fotoVoyager / Getty Images/iStockphoto When buying a home — be it to live in or rent out to generate passive income — it’s important to know your local housing market conditions. Is it strong, stable and growing? Are mortgage rates decent? Or is it in an irreversible slump?
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GOBankingRates determined the 50 worst housing markets in the U.S. for growth in 2025. To do this, we looked at the 200 largest metro statistical areas (MSAs) according to the real estate market and found the change in home value over the last two years, the mean days from pending to close, the share of listings with a price cut and the mean price cut.
Here are some key findings:
North Port, Florida ranks as the worst housing market in America. Most notably, two-year home values have dropped over 5%.
The second-worst housing market for growth is Austin, Texas, which was ranked as worst last year.
Other Texas and Florida markets are also struggling: Cape Coral, Naples, Tampa and Palm Bay (Florida), and San Antonio and Dallas (Texas) all made it into the 10 worst markets for growth.
Louisiana and Arizona markets round out that top 10, meaning that the South and Southwest have seen the worst housing market growth of the country.
Read on for details on the 50 U.S. housing markets that are the worst for growth.
Also see the worst states to buy property in the next five years.
Sean Pavone / Shutterstock.com December 2024 home value: $231,861
Two-year home value change (percentage): 5.5%
Mean price cut: $8,302
Share of listings with price cut: 25.5%
Mean days to close: 32
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©Shutterstock.com December 2024 home value: $819,381
Two-year home value change (percentage): 2.7%
Mean price cut: $53,395
Share of listings with price cut: 18.6%
Mean days to close: 26
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Sean Pavone / Getty Images/iStockphoto December 2024 home value: $437,243
Two-year home value change (percentage): 7.8%
Mean price cut: $17,671
Share of listings with price cut: 27.3%
Mean days to close: 37
Kyle Sprague / Shutterstock.com December 2024 home value: $554,770
Two-year home value change (percentage): 1.9%
Mean price cut: $20,311
Share of listings with price cut: 22.8%
Mean days to close: 30
Ultima_Gaina / Getty Images/iStockphoto December 2024 home value: $279,398
Two-year home value change (percentage): 5.3%
Mean price cut: $9,432
Share of listings with price cut: 29.7%
Mean days to close: 32
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Scott Catron / Wikimedia Commons December 2024 home value: $498,890
Two-year home value change (percentage): 3.1%
Mean price cut: $12,642
Share of listings with price cut: 28.1%
Mean days to close: 29
Wirestock / Getty Images/iStockphoto December 2024 home value: $498,772
Two-year home value change (percentage): -0.7%
Mean price cut: $12,825
Share of listings with price cut: 23.6%
Mean days to close: 32
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Jacob Boomsma / Shutterstock.com December 2024 home value: $164,279
Two-year home value change (percentage): -4%
Mean price cut: $10,807
Share of listings with price cut: 19.5%
Mean days to close: 32
LM Photos / Shutterstock.com December 2024 home value: $264,230
Two-year home value change (percentage): 5.3%
Mean price cut: $13,346
Share of listings with price cut: 22.1%
Mean days to close: 34
gjohnstonphoto / Getty Images/iStockphoto December 2024 home value: $426,565
Two-year home value change (percentage): 3.4%
Mean price cut: $14,829
Share of listings with price cut: 21.1%
Mean days to close: 40
strickke / iStock.com December 2024 home value: $560,932
Two-year home value change (percentage): 2.6%
Mean price cut: $15,470
Share of listings with price cut: 29%
Mean days to close: 27
gregobagel / Getty Images December 2024 home value: $405,222
Two-year home value change (percentage): 0.8%
Mean price cut: $15,474
Share of listings with price cut: 24.4%
Mean days to close: 30
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knowlesgallery / Getty Images/iStockphoto December 2024 home value: $475,068
Two-year home value change (percentage): 0.2%
Mean price cut: $15,072
Share of listings with price cut: 27.4%
Mean days to close: 29
Trong Nguyen / Shutterstock.com December 2024 home value: $212,773
Two-year home value change (percentage): -1.5%
