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Home»Rental Market»60 Housing Markets Experiencing Declining Home Prices
Rental Market

60 Housing Markets Experiencing Declining Home Prices

May 27, 2025
60 housing markets experiencing declining home prices
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Streamline Your Rental Property Finances with Stessa

Managing the financial aspects of rental properties can often feel overwhelming. Fortunately, tools like Stessa are here to help. This innovative platform simplifies accounting and automates transaction tracking, making financial management easier than ever for real estate investors.

Why Choose Stessa?

Stessa allows users to take control of their rental property finances in a streamlined manner. Here’s how it helps:

  • Link Your Accounts: Easily connect your bank accounts, property management systems, and financial institutions. This integration provides a comprehensive view of your portfolio’s financial health.

  • Effortless Bookkeeping: Track your income and expenses either by property or portfolio. Scan and upload receipts on-the-go, ensuring all transactions are properly categorized for maximum deductions.

  • Remote Access: Whether you manage properties nearby or across the country, Stessa keeps your financial data accessible, allowing you to stay in control from virtually anywhere.

📹 Watch the Demo

To see how Stessa can transform your rental property finance management, check out this demo.

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Current Trends in U.S. Home Prices

The real estate market is ever-evolving. According to the Zillow Home Value Index, national home prices saw a modest increase of 1.2% year-over-year from March 2024 to March 2025. However, this growth represents a significant deceleration from the previous year’s 4.6% increase.

Regional Insights

While some areas are experiencing price increases, others are witnessing declines:

  • 31 of the nation’s 300 largest housing markets reported falling home prices from January 2024 to January 2025.
  • 42 markets saw declines from February to February, and this figure rose to 60 for the March period.

Key Statistics

  • Only 20% of major U.S. housing markets currently report year-over-year home price declines.
  • Markets like Austin (-4.6%), Tampa (-4.5%), and Phoenix (-2.5%) are among those facing the most significant declines.

Implications for Homebuyers

Recent trends suggest a shifting equilibrium favoring homebuyers, particularly in the Sun Belt regions. Areas like Florida and Texas, where housing prices surged during the Pandemic Housing Boom, are now facing corrections as interest rates continue to rise.

Market Dynamics

  • Price Corrections: In markets like Austin and Tampa, home prices may now be realigning with local income levels.
  • New Home Supply: Increased inventory from builders, often accompanied by price decreases and incentives, is further compounding these corrections in the resale market.

Note: The Zillow Home Value Index considers single-family homes and condos. It tracks changes in typical home values for the 35th to 65th percentile range.


Fastest Growing U.S. Counties

Tracking population shifts is critical in understanding real estate dynamics. Among America’s 1,500 most populated counties, some are experiencing remarkable growth:

  • Discover the 50 counties that have witnessed the largest per capita population increases from July 2023 to July 2024.

Population Change Insights

  • These changes depict migration trends and the appeal of certain regions, helping investors make informed decisions.

Tip: ResiClub PRO members can access a detailed analysis of total population changes across 800 metros and 3,000 counties.


Closing Thoughts

Understanding the intricacies of the rental market and leveraging tools like Stessa can significantly help in managing properties effectively. Stay informed about home price trends and population shifts to capitalize on investment opportunities.

Have a fantastic weekend! 🏠📊


Ensure that each aspect of this guide resonates with your audience and provides actionable insights. For further details, consider exploring Stessa’s platform and various housing market resources.

Declining Experiencing Home housing Markets Prices

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