The U.S. housing market is always changing, but property prices have largely gone up over the years.
Read Next: 3 Best States To Buy Property in the Next 5 Years, According to Experts
Consider This: How To Get Rich in Real Estate Starting With Just $1,000
In certain markets, particularly in Texas, there’s actually been a more recent a decline. Depending on buyer demand, supply, and other economic factors, some housing markets could plummet in value within the next 12 months or so.
If you’re a buyer, lower housing prices is good news as it means you’re more likely to get a good deal — and maybe even have more negotiating power with sellers. If you’re a seller, you might want to put your home on the market before it loses value or wait until your local real estate market rights itself again.
Whatever the case may be, here are six housing markets that experts believe will lose value before the end of 2025.
-
Median home price: $390,000
-
Median home price change (year-over-year): – 2.3%
-
Average time on the market: 42 days
Dallas, Texas is one housing market where prices have already started to go down and could continue to do so.
“In Dallas, affordability is becoming a serious concern,” said Levi Rodgers, a real estate broker and the founder of VA Loan Network.
“High home prices, paired with the current high rates, are leading to fewer buyers in the market,” he…