Home prices fell in two dozen major American housing markets during 2025, but relief appears on the horizon for the housing market in general — at least according to Zillow.
As of October 2025, values declined year-over-year in 24 of the nation’s 50 largest metropolitan areas. Austin, Texas, and Tampa, Florida, tied for the steepest drops at 6.1% each, followed by Miami at 4.8%, Orlando, Florida at 4.6% and Dallas at 4%.
