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Home Prices Drop in 14 Major US Metros

Home Prices Drop in 14 Major US Metros

Last updated: August 5, 2025 4:48 am
By Naveen Athrappully
1 Min Read
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Home Prices Drop in 14 Major US Metros

A property for sale in Washington on May 19, 2025. Madalina Vasiliu/The Epoch Times

The median sales price of homes fell in 14 out of the 50 most populous metros in the United States for the four weeks ending on July 27, real estate brokerage Redfin said in a July 31 statement.

Oakland, California, saw the largest drop, with the median sales price registering a year-over-year decline of 6.8 percent. It was followed by West Palm Beach and Jacksonville in Florida, and Austin and Houston in Texas.

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