West and South See Widespread Losses in Home Value, Signaling Market Normalization
Tuesday, November 18th, 2025
Despite home prices remaining historically high, new research from Zillow shows that more and more homes are losing value in the U.S. in 2025, signaling some normalization coming to the housing market. Zillow’s new report—based on Zestimate® data—found that 53% of all U.S. homes have lost value since 2024. This is the highest share of…