U.S. homes are declining in value, but homeowners, on average, are not selling at a loss since there was a significant uptick in property value over the past few years, according to the latest analysis by online real estate marketplace Zillow published on Nov. 17.
“As of October 2025, 53 percent of homes have lost value over the past year as measured by their Zestimate,” said the company. “This share has climbed from only 16 percent just a year ago. This is on the highest share of homes declining in value since April 2012, when the housing crash was starting to bottom out.”
