10 Cities Where Home Prices Are Falling Most in 2023 

Boise, Idaho

Median listing price: $609,875 The median listing price per square foot is $282. -7.8% year-over-year price per square foot change

Austin, Texas

Median listing price: $583,751 The median listing price per square foot is $276. Price per square foot fell 7.7% year-over-year.

Myrtle Beach, South Carolina

Median listing price: $366,075 The median listing price per square foot is $225. -7.3% year-over-year price per square foot change

Phoenix

Median listing price: $529,450 The median listing price per square foot is $274. Year-over-year pricing per square foot: -5.6%

Sarasota, Florida

median listing price: $549,900 The median listing price per square foot is $305 Year-over-year pricing per square foot: -4.7%

Salt Lake City

Median listing price: $635,000 The median listing price per square foot is $247. Price per square foot fell 4.0% year-over-year.

Pittsburgh

Median listing price: $238,250 The median listing price per square foot is $152. Year-over-year pricing per square foot: -3.9%

Winston-Salem, North Carolina

Median listing price: $345,899 The median listing price per square foot is $148. Price per square foot dropped 3.6% year-over-year.

Sacramento, California

Median listing price: $662,875 The median listing price per square foot is $340. Year-over-year pricing per square foot: -3.4%

Chicago

Median listing price: $376,000. The median listing price per square foot is $205. Year-over-year pricing per square foot: -1.1%

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