National Home Price Change
U.S. typical home value moved from $346,772 in June 2022 to $366,019 in March 2026.
Dollar Change
Approximate gain in the national ZHVI typical home value since the “crash is coming” period.
Client Translation
Nationally flat-to-up, with major weakness concentrated in specific pandemic-boom markets.
Top 3 and Bottom 3 Markets Since June 2022
Ranked among the largest 100 U.S. metros by Zillow SizeRankTop 3 — Strongest Appreciation
Syracuse, NY
$192,851 → $254,402
Hartford, CT
$304,293 → $389,416
New Haven, CT
$317,569 → $397,333
Bottom 3 — Biggest Pullbacks
Austin, TX
$570,419 → $427,045
Cape Coral, FL
$403,501 → $339,952
North Port, FL
$471,890 → $403,900
Largest 100 Metro Rankings — Detail
ZHVI typical home value, all homes| Market | June 2022 | March 2026 | Dollar Change | % Change |
|---|---|---|---|---|
| Syracuse, NYNY | $192,851 | $254,402 | $61,551 | +31.9% |
| Hartford, CTCT | $304,293 | $389,416 | $85,123 | +28.0% |
| New Haven, CTCT | $317,569 | $397,333 | $79,763 | +25.1% |
| Austin, TXTX | $570,419 | $427,045 | $-143,374 | -25.1% |
| Cape Coral, FLFL | $403,501 | $339,952 | $-63,549 | -15.7% |
| North Port, FLFL | $471,890 | $403,900 | $-67,990 | -14.4% |
How to Explain This to Clients
Simple talking points1. The national crash call was wrong.
From June 2022 through March 2026, national home values rose about +5.6%. Higher rates hurt affordability, but they did not create a broad national price collapse.
2. The correction was local.
Austin, parts of Florida, Phoenix, and some high-cost West Coast markets were hit because prices ran too far, inventory came back, and affordability broke.
3. “Avoid” means analyze harder.
Weak markets are not automatically bad, but buyers need better comps, stronger negotiation, longer holding periods, and less aggressive appreciation assumptions.
All-Metro Footnote
Includes small metros; useful but noisierIf every Zillow-tracked metro is included, the top three are Oxford, MS (+35.7%), Shawano, WI (+34.5%), Rockford, IL (+33.5%). The bottom three are Greenville, MS (-50.3%), Pecos, TX (-43.2%), Bennettsville, SC (-33.3%). I would not lead with those small-market rankings in a client presentation because very small metros can produce more volatile readings.