RateZip Data · Home Values
Home Value Movers: the US cities where home values are rising and falling
By Paul Knag, Founder, RateZip ·
Between August 1, 2026 and September 1, 2026, the sharpest declines in tracked home values were concentrated in Florida: 6 of the 10 largest city-level drops are Florida cities, led by Palm Bay at −1.5%. The largest gains were spread across 7 states, led by New Orleans, LA at +4.7%. Even within Florida the picture splits: Miami posted one of the 10 largest gains (+3.2%).
The 10 biggest declines
| # | City | State | Median change | Direction |
|---|---|---|---|---|
| 1 | Palm Bay | Florida | −1.5% | ▼ Down |
| 2 | New Port Richey | Florida | −0.7% | ▼ Down |
| 3 | Huntsville | Alabama | −0.6% | ▼ Down |
| 4 | Palm Coast | Florida | −0.5% | ▼ Down |
| 5 | Glendale | Arizona | −0.4% | ▼ Down |
| 6 | Homestead | Florida | −0.4% | ▼ Down |
| 7 | Ocala | Florida | −0.3% | ▼ Down |
| 8 | Portland | Oregon | −0.3% | ▼ Down |
| 9 | Dayton | Ohio | −0.2% | ▼ Down |
| 10 | Lehigh Acres | Florida | −0.2% | ▼ Down |
The 10 biggest gains
| # | City | State | Median change | Direction |
|---|---|---|---|---|
| 1 | New Orleans | Louisiana | +4.7% | ▲ Up |
| 2 | Pittsburgh | Pennsylvania | +3.8% | ▲ Up |
| 3 | Abilene | Texas | +3.6% | ▲ Up |
| 4 | Miami | Florida | +3.2% | ▲ Up |
| 5 | Fort Lauderdale | Florida | +2.8% | ▲ Up |
| 6 | Wilmington | Delaware | +2.7% | ▲ Up |
| 7 | Cape Coral | Florida | +2.7% | ▲ Up |
| 8 | Kansas City | Missouri | +2.5% | ▲ Up |
| 9 | Chicago | Illinois | +2.5% | ▲ Up |
| 10 | Boca Raton | Florida | +2.5% | ▲ Up |
Homes bought since 2022
The tables above track refresh-over-refresh moves; this one tracks each home against its own purchase. Across every city RateZip tracks, the median home last purchased in 2022 or later is now +5.9% versus its recorded purchase price, and 30% of those homes carry an estimated value below what their owners paid. The weakest market for that cohort is Atlanta, Georgia at −11.0%, where 75% of 2022-and-later purchases are valued below their price.
| # | City | State | Median vs. purchase | Valued below purchase |
|---|---|---|---|---|
| 1 | Atlanta | Georgia | −11.0% | 75% |
| 2 | Little Rock | Arkansas | −6.7% | 57% |
| 3 | Jonesboro | Georgia | −5.7% | 65% |
| 4 | Fort Myers | Florida | −4.7% | 67% |
| 5 | Kissimmee | Florida | −3.9% | 64% |
| 6 | Colorado Springs | Colorado | −3.4% | 73% |
| 7 | Phoenix | Arizona | −3.1% | 66% |
| 8 | Bradenton | Florida | −3.0% | 66% |
| 9 | Lawrenceville | Georgia | −2.1% | 66% |
| 10 | Denver | Colorado | −2.0% | 61% |
| 11 | Port Charlotte | Florida | −1.9% | 67% |
| 12 | Lakeland | Florida | −1.8% | 57% |
| 13 | West Palm Beach | Florida | −1.7% | 61% |
| 14 | Riverdale | Georgia | −1.6% | 66% |
| 15 | Palm Bay | Florida | −1.5% | 56% |
| 16 | Lithonia | Georgia | −1.5% | 74% |
| 17 | Aurora | Colorado | −1.4% | 60% |
| 18 | Mcdonough | Georgia | −1.2% | 71% |
| 19 | Hollywood | Florida | −1.1% | 56% |
| 20 | Stone Mountain | Georgia | −1.0% | 54% |
| 21 | Boynton Beach | Florida | −0.9% | 59% |
| 22 | Tucson | Arizona | −0.9% | 57% |
| 23 | Jacksonville | Florida | −0.9% | 56% |
| 24 | Port Saint Lucie | Florida | −0.8% | 58% |
| 25 | Orlando | Florida | −0.8% | 55% |
| 26 | Ocala | Florida | −0.8% | 52% |
| 27 | New Port Richey | Florida | −0.8% | 56% |
| 28 | Pueblo | Colorado | −0.8% | 55% |
| 29 | Covington | Georgia | −0.7% | 53% |
