Are Home Prices Really Falling? Here’s What Homeowners Need to Know

If you’ve seen recent headlines about home prices dropping, you’re not alone. Many homeowners are wondering the same thing:

“Is my home losing value?”

The short answer? Probably not.
And for most homeowners, the truth is far more reassuring than the headlines suggest.

Headlines Don’t Tell the Whole Story 

Yes, some local markets saw small price dips over the past year. But here’s what often gets left out:

Home prices are not falling nationwide.
Most areas are still seeing prices rise, just at a slower and healthier pace.

After years of rapid growth during the pandemic, the market is settling into something more normal. That’s not a crash—it’s a correction.

What’s Actually Happening With Home Values? 

Across most of the country, home prices are still increasing year over year. The gains aren’t as dramatic as they were a few years ago, but that’s a good thing. Slower growth creates a more stable market for buyers and sellers alike.

In the few areas where prices dipped slightly, the changes are modest—often around 1–2%. These are typically places where prices rose very quickly during the pandemic and are now leveling out.

That’s normalization, not collapse.

Most Homeowners Are Still in a Strong Position

Here’s a stat that matters:

✅ About 96% of homeowners still own homes worth more than they paid for them.

Why? Because when you zoom out and look at the bigger picture, home prices have risen dramatically over time. Nationally, prices are up nearly 50% over the last five years.

That kind of growth means small, short-term dips don’t erase the equity most homeowners have built.

What This Means for You

If you own a home, the key takeaway is simple:

A small dip in some markets doesn’t mean your home’s value is collapsing

Most homeowners still have strong equity

Real estate is local—what matters most is your specific market

Headlines focus on what gets attention. Your financial decisions should focus on facts.

Want the Real Numbers for Your Home?

If you’re curious (or concerned) about what’s happening right here in our local market, I’m happy to help.

Request a free home value check
Get real data, not scary headlines
No pressure—just clarity

Text me “VALUE” or contact me here to get started. tinayakelrealtor@gmail.com
352-213-1084

Because peace of mind beats panic every time.