Open in App
  • Local
  • U.S.
  • Election
  • Politics
  • Sports
  • Lifestyle
  • Education
  • Real Estate
  • Newsletter
  • GOBankingRates

    15 Places Where Your Property Will Not Make You Much Money If You Sell It

    By Nicole Spector,

    12 hours ago

    https://img.particlenews.com/image.php?url=38QDhe_0vohAHsk00

    https://img.particlenews.com/image.php?url=09eJSZ_0vohAHsk00
    Feverpitched / Getty Images/iStockphoto

    Buying a home is one of the most important money moves you can make. Perhaps the most important of your entire life. As such, you need to be smart about the home you invest in. Will your home stand the test of time in terms of value? Will your investment appreciate over time ? Or, on the contrary, will it sink in value and leave you financially worse off should you decide to sell it?

    Check Out: 3 Best States to Buy Property in the Next 5 Years, According to Experts

    Learn More: How To Get Rich in Real Estate Starting With Just $1,000

    In a new study, GOBankingRates looked at the 200 largest metros to find where home values are dropping and thus will make you less money should you sell your home.

    Here are the top 15 cities, ranked in order from the most to least diminishing home values .

    https://img.particlenews.com/image.php?url=2XOZEi_0vohAHsk00
    Larry Gibson / iStock.com

    1. New Orleans

    • August 2023 home value: $252,227
    • August 2024 home value: $238,493
    • August 2025 projected home value: $224,661
    • 2-year projected home value change: -10.93%

    Read More: Home Prices Are Plummeting in 10 Formerly Overpriced Housing Markets

    For You: 8 Places Where Houses Are Suddenly Major Bargains

    Money mistakes the super wealthy never make - that you might be doing now.

    https://img.particlenews.com/image.php?url=4QhSww_0vohAHsk00
    DenisTangneyJr / Getty Images

    2. Lafayette, Louisiana

    • August 2023 home value: $191,728
    • August 2024 home value: $186,502
    • August 2025 projected home value: $175,125
    • 2-year projected home value change: -8.66%

    Learn More: 5 Housing Markets That Will Plummet in Value Before the End of 2025

    https://img.particlenews.com/image.php?url=14ZNUq_0vohAHsk00
    RoschetzkyIstockPhoto / iStock.com

    3. Austin, Texas

    • August 2023 home value: $476,350
    • August 2024 home value: $454,003
    • August 2025 projected home value: $444,469
    • 2-year projected home value change: -6.69%
    https://img.particlenews.com/image.php?url=18B01P_0vohAHsk00
    Jacob Boomsma / Shutterstock.com

    4. Beaumont, Texas

    • August 2023 home value: $165,241
    • August 2024 home value: $163,530
    • August 2025 projected home value: $154,209
    • 2-year projected home value change: -6.68%
    https://img.particlenews.com/image.php?url=1pzBp2_0vohAHsk00
    DenisTangneyJr / Getty Images/iStockphoto

    5. Laredo, Texas

    • August 2023 home value: $214,216
    • August 2024 home value: $205,766
    • August 2025 projected home value: $200,416
    • 2-year projected home value change: -6.44%

    Find Out: 20 Best Cities Where You Can Buy a House for Under $100K

    https://img.particlenews.com/image.php?url=4eAy9q_0vohAHsk00
    Sean Pavone / Shutterstock.com

    6. San Antonio, Texas

    • August 2023 home value: $292,855
    • August 2024 home value: $284,641
    • August 2025 projected home value: $280,941
    • 2-year projected home value change: -4.07%
    https://img.particlenews.com/image.php?url=2lJh8t_0vohAHsk00
    Khairil Azhar Junos / Shutterstock.com

    7. Cape Coral, Florida

    • August 2023 home value: $402,875
    • August 2024 home value: $386,534
    • August 2025 projected home value: $387,693
    • 2-year projected home value change: -3.77%
    https://img.particlenews.com/image.php?url=3X9RzF_0vohAHsk00
    DenisTangneyJr / Getty Images

    8. Corpus Christi, Texas

    • August 2023 home value: $220,398
    • August 2024 home value: $219,005
    • August 2025 projected home value: $212,873
    • 2-year projected home value change: -3.41%

