Home values can reflect cost-of-living trends in an area and provide prospective homebuyers, existing homeowners and their financial advisors a pulse on the momentum in their local market.
A new study from SmartAsset shows that the typical home value in large U.S. cities declined by 1.04% between 2025 and 2026, with values dropping in 70% of cities. At the same time, the study indicates that the full range of changes from market to market ran the gamut from -9.1% to 5.01%.
This variation put both hopeful buyers and homeowners in starkly different environments across the country.
For its study, SmartAsset ranked 100 of the largest U.S. cities based on the one-year change in the typical local home value. It also reported changes over the past five years and from the pre-pandemic year 2019.
Researchers tapped data in February 2026, 2025 and 2021 from Zillow's Home Value Index for single-family homes, condos and co-ops.
See the accompanying gallery for the 12 U.S. cities with the biggest increases in typical home value.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.