Mean price cut: $13,209
Share of listings with price cut: 17%
Mean days to close: 32
Kruck20 / Getty Images December 2024 home value: $232,087
Two-year home value change (percentage): 0.2%
Mean price cut: $9,562
Share of listings with price cut: 24.3%
Mean days to close: 28
maximkabb / Getty Images/iStockphoto December 2024 home value: $1,052,010
Two-year home value change (percentage): -0.2%
Mean price cut: $56,126
Share of listings with price cut: 16.8%
Mean days to close: 41
©Shutterstock.com December 2024 home value: $353,743
Two-year home value change (percentage): 1.6%
Mean price cut: $13,713
Share of listings with price cut: 24.6%
Mean days to close: 32
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DenisTangneyJr / iStock.com December 2024 home value: $545,631
Two-year home value change (percentage): 0.4%
Mean price cut: $13,600
Share of listings with price cut: 27.7%
Mean days to close: 28
TrongNguyen / Getty Images/iStockphoto December 2024 home value: $251,286
Two-year home value change (percentage): -0.2%
Mean price cut: $13,228
Share of listings with price cut: 21.7%
Mean days to close: 31
rodclementphotography / Getty Images/iStockphoto December 2024 home value: $384,031
Two-year home value change (percentage): 3.5%
Mean price cut: $13,097
Share of listings with price cut: 24.9%
Mean days to close: 25
ESB Professional / Shutterstock.com December 2024 home value: $443,111
Two-year home value change (percentage): 1.8%
Mean price cut: $12,107
Share of listings with price cut: 27.8%
Mean days to close: 35
Jon Bilous / Shutterstock.com December 2024 home value: $1,777,474
Two-year home value change (percentage): 1.3%
Mean price cut: $75,143
Share of listings with price cut: 18%
Mean days to close: 27
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Jim Glab / iStock.com December 2024 home value: $785,448
Two-year home value change (percentage): -1%
Mean price cut: $31,066
Share of listings with price cut: 20.4%
Mean days to close: 28
Giorgia Basso / Shutterstock.com December 2024 home value: $247,980
Two-year home value change (percentage): -4.3%
Mean price cut: $10,816
Share of listings with price cut: 18.3%
Mean days to close: 32
Sean Pavone / Getty Images/iStockphoto December 2024 home value: $303,018
Two-year home value change (percentage): 0.8%
Mean price cut: $7,885
Share of listings with price cut: 25.5%
Mean days to close: 32
Jonathan Ross / Getty Images/iStockphoto December 2024 home value: $442,350
Two-year home value change (percentage): 1.4%
Mean price cut: $17,442
Share of listings with price cut: 26.8%
Mean days to close: 33
DenisTangneyJr / Getty Images December 2024 home value: $199,706
Two-year home value change (percentage): -1.7%
Mean price cut: $9,278
Share of listings with price cut: 21.3%
Mean days to close: 32
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Kruck20 / iStock.com December 2024 home value: $407,079
Two-year home value change (percentage): 2.5%
Mean price cut: $14,433
Share of listings with price cut: 24.6%
Mean days to close: 35
Jacob Boomsma / Getty Images/iStockphoto December 2024 home value: $460,605
Two-year home value change (percentage): 0.2%
Mean price cut: $11,302
Share of listings with price cut: 27.3%
Mean days to close: 32
Chansak Joe / Getty Images December 2024 home value: $360,416
Two-year home value change (percentage): 1.4%
Mean price cut: $13,676
Share of listings with price cut: 23.2%
Mean days to close: 39
cristianl / iStock.com December 2024 home value: $293,623
Two-year home value change (percentage): 1.5%
Mean price cut: $12,188
Share of listings with price cut: 25.1%
Mean days to close: 34
Anthony M. Inswasty / iStock.com December 2024 home value: $407,681
Two-year home value change (percentage): 0.2%
Mean price cut: $19,861
Share of listings with price cut: 21.4%
Mean days to close: 35
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DenisTangneyJr / Getty Images/iStockphoto December 2024 home value: $188,200
Two-year home value change (percentage): -3.9%
Mean price cut: $9,784
Share of listings with price cut: 21.4%
Mean days to close: 32
Sean Pavone- / Shutterstock.com December 2024 home value: $310,944
Two-year home value change (percentage): -0.4%
Mean price cut: $14,155
Share of listings with price cut: 23.5%
Mean days to close: 29
Creative-Family / Getty Images/iStockphoto December 2024 home value: $601,363
Two-year home value change (percentage): 0.9%
