Mapped: Where U.S. Home Prices Are Rising—and Falling

Key Takeaways

• Chicago led major metros with a 4.0% year-over-year home price increase in 2025, while Honolulu recorded the steepest decline at -8.1%.
• Price declines were concentrated in Western and Sun Belt markets, led by Miami (-4.3%), Denver (-3.2%), and Phoenix (-2.3%).