RateZip Data · Home Values
Home Value Movers: the US cities where home values are rising and falling
By Paul Knag, Founder, RateZip ·
Between July 23, 2026 and August 1, 2026, the sharpest declines in tracked home values were concentrated in Florida: 9 of the 10 largest city-level drops are Florida cities, led by Lehigh Acres at −5.1%. The largest gains were spread across 9 states, led by Spokane, WA at +1.0%. Even within Florida the picture splits: West Palm Beach posted one of the 10 largest gains (+1.0%).
Launch edition
This first edition compares the August 1, 2026 valuation refresh against a late-July baseline — a 9-day window — so the figures describe a short-window move in tracked valuations, not a full month of change. Future editions publish on a monthly cadence, comparing full month-over-month refreshes.
The 10 biggest declines
| # | City | State | Median change | Direction |
|---|---|---|---|---|
| 1 | Lehigh Acres | Florida | −5.1% | ▼ Down |
| 2 | St. Petersburg | Florida | −3.5% | ▼ Down |
| 3 | Cape Coral | Florida | −3.1% | ▼ Down |
| 4 | Hialeah | Florida | −2.6% | ▼ Down |
| 5 | Sarasota | Florida | −2.5% | ▼ Down |
| 6 | El Paso | Texas | −2.3% | ▼ Down |
| 7 | Miami | Florida | −2.3% | ▼ Down |
| 8 | Fort Myers | Florida | −2.2% | ▼ Down |
| 9 | Pensacola | Florida | −2.0% | ▼ Down |
| 10 | Orlando | Florida | −1.8% | ▼ Down |
The 10 biggest gains
| # | City | State | Median change | Direction |
|---|---|---|---|---|
| 1 | Spokane | Washington | +1.0% | ▲ Up |
| 2 | West Palm Beach | Florida | +1.0% | ▲ Up |
| 3 | Rockford | Illinois | +0.9% | ▲ Up |
| 4 | Cincinnati | Ohio | +0.7% | ▲ Up |
| 5 | Lincoln | Nebraska | +0.6% | ▲ Up |
| 6 | Portland | Oregon | +0.5% | ▲ Up |
| 7 | Mobile | Alabama | +0.5% | ▲ Up |
| 8 | St. Louis | Missouri | +0.5% | ▲ Up |
| 9 | Baton Rouge | Louisiana | +0.4% | ▲ Up |
| 10 | Huntsville | Alabama | +0.3% | ▲ Up |
About these numbers
Home Value Movers is computed from county-record and valuation data across the properties RateZip tracks. Each edition matches the same properties city-by-city between two valuation refreshes and takes the median percent change in estimated value per city, so the figures reflect repeat observations of identical homes rather than a shifting mix of listings. A city is ranked only when it has a sufficient tracked-property sample (30+ homes); 101cities qualified in this edition. Medians and percentages only are published. Tracked properties skew toward the markets where RateZip's audience shops, so treat the figures as a read on those markets rather than a census of every US city. Full provenance on the methodology page.
Citing these figures? Quote the city's median change with its window (July 23, 2026 to August 1, 2026) and attribute to "RateZip Home Value Movers" with a link to this page.
This edition's story: Home value movers, August 2026. More RateZip data: Mortgage Demand Index · Worst Credit Cities · Weekly Rate Moves · Reverse Mortgage Demand.