Home-listing prices are down as much as 12% in boomtowns in Florida, Texas, and other popular states

• Home-listing prices are dropping in some of America's most popular cities.
• Metros in Florida, Texas, and other states are seeing listing prices fall by as much as 12%, per Realtor.com.
• Demand is easing in some cities that saw a surge in demand during the pandemic.

Home-listing prices are tumbling in a handful of pandemic boomtowns, thanks to a buildup of inventory that's beginning to exceed the level of demand.

Home-listing prices dropped as much as 12% in the 12 months through September in metros throughout the US, according to data from Realtor.com . That's a steeper decline compared to the rest of the country, with the national median home price falling just 1% year-over-year in September, the real-estate-listings site said in a report.

Meanwhile, Realtor.com said this was the 11th consecutive month of annual inventory growth, bringing it to the highest count since April 2020

Demand in some pandemic boomtowns has fallen over the past year, as states like Florida and Texas see issues like a rising cost of living, weather events, and tense political climates that have caused some residents to sour on the state.

Here are the top 10 cities where home-listing prices are falling the most, according to Realtor.com.

1. Miami-Fort Lauderdale-Pompano Beach, Fla.

Median list price: $525,000

Change from last year: -12.4%

2. Cincinnati, Ohio-Ky.-Ind.

Median list price: $337,000

Change from last year: -9.5%

3. San Francisco-Oakland-Berkeley, Calif.

Median list price: $997,500

Change from last year: -8.9%

4. Kansas City, Mo.-Kan.

Median list price: $389,500

Change from last year: -8.4%

5. Austin-Round Rock-Georgetown, Texas

Median list price: $520,000

Change from last year: -6.6%

6. Jacksonville, Fla.

Median list price: $399,000

Change from last year: -6.1%

7. Denver-Aurora-Lakewood, Colo.

Median list price: $610,250

Change from last year: -6%

8. Orlando-Kissimmee-Sanford, Fla.

Median list price: $429,950

Change from last year: -5.6%

9. Tampa-St. Petersburg-Clearwater, Fla.

Median list price: $414,948

Change from last year: -5.5%

10. Nashville-Davidson-Murfreesboro-Franklin, Tenn.

Median list price: $547,865

Change from last year: -5.4%

Editors note: This story has been updated to clarify that the Realtor.com data shows home-listing prices.