Home price growth by city
The rates of property value growth have slowed in recent times from the historical highs set in 2020 and 2021.
Overall, U.S. home prices rose 1.1% year-over-year in August, according to Intercontinental Exchange. But that ranged by over 17 percentage points among the 100 largest U.S. metro areas.
See which cities saw the biggest and smallest home price growth.
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With mortgage rates staying higher for longer and for-sale supply increasing, the rate of property value growth has normalized in 2025.
Home prices rose 1.1% annually in August from 1.04% in July, according to Intercontinental Exchange’s Home Price Index. Broken down further, single-family house prices grew 1.4% year-over-year, while condo prices decreased 1.9%.
“Property insurance costs continue to be the fastest growing subcomponent of mortgage payments among existing homeowners,” said Andy Walden, head of mortgage and housing market research at Intercontinental Exchange.
“While mortgage principal, interest and property tax payments have all increased in recent years, insurance has far outpaced those gains, rising 4.9% in 2025, 11.3% annually and nearly 70% over the past five and a half years. That rapid escalation now means insurance alone consumes almost one in every ten dollars spent on average mortgage-related costs.”
Among the 100 largest metro areas, Syracuse, N.Y., led the way with an 8.4% annual gain. Scranton, Pa. (7.5%), came next, with Bridgeport, Conn. (6.9%), Buffalo, N.Y. (6.9%), and Hartford, Conn. and Rochester, N.Y. (6.7%), rounding out the top five.
Overall, 29 cities posted negative annual price growth, with 15 in the South and 14 in the West. Cape Coral, Fla., fell the most (-9.2%). Above that were North Port, Fla. (-8.4%), Austin, Texas (-4.6%), Tampa, Fla. (-4.3%) and Deltona, Fla. (-3.6%).
The table below shows the HPI changes in August 2025 for the top 100 largest cities, according to Intercontinental Exchange:
| Metro Area | Size Rank | Month-Over-Month Growth % | Year-Over-Year Growth % | Peak Home Price Index | Current Home Price Index |
| National | - | 0.03% | 1.1% | $ 436,281 | $ 435,934 |
| Akron, OH | 77 | 0.5% | 4.1% | $ 261,533 | $ 261,533 |
| Albany, NY | 61 | 0.4% | 4.9% | $ 374,848 | $ 374,848 |
| Albuquerque, NM | 59 | -0.1% | 1.8% | $ 367,807 | $ 367,097 |
| Allentown, PA | 68 | 0.1% | 3.5% | $ 371,550 | $ 371,550 |
| Atlanta, GA | 9 | -0.3% | -0.2% | $ 415,601 | $ 412,809 |
| Augusta, GA | 93 | 0.2% | 3.5% | $ 288,948 | $ 288,948 |
| Austin, TX | 35 | -0.4% | -4.6% | $ 597,036 | $ 469,307 |
| Bakersfield, CA | 63 | 0.2% | 0.4% | $ 378,408 | $ 375,351 |
| Baltimore, MD | 20 | 0.0% | 1.6% | $ 410,251 | $ 409,484 |
| Baton Rouge, LA | 69 | -0.2% | 0.7% | $ 262,933 | $ 261,968 |
| Birmingham, AL | 48 | 0.4% | 3.3% | $ 299,356 | $ 299,356 |
| Boise City, ID | 83 | -0.1% | 1.4% | $ 549,349 | $ 521,432 |
| Boston, MA | 10 | 0.1% | 3.2% | $ 771,345 | $ 770,726 |
| Bridgeport, CT | 57 | 0.5% | 6.9% | $ 742,441 | $ 742,441 |
| Buffalo, NY | 49 | 0.6% | 6.9% | $ 325,015 | $ 325,015 |
| Cape Coral, FL | 82 | -0.1% | -9.2% | $ 448,710 | $ 383,626 |
| Charleston, SC | 78 | -0.4% | 0.8% | $ 527,375 | $ 523,062 |
| Charlotte, NC | 23 | -0.1% | 0.8% | $ 438,075 | $ 437,058 |
| Chattanooga, TN | 99 | 0.0% | 1.1% | $ 357,152 | $ 356,784 |
| Chicago, IL | 3 | 0.3% | 5.3% | $ 385,935 | $ 385,935 |
| Cincinnati, OH | 28 | 0.6% | 4.6% | $ 326,385 | $ 326,385 |
| Cleveland, OH | 29 | 0.7% | 5.7% | $ 264,568 | $ 264,568 |
| Colorado Springs, CO | 79 | -0.1% | -0.5% | $ 501,686 | $ 489,527 |
| Columbia, SC | 72 | -0.1% | 3.1% | $ 297,191 | $ 297,024 |
| Columbus, OH | 32 | 0.2% | 2.7% | $ 358,525 | $ 358,525 |
| Dallas, TX | 4 | -0.2% | -2.2% | $ 437,555 | $ 419,437 |
| Dayton, OH | 70 | 0.5% | 5.1% | $ 251,018 | $ 251,018 |
| Deltona, FL | 90 | 0.0% | -3.6% | $ 370,954 | $ 354,515 |
| Denver, CO | 21 | -0.3% | -2.5% | $ 628,368 | $ 595,688 |
| Des Moines, IA | 91 | 0.2% | 1.1% | $ 302,064 | $ 302,064 |
| Detroit, MI | 14 | 0.5% | 4.3% | $ 289,192 | $ 289,192 |
| El Paso, TX | 67 | -0.1% | 0.8% | $ 261,117 | $ 259,359 |
| Fresno, CA | 56 | 0.1% | 1.4% | $ 436,086 | $ 436,086 |
| Grand Rapids, MI | 52 | 0.5% | 4.8% | $ 360,446 | $ 360,446 |
| Greensboro, NC | 73 | 0.3% | 3.4% | $ 303,493 | $ 303,493 |
| Greenville, SC | 65 | -0.1% | 3.0% | $ 356,984 | $ 356,723 |
| Harrisburg, PA | 96 | 0.4% | 4.4% | $ 318,984 | $ 318,984 |
| Hartford, CT | 46 | 0.6% | 6.7% | $ 421,231 | $ 421,231 |
| Honolulu, HI | 54 | 0.1% | 0.0% | $ 796,517 | $ 793,600 |
| Houston, TX | 5 | -0.4% | -1.8% | $ 362,581 | $ 355,998 |
| Indianapolis, IN | 33 | 0.3% | 2.8% | $ 325,056 | $ 325,056 |
| Jackson, MS | 92 | 0.2% | 4.0% | $ 252,497 | $ 252,497 |
| Jacksonville, FL | 40 | -0.1% | -2.3% | $ 388,552 | $ 377,748 |
| Kansas City, MO | 30 | 0.0% | 2.9% | $ 358,078 | $ 357,941 |
| Knoxville, TN | 64 | 0.3% | 2.8% | $ 403,885 | $ 403,885 |
| Lakeland, FL | 87 | 0.0% | -3.0% | $ 319,185 | $ 306,789 |
| Las Vegas, NV | 31 | 0.0% | -0.1% | $ 458,426 | $ 451,663 |
| Little Rock, AR | 75 | 0.3% | 2.5% | $ 255,139 | $ 255,139 |
| Los Angeles, CA | 2 | -0.2% | 0.2% | $ 1,063,420 | $ 1,048,990 |
| Louisville, KY | 43 | 0.3% | 4.2% | $ 307,989 | $ 307,989 |
| Madison, WI | 86 | 0.2% | 4.5% | $ 440,941 | $ 440,941 |
| McAllen, TX | 71 | -0.3% | 0.3% | $ 251,686 | $ 248,634 |
| Memphis, TN | 41 | -0.1% | 0.7% | $ 264,879 | $ 264,124 |
| Miami, FL | 8 | -0.2% | -3.3% | $ 540,401 | $ 522,230 |
| Milwaukee, WI | 39 | 0.3% | 5.4% | $ 369,105 | $ 369,105 |
| Minneapolis, MN | 16 | 0.2% | 2.4% | $ 406,990 | $ 406,990 |
| Nashville, TN | 36 | 0.0% | 0.5% | $ 487,175 | $ 486,605 |
| New Haven, CT | 62 | 0.6% | 6.5% | $ 463,135 | $ 463,135 |
| New Orleans, LA | 45 | -0.2% | 0.1% | $ 294,255 | $ 288,630 |
| New York, NY | 1 | 0.3% | 5.2% | $ 786,645 | $ 786,645 |
| North Port, FL | 74 | -0.5% | -8.4% | $ 504,062 | $ 435,439 |
| Ogden, UT | 88 | 0.0% | 1.1% | $ 528,113 | $ 519,197 |
| Oklahoma City, OK | 42 | 0.1% | 1.6% | $ 273,846 | $ 273,846 |
| Omaha, NE | 60 | 0.3% | 2.8% | $ 323,459 | $ 323,459 |
| Orlando, FL | 26 | -0.2% | -2.6% | $ 415,383 | $ 404,003 |
| Oxnard, CA | 66 | -0.2% | -0.5% | $ 926,898 | $ 907,614 |
| Palm Bay, FL | 98 | -0.2% | -3.1% | $ 385,250 | $ 370,390 |
| Philadelphia, PA | 6 | 0.2% | 3.9% | $ 431,321 | $ 431,321 |
| Phoenix, AZ | 13 | -0.2% | -2.0% | $ 515,624 | $ 479,473 |
| Pittsburgh, PA | 22 | 0.4% | 3.8% | $ 289,683 | $ 289,683 |
| Portland, OR | 24 | -0.3% | -0.9% | $ 575,389 | $ 559,123 |
| Providence, RI | 38 | 0.0% | 4.0% | $ 560,706 | $ 559,272 |
| Provo, UT | 97 | 0.2% | 0.8% | $ 572,910 | $ 557,451 |
| Raleigh, NC | 47 | -0.2% | -0.5% | $ 478,184 | $ 471,616 |
| Richmond, VA | 44 | 0.0% | 3.0% | $ 432,007 | $ 432,007 |
| Riverside, CA | 12 | 0.1% | -0.5% | $ 596,771 | $ 589,624 |
| Rochester, NY | 51 | 0.3% | 6.7% | $ 304,588 | $ 304,588 |
| Sacramento, CA | 27 | 0.0% | -0.7% | $ 618,324 | $ 599,372 |
| Salt Lake City, UT | 50 | 0.0% | 0.4% | $ 592,344 | $ 583,178 |
| San Antonio, TX | 25 | -0.4% | -2.3% | $ 345,780 | $ 324,228 |
| San Diego, CA | 17 | -0.2% | -1.0% | $ 1,007,360 | $ 990,244 |
| San Francisco, CA | 11 | -0.2% | -2.7% | $ 1,246,150 | $ 1,124,600 |
| San Jose, CA | 34 | -0.2% | -1.4% | $ 1,575,590 | $ 1,519,750 |
| Scranton, PA | 94 | 0.4% | 7.5% | $ 257,473 | $ 257,473 |
| Seattle, WA | 15 | 0.0% | -0.3% | $ 807,879 | $ 788,558 |
| Spokane, WA | 100 | -0.1% | 1.2% | $ 436,873 | $ 434,681 |
| Springfield, MA | 85 | 0.6% | 6.0% | $ 373,324 | $ 373,324 |
| St. Louis, MO | 19 | 0.3% | 3.3% | $ 305,743 | $ 305,743 |
| Stockton, CA | 76 | -0.3% | -2.6% | $ 573,168 | $ 542,920 |
| Syracuse, NY | 80 | 1.0% | 8.4% | $ 298,385 | $ 298,385 |
| Tampa, FL | 18 | -0.3% | -4.3% | $ 412,239 | $ 390,059 |
| Toledo, OH | 89 | 0.5% | 4.2% | $ 224,151 | $ 224,151 |
| Tucson, AZ | 53 | 0.1% | -0.8% | $ 376,962 | $ 370,973 |
| Tulsa, OK | 55 | 0.3% | 2.7% | $ 280,320 | $ 280,320 |
| Virginia Beach, VA | 37 | 0.2% | 3.4% | $ 394,495 | $ 394,495 |
| Washington, DC | 7 | -0.2% | 0.2% | $ 619,338 | $ 612,889 |
| Wichita, KS | 84 | 0.3% | 3.4% | $ 261,453 | $ 261,453 |
| Winston-Salem, NC | 81 | 0.0% | 2.7% | $ 311,684 | $ 311,327 |
| Worcester, MA | 58 | 0.3% | 4.0% | $ 525,459 | $ 525,459 |
| Youngstown, OH | 95 | 0.5% | 5.3% | $ 211,802 | $ 211,802 |
Advice for home buyers
Whether you’re looking to buy a property or sell one, knowing your market’s price movements can be a big help.
Before making any offers, you should be aware of what to look out for, how to negotiate your mortgage rate, take advice from experts, and see what financial assistance you might qualify for.
If you’re ready to become a homeowner, reach out to a local mortgage lender today and get started.
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