GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’ve got the option to read more about oureditorial guidelinesand our products and servicesreview methodology.
In fact, three U.S. cities with the largest decline inhome market valuesare located in these two states.
Forbesrecently published a story about cities with growing populations, that also have slowing real estate markets.
Here is a look at the three Florida and Texas cities highlighted.
Also here is the current state of the housing market in every state.
Notably, there was also an 0.8% drop in home prices from December to April.
However, things have taken a cooler turn.
Right behind, three of these areas were in Florida.
Generally speaking, home values are also increasing in these states.
Homes on the market are taking a median of 35 days to reach pending status.
The average home value inTexasis $308,121, marking a 0.6% increase over the past year.
Properties listed for sale are taking a median of 24 days to hit pending.
More From GOBankingRates
Share This Article:
