15 Places Where Your Property Will Not Make You Much Money If You Sell It

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Buying a home is one of the most important money moves you can make. Perhaps the most important of your entire life. As such, you need to be smart about the home you invest in. Will your home stand the test of time in terms of value? Will your investment appreciate over time? Or, on the contrary, will it sink in value and leave you financially worse off should you decide to sell it?

Check Out: 3 Best States to Buy Property in the Next 5 Years, According to Experts

Learn More: How To Get Rich in Real Estate Starting With Just $1,000

In a new study, GOBankingRates looked at the 200 largest metros to find where home values are dropping and thus will make you less money should you sell your home.

Here are the top 15 cities, ranked in order from the most to least diminishing home values.

Larry Gibson / iStock.comLarry Gibson / iStock.com

Larry Gibson / iStock.com

1. New Orleans

  • August 2023 home value: $252,227

  • August 2024 home value: $238,493

  • August 2025 projected home value: $224,661

  • 2-year projected home value change: -10.93%

Read More: Home Prices Are Plummeting in 10 Formerly Overpriced Housing Markets

For You: 8 Places Where Houses Are Suddenly Major Bargains

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DenisTangneyJr / Getty ImagesDenisTangneyJr / Getty Images

DenisTangneyJr / Getty Images

2. Lafayette, Louisiana

  • August 2023 home value: $191,728

  • August 2024 home value: $186,502

  • August 2025 projected home value: $175,125

  • 2-year projected home value change: -8.66%

Learn More: 5 Housing Markets That Will Plummet in Value Before the End of 2025

RoschetzkyIstockPhoto / iStock.comRoschetzkyIstockPhoto / iStock.com

RoschetzkyIstockPhoto / iStock.com

3. Austin, Texas

  • August 2023 home value: $476,350

  • August 2024 home value: $454,003 

  • August 2025 projected home value: $444,469

  • 2-year projected home value change: -6.69%

Jacob Boomsma / Shutterstock.comJacob Boomsma / Shutterstock.com

Jacob Boomsma / Shutterstock.com

4. Beaumont, Texas

  • August 2023 home value: $165,241

  • August 2024 home value: $163,530 

  • August 2025 projected home value: $154,209

  • 2-year projected home value change: -6.68%

DenisTangneyJr / Getty Images/iStockphotoDenisTangneyJr / Getty Images/iStockphoto

DenisTangneyJr / Getty Images/iStockphoto

5. Laredo, Texas

  • August 2023 home value: $214,216

  • August 2024 home value: $205,766 

  • August 2025 projected home value: $200,416

  • 2-year projected home value change: -6.44%

Find Out: 20 Best Cities Where You Can Buy a House for Under $100K

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Sean Pavone / Shutterstock.com

6. San Antonio, Texas

  • August 2023 home value: $292,855

  • August 2024 home value: $284,641 

  • August 2025 projected home value: $280,941

  • 2-year projected home value change: -4.07%

Khairil Azhar Junos / Shutterstock.comKhairil Azhar Junos / Shutterstock.com

Khairil Azhar Junos / Shutterstock.com

7. Cape Coral, Florida

  • August 2023 home value: $402,875

  • August 2024 home value: $386,534 

  • August 2025 projected home value: $387,693

  • 2-year projected home value change: -3.77%

DenisTangneyJr / Getty ImagesDenisTangneyJr / Getty Images

DenisTangneyJr / Getty Images

8. Corpus Christi, Texas

  • August 2023 home value: $220,398

  • August 2024 home value: $219,005 

  • August 2025 projected home value: $212,873

  • 2-year projected home value change: -3.41%

Explore More: America’s 50 Fastest-Growing Suburbs With Home Values Under $500,000

Mishella / Getty Images/iStockphotoMishella / Getty Images/iStockphoto

Mishella / Getty Images/iStockphoto

9. North Port, Florida

  • August 2023 home value: $460,333

  • August 2024 home value: $445,445 

  • August 2025 projected home value: $447,227

  • 2-year projected home value change: -2.85%

DenisTangneyJr / iStock.comDenisTangneyJr / iStock.com

DenisTangneyJr / iStock.com

10. Lubbock, Texas

  • August 2023 home value: $207,654

  • August 2024 home value: $205,235 

  • August 2025 projected home value: $202,978

  • 2-year projected home value change: -2.25%

BOB WESTON / Getty Images/iStockphotoBOB WESTON / Getty Images/iStockphoto

BOB WESTON / Getty Images/iStockphoto

11. Crestview, Florida

  • August 2023 home value: $446,853

  • August 2024 home value: $438,186

  • August 2025 projected home value: $438,625

  • 2-year projected home value change: -1.84%

Check Out: 3 Best Florida Cities To Buy Property in the Next 5 Years, According To Real Estate Agents

Sean Pavone / Shutterstock.comSean Pavone / Shutterstock.com

Sean Pavone / Shutterstock.com

12. Jackson, Mississippi

  • August 2023 home value: $193,436

  • August 2024 home value: $193,313 

  • August 2025 projected home value: $190,027

  • 2-year projected home value change: -1.76%

Art Wager / Getty ImagesArt Wager / Getty Images

Art Wager / Getty Images

13. Honolulu

  • August 2023 home value: $860,891

  • August 2024 home value: $860,977 

  • August 2025 projected home value: $846,340

  • 2-year projected home value change: -1.69%

JoeChristensen / Getty ImagesJoeChristensen / Getty Images

JoeChristensen / Getty Images

14. Minneapolis

  • August 2023 home value: $373,509

  • August 2024 home value: $374,561 

  • August 2025 projected home value: $368,568

  • 2-year projected home value change: -1.32%

Discover More: 10 Worst Cities To Buy Property in the Next 5 Years, According to Real Estate Agents

15. Longview, Texas

  • August 2023 home value: $214,461

  • August 2024 home value: $214,992 

  • August 2025 projected home value: $211,767

  • 2-year projected home value change: -1.26%

Sean Pavone / Shutterstock.comSean Pavone / Shutterstock.com

Sean Pavone / Shutterstock.com

Other Notable Metros

Here are other notable cities where you could have a hard time making much off your home sale in 2025:

  • Portland, Oregon: -0.34% ($1,829)

  • Houston: -0.08% ($255)

  • Dallas: 0.16% ($585)

  • Denver: 0.17% ($963)

  • Jacksonville, Florida: 1.1% ($3,904)

  • Memphis, Tennessee: 1.26% ($2,980)

Methodology: For this study GOBankingRates looked at the 200 largest metros according to Zillow and found the following: (1) August 2023 home value; (2) August 2024 home value; (3) August 2023 to August 2024 percent change in home value; (4) 1-year home value forecast; (5) August 2025 projected home value. With these figures calculated, GOBankingRates decided to look at metros with an August 2023 to August 2024 and August 2024 to August 2025 projected home value percent change below 1.00%. With these metros now isolated, GOBankingRates found the (6) 2023-25 2-year projected home value change. All data was collected on and is up to date as of Sept. 18, 2024.

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This article originally appeared on GOBankingRates.com: 15 Places Where Your Property Will Not Make You Much Money If You Sell It

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