| 30 | St. Augustine | Florida | −0.5% | 53% |
| 31 | Spokane | Washington | −0.3% | 56% |
| 32 | Memphis | Tennessee | −0.3% | 50% |
| 33 | Savannah | Georgia | −0.2% | 50% |
| 34 | Sarasota | Florida | 0.0% | 50% |
| 35 | Nashville | Tennessee | +0.3% | 47% |
| 36 | St. Petersburg | Florida | +0.3% | 48% |
| 37 | Murfreesboro | Tennessee | +0.5% | 45% |
| 38 | Kennesaw | Georgia | +0.5% | 47% |
| 39 | Washington | the District of Columbia | +0.8% | 48% |
| 40 | Panama City | Florida | +0.9% | 47% |
| 41 | Cape Coral | Florida | +1.0% | 43% |
| 42 | Portland | Oregon | +1.2% | 44% |
| 43 | Macon | Georgia | +1.2% | 49% |
| 44 | Clarksville | Tennessee | +1.3% | 45% |
| 45 | Decatur | Georgia | +1.4% | 47% |
| 46 | Tampa | Florida | +1.8% | 43% |
| 47 | Marietta | Georgia | +1.9% | 45% |
| 48 | Sacramento | California | +2.0% | 31% |
| 49 | Fresno | California | +2.0% | 33% |
| 50 | Naples | Florida | +2.0% | 46% |
| 51 | Pensacola | Florida | +2.2% | 40% |
| 52 | San Jose | California | +2.2% | 19% |
| 53 | Stockton | California | +2.7% | 32% |
| 54 | Spring Hill | Florida | +3.0% | 38% |
| 55 | San Diego | California | +3.6% | 34% |
| 56 | Lancaster | California | +3.7% | 22% |
| 57 | Baton Rouge | Louisiana | +3.7% | 24% |
| 58 | Boca Raton | Florida | +4.0% | 43% |
| 59 | Tallahassee | Florida | +4.0% | 32% |
| 60 | Oakland | California | +4.0% | 29% |
| 61 | Salem | Oregon | +4.1% | 32% |
| 62 | Des Moines | Iowa | +4.9% | 35% |
| 63 | Cumming | Georgia | +4.9% | 31% |
| 64 | Los Angeles | California | +5.0% | 24% |
| 65 | Miami | Florida | +5.1% | 29% |
| 66 | New Orleans | Louisiana | +5.1% | 40% |
| 67 | Charlotte | North Carolina | +5.3% | 31% |
| 68 | Seattle | Washington | +5.6% | 38% |
| 69 | St. Louis | Missouri | +5.7% | 37% |
| 70 | Knoxville | Tennessee | +6.6% | 30% |
| 71 | Bakersfield | California | +8.3% | 15% |
| 72 | Minneapolis | Minnesota | +8.3% | 36% |
| 73 | Chattanooga | Tennessee | +8.6% | 18% |
| 74 | Baltimore | Maryland | +8.9% | 32% |
| 75 | Philadelphia | Pennsylvania | +9.5% | 28% |
| 76 | Lincoln | Nebraska | +9.7% | 16% |
| 77 | Oklahoma City | Oklahoma | +9.7% | 25% |
| 78 | York | Pennsylvania | +10.2% | 19% |
| 79 | Louisville | Kentucky | +10.2% | 12% |
| 80 | Omaha | Nebraska | +10.7% | 24% |
| 81 | Chicago | Illinois | +12.7% | 26% |
| 82 | Pittsburgh | Pennsylvania | +12.9% | 23% |
| 83 | Lexington | Kentucky | +13.3% | 22% |
| 84 | Erie | Pennsylvania | +13.8% | 19% |
| 85 | Grand Rapids | Michigan | +13.9% | 15% |
| 86 | Virginia Beach | Virginia | +14.4% | 9% |
| 87 | St. Paul | Minnesota | +17.5% | 6% |
| 88 | Warner Robins | Georgia | +17.6% | 28% |
| 89 | Rockford | Illinois | +20.7% | 21% |
| 90 | Detroit | Michigan | +25.1% | 26% |
Cohort figures cover properties whose last arms-length purchase closed on or after January 1, 2022, each read at its most recent valuation observation between July 23, 2026 and September 1, 2026. Cities are ranked from the weakest median outcome, and the same 30+ homes floor applies to every published figure — 90 cities qualified in this edition.
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 (August 1, 2026 to September 1, 2026) and attribute to "RateZip Home Value Movers" with a link to this page.
This edition's story: Home value movers, September 2026. More RateZip data: Mortgage Demand Index · Worst Credit Cities · Weekly Rate Moves · Reverse Mortgage Demand.