RateZip's Home Value Movers, August 2026 edition: between the July 23, 2026 baseline and the August 1, 2026 refresh, median tracked home values fell 5.1% in Lehigh Acres, FL and 3.5% in St. Petersburg, FL, while Spokane, WA (+1.0%) and West Palm Beach, FL (+1.0%) posted the largest gains.
In RateZip's tracked markets, 9 of the 10 largest city-level declines are in Florida, led by Lehigh Acres, FL at −5.1%. The gains side of the table is spread across 9 states — Washington, Florida, Illinois, Ohio, Nebraska, Oregon, Alabama, Missouri and Louisiana — 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%).
The 10 biggest declines
| # | City | Median change |
|---|---|---|
| 1 | Lehigh Acres, FL | −5.1% |
| 2 | St. Petersburg, FL | −3.5% |
| 3 | Cape Coral, FL | −3.1% |
| 4 | Hialeah, FL | −2.6% |
| 5 | Sarasota, FL | −2.5% |
| 6 | El Paso, TX | −2.3% |
| 7 | Miami, FL | −2.3% |
| 8 | Fort Myers, FL | −2.2% |
| 9 | Pensacola, FL | −2.0% |
| 10 | Orlando, FL | −1.8% |
The 10 biggest gains
| # | City | Median change |
|---|---|---|
| 1 | Spokane, WA | +1.0% |
| 2 | West Palm Beach, FL | +1.0% |
| 3 | Rockford, IL | +0.9% |
| 4 | Cincinnati, OH | +0.7% |
| 5 | Lincoln, NE | +0.6% |
| 6 | Portland, OR | +0.5% |
| 7 | Mobile, AL | +0.5% |
| 8 | St. Louis, MO | +0.5% |
| 9 | Baton Rouge, LA | +0.4% |
| 10 | Huntsville, AL | +0.3% |
Figures are the median percent change in estimated home value across the properties RateZip tracks in each city, matched property-by-property between the July 23, 2026 baseline and the August 1, 2026 refresh. A city is ranked only when it has a sufficient tracked-property sample (30+ homes); 101 cities qualified this edition.
About this edition
This is the launch edition of Home Value Movers, and its comparison window is 9 days — the July 23, 2026 baseline to the August 1, 2026 refresh — so the figures describe a short-window move in tracked valuations, not a full month of change. The series refreshes monthly from RateZip's county-record and valuation data across the properties we track; future editions will compare full month-over-month snapshots.
The full tables, methodology and each month's update live on RateZip's Home Value Movers data page. For what borrowers are doing about it — which products they ask for, and where — see the Mortgage Demand Index.