Study: Housing Markets Where Prices Are…Backpedaling?

Home prices are seemingly on a runaway train in the majority of housing markets, already up 5.5 percent year-over-year at the start of the spring home-buying and -selling season. There are some markets, however, where values are backpedaling, according to a recent GOBankingRates study. They are:

1. Sugar Land, Texas
   Median List Price (April 2017): $399,500
   Median List Price (April 2016): $415,495
   Price Change: -$15,995

2. Miami, Fla.
   Median List Price (April 2017): $435,000
   Median List Price (April 2016): $450,000
   Price Change: -$15,000

3. McAllen, Texas
   Median List Price (April 2017): $205,000
   Median List Price (April 2016): $220,000
   Price Change: -$15,000

4. Houston, Texas
   Median List Price (April 2017): $319,000
   Median List Price (April 2016): $329,900
   Price Change: -$10,900
   

5. Anchorage, Alaska
   Median List Price (April 2017): $314,900
   Median List Price (April 2016): $324,600
   Price Change: -$9,700
   

Source: GOBankingRates