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Zillow becomes a drop
Let’s be clear: Zillow economists still do not call a national accident for the price of houses, but they simply had to become a lowering – at least in 2025.
On Thursday, Zillow economists published their updated forecasting model, providing that the prices of American houses, as measured by the Zillow House value index, will drop -1.7% Between March 2025 and March 2026.
In March, Zillow lowered his 12 -month prospects for American houses prices + 0.8%. In February, Zillow downgraded his 12 -month prospects to + 1.1%. And at the beginning of January, the forecasts of the national price of Zillow houses were + 2.9%.
Why does Zillow continue to reduce its national prices of houses?
“The increase in lists (active) feeds the growth of smaller prices, because a greater offer offers more options and more negotiation power for buyers,” write economists from Zillow. “Potential buyers choose to remain tenants longer, because the challenges of affordability remove the demand for purchases of houses.”
About, Zillow thinks that the affordability of tense housing – driven by the American prices of houses up 40% during the boom of pandemic housing and mortgage rates from 3% to 6% in 2022 – weighs on the national growth in house prices.
“Affordability is always difficult for buyers. Mortgage payment in a typical house in March required around 35.3% of household median income nationally when using a deposit of 20%. It is a slight improvement compared to last year, but it is still unaffordable. Speating more than 30% of the income for housing is considered a financial burden, and a 20% payment of 20% is a high cost of seizure, which extends to around $ 72,000 on the typical American house. ”.
According to the price model of zillow houses, the registration site also believes that weakening and softening the housing markets in the Gulf will weigh the prices of aggregated houses at the national level this year.
Click here To display an interactive version of the card below
Among the 300 largest housing markets in the American metropolitan region, Zillow expects the highest appreciation of house prices between March 2025 and March 2026 to occur in these 10 zones.
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Atlantic City, NJ → + 2.4%
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Kingston, NY → + 1.9%
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ROCHESTER, NY → + 1.8%
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Knoxville, Tn → + 1.7%
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Torrington, ct → + 1.6%
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Bangor, me → + 1.5%
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Syracuse, ny → + 1.4%
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Vineland, NJ → + 1.4%
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Concord, NH → + 1.3%
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Norwich, CT → + 1.2%
Among the 300 largest housing markets in the American metropolitan region, Zillow expects the lowest appreciation of house prices between March 2025 and March 2026 to occur in these 10 zones.
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Houma, the → -10.1%
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Lake Charles, the → -8.9%
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New Orleans, the → -7.6%
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Lafayette, the → -7.5%
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Shreveport, the → -7.0%
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Alexandria, the -7.0%
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Beaumont, tx → -6.6%
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Odessa, TX → -6.3%
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Midland, TX → -5.7%
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Monroe, the → -5.5%
Resiclub Pro Members can consult our latest analysis of house prices on +800 metros and +3,000 counties here.
My reflections on the updated regional forecasts of Zillow?
I must note that not all forecasts are asted in 2025 as Zillow.
In March, Fannie Mae still plans that the prices of American houses, as measured by the price of the prices of the houses of Fannie Mae, will increase + 1.7% In 2025, while Wells Fargo plans that the prices of American houses, as measured by the national index of national cases of cases, will increase + 3.0% in 2025.
