9 Southern Cities Where Home Prices are Plummeting

San Antonio, Texas

Median home price decreased by 4.6% from Q1 2023 to Q1 2024, now at $305,800. An annual income of $77,516 is needed with a 20% down payment.

Cape Coral, Florida

Saw a 4.4% decrease in median home price, now at $415,000. An annual income of $105,197 is needed with a 20% down payment.

Panama City, Florida

Experienced a 3.8% decline in median home price, now at $351,000. An annual income of $88,974 is needed with a 20% down payment.

Baton Rouge, Louisiana

Witnessed a 1.1% decrease in median home price, now at $260,000. An annual income of $65,907 is needed with a 20% down payment.

Shreveport, Louisiana

Saw a 0.9% decline in median home price, now at $213,600. An annual income of $54,145 is needed with a 20% down payment.

Myrtle Beach, South Carolina

Experienced a 0.6% decrease in median home price, now at $366,100. An annual income of $92,802 is needed with a 20% down payment.

Austin, Texas

Saw a marginal 0.3% decrease in median home price, now at $466,700. An annual income of $118,302 is needed with a 20% down payment.

Crestview, Florida

Witnessed a slight 0.2% decrease in median home price, now at $399,000. An annual income of $101,141 is needed with a 20% down payment.

Little Rock, Arkansas

Experienced a minor 0.1% decline in median home price, now at $202,800. An annual income of $51,407 is needed with a 20% down payment.