices Are Dropping Most

General
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  1. Key Metro Areas with Sharpest Annual Declines (via Newsweek)

Based on data from the National Association of Realtors, these metros posted the largest year-over-year drops in median home prices as of Q3:

  1. Austin, TX – −10.3% (Median: $485,700)

  2. Honolulu, HI – −5.8% (Median: $1,061,900)

  3. Jackson, MS – −4.8% (Median: $234,200)

  4. Shreveport, LA – −4.6% (Median: $210,500)

  5. Cape Coral, FL – −3.6% (Median: $405,000)

  6. St. George, UT – −3.6% (Median: $541,900)

  7. Kennewick, WA – −2.5% (Median: $433,600)

  8. Macon, GA – −2.4% (Median: $219,200)

  9. Chico, CA – −1.8% (Median: $424,700)

  10. Myrtle Beach, SC – −1.8% (Median: $366,700)

  11. Salem, OR – −1.7% (Median: $456,200)

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