Mean price cut: $14,361
Share of listings with price cut: 29.4%
Mean days to close: 29
TraceRouda / Getty Images/iStockphoto December 2024 home value: $278,648
Two-year home value change (percentage): -1.5%
Mean price cut: $11,965
Share of listings with price cut: 23.6%
Mean days to close: 36
Sean Pavone / Getty Images/iStockphoto December 2024 home value: $311,079
Two-year home value change (percentage): -1.9%
Mean price cut: $10,133
Share of listings with price cut: 24%
Mean days to close: 35
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BOB WESTON / Getty Images/iStockphoto December 2024 home value: $396,490
Two-year home value change (percentage): -1.3%
Mean price cut: $29,371
Share of listings with price cut: 18.7%
Mean days to close: 35
SeanPavonePhoto / Getty Images/iStockphoto December 2024 home value: $357,809
Two-year home value change (percentage): -1.7%
Mean price cut: $12,406
Share of listings with price cut: 25%
Mean days to close: 29
Paulo Almeida / Getty Images December 2024 home value: $334,844
Two-year home value change (percentage): -1.7%
Mean price cut: $13,397
Share of listings with price cut: 23.4%
Mean days to close: 35
©Shutterstock.com December 2024 home value: $354,012
Two-year home value change (percentage): -0.8%
Mean price cut: $12,955
Share of listings with price cut: 25.6%
Mean days to close: 33
Kruck20 / iStock.com December 2024 home value: $461,438
Two-year home value change (percentage): -0.6%
Mean price cut: $14,155
Share of listings with price cut: 29.6%
Mean days to close: 30
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Michael Warren / Getty Images December 2024 home value: $384, 842
Two-year home value change (percentage): 0.01%
Mean price cut: $15,787
Share of listings with price cut: 26%
Mean days to close: 35
typhoonski / Getty Images/iStockphoto December 2024 home value: $371,591
Two-year home value change (percentage): -1.2%
Mean price cut: $13,522
Share of listings with price cut: 27.6%
Mean days to close: 29
benedek / Getty Images/iStockphoto December 2024 home value: $234,281
Two-year home value change (percentage): -10.3%
Mean price cut: $14,583
Share of listings with price cut: 19.6%
Mean days to close: 33
benedek / Getty Images/iStockphoto December 2024 home value: $701,877
Two-year home value change (percentage): 0.9%
Mean price cut: $51,177
Share of listings with price cut: 17.5%
Mean days to close: 38
f11photo / Getty Images/iStockphoto December 2024 home value: $281,752
Two-year home value change (percentage): -5.1%
Mean price cut: $11,298
Share of listings with price cut: 24.6%
Mean days to close: 30
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Khairil Azhar Junos / Shutterstock.com December 2024 home value: $386,428
Two-year home value change (percentage): -5.6%
Mean price cut: $20,040
Share of listings with price cut: 18.8%
Mean days to close: 34
RoschetzkyIstockPhoto / Getty Images December 2024 home value: $450,099
Two-year home value change (percentage): -11%
Mean price cut: $20,173
Share of listings with price cut: 22.5%
Mean days to close: 25
©Shutterstock.com December 2024 home value: $450,174
Two-year home value change (percentage): -5.1%
Mean price cut: $21,197
Share of listings with price cut: 23.5%
Mean days to close: 38
Travis Woods contributed to the reporting for this piece.
Editor’s note: Photos are for representational purposes only and might not reflect the exact locations listed.
Methodology: GOBankingRates looked at the 200 largest Metro Statistical Areas (MSA). For each MSA, GOBankingRates found (1) 1-year percent change in home value; (2) 1-year change in home value in USD; (3) 2-year percent change in home value; (4) 2-year change in home value in USD; (5) For-Sale Inventory; (6) mean days from listing to pending; (7) mean list to sale ratio; (8) mean days from pending to close; (9) share of listings with a price cut; and (10) mean price cut. All data was sourced from Zillow’s December 2024 data. All factors were then scored and combined, with the highest score being the worst housing markets . In final calculations factors (1), (2), (9), and (10) were weighted 2x and factor (5) was weighted 0.5x. All data was collected on and is up to date as of Jan. 29, 2025.
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This article originally appeared on GOBankingRates.com : 50 Worst Housing Markets in the US for Growth