January 21, 2021 9:38 pm

The 15 Worst US Housing Markets For The Next Five Years

Austin, texas

Many analysts agree that home prices have bottomed out.

According to the latest data from Fiserv Case-Shiller, National home prices are expected to rise 3.3 percent in the next five years.

Of course, there will be many cities that see home prices lag behind the rest of the country.

We drew on the Fiserv Case-Shiller data to identify the 15 worst housing markets in the U.S.

The bottom 15 cities are ranked by the projected annualized change in home prices between Q3 2012 and Q3 2017.

We also included the median home price, median household income, unemployment rate, and the change in home prices since their peak, to offer a broader view of the local economy and housing market.

Note: The median family income and home price is for Q3 2012. Unemployment data is as of December 2012, and population data for the metros is for 2011.

Austin-Round Rock-San Marcos, Texas

Annualized expected growth from Q3 2012 – Q3 2017: +1.4 percent

The Austin-Round Rock-San Marcos metro area has seen home prices fall 0.2 percent since they peaked in Q1 2009. It has a median home price of $208,000, which is above the national median of $178,200.

It has a population of nearly 1.8 million, an unemployment rate of 5.1 percent, and a median family income of $73,800, which is below the national median of $63,800.

Data provided by Fiserv Case Shiller Indexes

College Station-Bryan, Texas

Annualized expected growth from Q3 2012 – Q3 2017: +1.4 percent

The College Station-Bryan area has a population of about 231,623 million, an unemployment rate of 5.3 percent, and a median family income of $54,800.

Data provided by Fiserv Case Shiller Indexes

Waterloo-Cedar Falls, Iowa

Annualized expected growth from Q3 2012 – Q3 2017: +1.4 percent

The Waterloo-Cedar Falls metro area has a population of about 168,289, an unemployment rate of 5.0 percent, and a median family income of $65,200.

Data provided by Fiserv Case Shiller Indexes

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Elizabeth Steinfeldt

Elizabeth Steinfeldt

Writing/Blogging about Finance, Investing, Economy, World News!