While housing prices continue to grow in most markets around the country, Texas is home to four major metro markets that are regressing.
A new report by GOBankingRates identifies nine US markets in which median listing prices are below where they were a year earlier. Round Rock and Houston are on that list. Those two cities saw their median listings drop by about $5,000 each between April 2016 and April 2017.
McAllen and Sugar Land are also on the list, featuring markets that saw $15,000 and $16,000 drops in median listing prices over the same period.
Sugar Land topped the list of markets losing steam. The Houston-area metro has seen median prices drop more than $45,000 over the past two years.