10 Cities Where Home Prices Are Falling Most in 2023 Ranked

Chicago takes the top spot on our list, with home prices dropping by 8% in 2023. The Windy City is experiencing a buyer's market, so now might be the perfect time to make your move.

Chicago, Illinois

Las Vegas, famous for its vibrant nightlife, is witnessing a 7% decrease in home prices. It's an excellent opportunity for those looking to invest in the Las Vegas housing market.

Las Vegas, Nevada

Seattle, known for its tech industry, is experiencing a 6% decrease in home prices. Buyers can explore the Emerald City without breaking the bank.

Seattle, Washington

The Magic City is seeing a 5% reduction in home prices. If you've ever dreamed of owning a piece of Miami's paradise, now might be your chance.

Miami, Florida

Even the Big Apple isn't immune to the trend, with a 4% drop in home prices. Explore the city that never sleeps without overspending.

New York City, New York

Denver's real estate market is cooling down with a 3% decrease in home prices. Don't miss out on the opportunities the Mile-High City has to offer.

Denver, Colorado

Atlanta is becoming more affordable, with a 2% decline in home prices. Discover the southern charm of this city without breaking the bank.

Atlanta, Georgia

San Francisco is experiencing a 2% drop in home prices. Explore the iconic city by the bay without the high price tag.

San Francisco, California

Houston's real estate market is cooling off, with a 1% decrease in home prices. It's a buyer's market in the Lone Star State.

Houston, Texas

Phoenix rounds out our list with a 1% reduction in home prices. Explore the desert beauty of this southwestern city at a more affordable price.

Phoenix, Arizona

In 2023, these 10 cities offer opportunities for buyers as home prices are on the decline. Whether you're looking for an investment property or your dream home, keep an eye on these markets for potential savings.


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