RealtyHop Market Health Report analyzed more than 300,000 real estate listings to calculate the market health of each city. All of the 100 largest housing markets recorded declines. The following shows the percentage declines and following the name of the city is the amount of the decline.
-2.31% Denver (-$10,100)
-2.36% Raleigh (-$10,000)
-2.42% Nashville (-$10,000)
-2.55% Jacksonville (-$5,100)
-2.61% Oklahoma City (-$6,000)
-2.64% Dallas (-$10,000)
-2.67% Orlando (-$10,000)
-2.78% Tulsa (-$8,500)
-2.86% Atlanta (-$10,000)
-2.87% Austin (-$14,900)
-2.88% Chicago (-$10,000)
-2.95% Portland (-$15,000)
-2.99% Baton Rouge (-$5,500)
-3.00% Washington DC (-$15,100)
-3.06% Philadelphia (-$10,000)
-3.16% Richmond (-$10,000)
-3.18% Louisville (-$5,025)
-3.22% Kansas City (-$7,500)
-3.24% Indianapolis (-$7,500)
-3.35% Memphis (-$8,000)
-3.50% New Orleans (-$14,000)
-3.61% Baltimore (-$10,000)
-3.69% Milwaukee (-$5,500)
-3.70% Birmingham (-$5,500)
-4.17% Cincinnati (-$10,000)
-4.78% San Francisco (-$67,000)
-5.00% Cleveland (-$5,100)
-5.59% Buffalo (-$10,000)
-6.80% Detroit (-$8,000)
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The number of years that it takes for a household to meet the 20% down payment for home ownership, based on median asking price and median income:
11.26 years – San Francisco
7.21 years – Dallas
7.03 years – Washington D.C.
7.79 years – New Orleans
6.22 years – Nashville
6.2 years – Denver
6.1 years – Portland
5.97 years – Austin
5.82 years – Houston
5.71 years – Birmingham
5.65 years – Chicago
5.64 years – Richmond
5.32 years – Atlanta
5.11 years – Philadelphia
5.02 years – Baton Rouge
4.55 years – Tulsa
4.54 years – Raleigh
4.45 years – St. Louis
3.86 years – Jacksonville
3.79 years – Oklahoma City
3.65 years – Memphis
3.28 years – Cleveland
1.62 years – Detroit
Source: Realtyhop
