50 Worst Housing Markets in the US for Growth
fotoVoyager / Getty Images/iStockphoto
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
Sean Pavone / Shutterstock.com

50. Oklahoma City

  • 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
©Shutterstock.com

49. Santa Rosa, California

  • 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
Sean Pavone / Getty Images/iStockphoto

48. Charleston, South Carolina

  • 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
Kyle Sprague / Shutterstock.com

47. Portland, Oregon

  • 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
Ultima_Gaina / Getty Images/iStockphoto

46. Indianapolis

  • 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