    Explore More: America’s 50 Fastest-Growing Suburbs With Home Values Under $500,000

    https://img.particlenews.com/image.php?url=21hXZQ_0vohAHsk00
    Mishella / Getty Images/iStockphoto

    9. North Port, Florida

    • August 2023 home value: $460,333
    • August 2024 home value: $445,445
    • August 2025 projected home value: $447,227
    • 2-year projected home value change: -2.85%
    https://img.particlenews.com/image.php?url=4Qwtrr_0vohAHsk00
    DenisTangneyJr / iStock.com

    10. Lubbock, Texas

    • August 2023 home value: $207,654
    • August 2024 home value: $205,235
    • August 2025 projected home value: $202,978
    • 2-year projected home value change: -2.25%
    https://img.particlenews.com/image.php?url=0R6tKm_0vohAHsk00
    BOB WESTON / Getty Images/iStockphoto

    11. Crestview, Florida

    • August 2023 home value: $446,853
    • August 2024 home value: $438,186
    • August 2025 projected home value: $438,625
    • 2-year projected home value change: -1.84%

    Check Out: 3 Best Florida Cities To Buy Property in the Next 5 Years, According To Real Estate Agents

    https://img.particlenews.com/image.php?url=06QiHr_0vohAHsk00
    Sean Pavone / Shutterstock.com

    12. Jackson, Mississippi

    • August 2023 home value: $193,436
    • August 2024 home value: $193,313
    • August 2025 projected home value: $190,027
    • 2-year projected home value change: -1.76%
    https://img.particlenews.com/image.php?url=0SWu3O_0vohAHsk00
    Art Wager / Getty Images

    13. Honolulu

    • August 2023 home value: $860,891
    • August 2024 home value: $860,977
    • August 2025 projected home value: $846,340
    • 2-year projected home value change: -1.69%
    https://img.particlenews.com/image.php?url=3WZcMg_0vohAHsk00
    JoeChristensen / Getty Images

    14. Minneapolis

    • August 2023 home value: $373,509
    • August 2024 home value: $374,561
    • August 2025 projected home value: $368,568
    • 2-year projected home value change: -1.32%

    Discover More: 10 Worst Cities To Buy Property in the Next 5 Years, According to Real Estate Agents

    https://img.particlenews.com/image.php?url=2vIoyd_0vohAHsk00

    15. Longview, Texas

    • August 2023 home value: $214,461
    • August 2024 home value: $214,992
    • August 2025 projected home value: $211,767
    • 2-year projected home value change: -1.26%
    https://img.particlenews.com/image.php?url=4AJPBQ_0vohAHsk00
    Sean Pavone / Shutterstock.com

    Other Notable Metros

    Here are other notable cities where you could have a hard time making much off your home sale in 2025:

    • Portland, Oregon: -0.34% ($1,829)
    • Houston: -0.08% ($255)
    • Dallas: 0.16% ($585)
    • Denver: 0.17% ($963)
    • Jacksonville, Florida: 1.1% ($3,904)
    • Memphis, Tennessee: 1.26% ($2,980)

    Methodology: For this study GOBankingRates looked at the 200 largest metros according to Zillow and found the following: (1) August 2023 home value; (2) August 2024 home value; (3) August 2023 to August 2024 percent change in home value; (4) 1-year home value forecast; (5) August 2025 projected home value. With these figures calculated, GOBankingRates decided to look at metros with an August 2023 to August 2024 and August 2024 to August 2025 projected home value percent change below 1.00%. With these metros now isolated, GOBankingRates found the (6) 2023-25 2-year projected home value change. All data was collected on and is up to date as of Sept. 18, 2024.

    This article originally appeared on GOBankingRates.com : 15 Places Where Your Property Will Not Make You Much Money If You Sell It

    Expand All
    Comments / 1
    Add a Comment
    randomcitizen
    11h ago
    And any rural area that never recovered from 2008 and is not attractive as a "lakeside" community.
    View all comments
    YOU MAY ALSO LIKE
    Local News newsLocal News
    Total Apex Sports & Entertainment9 days ago
    Total Apex Sports & Entertainment2 days ago
    Total Apex Sports & Entertainment12 minutes ago

    Comments / 0