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Extra5/22/2008 12:30 PM ET

Home prices by city

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By MSN Money staff

Declines in U.S. housing prices accelerated further during the first quarter, chipping an additional 1.7% off prices from December to March, according to the Office of Federal Housing Enterprise Oversight.

Of 292 metro areas, more than 100 recorded year-over-year decreases in prices, the OFHEO reported today. But over a five-year period, just two metro areas -- Detroit and Warren, Mich. -- showed a decrease in prices, though a number of other cities in Michigan, Indiana and Ohio appreciated in single digits.

Nationwide, prices were down 1.3% compared with the third quarter, the OFHEO said, and down 0.3% from the fourth quarter of 2006.

The OFHEO data are gathered from a wider sampling than most other gauges of housing activity and focus primarily on properties financed with conventional 30-year home loans.

Findings of the report include:

  • The states with the greatest price appreciation between the first quarter of 2007 and the first quarter of 2008 were Wyoming (6.3%), Utah (5.6%), Montana (4.9%), Texas (4.7%) and Alabama (4.5%). The states with the sharpest depreciation for the same period were California (-10.6%), Nevada (-10.3%), Florida (-8.1%), Arizona (-5.5%) and Michigan (-3.1%).

  • The metro areas with the greatest price appreciation over the past year were Houma-Bayou, La. (11.2%), Grand Junction, Colo. (9.1%) and Wenatchee, Wash. (8.0%). The metro areas with the sharpest depreciation for the same period were Merced (-24.7%), Stockton (-21.5%) and Modesto (-21.0%), all in California.

  • Of the 292 metro areas on OFHEO's list, 164 saw price gains over the past quarter, and 128 had price declines.

City are listed alphabetically by metropolitan areas; the Ranking column refers to the one-year change in price ranked against other metro areas, from best to worst. The OFHEO's House Price Index is published on a quarterly basis and tracks average house-price changes in repeat sales or refinancings of the same single-family properties. The index is based on analysis of data obtained from Fannie Mae and Freddie Mac from more than 30 million repeat transactions over the past 30 years.

Price appreciation as of March 31 (by percentage)
CityRank1 Quarter1 Year5 Years

Akron, OH

197

1.3

-0.39

8.36

Albany-Schenectady-Troy, NY

91

0.27

2.88

60.95

Albuquerque, NM

86

0.09

3.17

54.89

Allentown-Bethlehem-Easton, PA-NJ

178

-0.84

0.46

54.8

Amarillo, TX

29

0.75

4.93

24.21

Ames, IA

62

1.65

3.76

18.02

Anchorage, AK

170

-0.22

0.74

49.94

Anderson, IN

138

0.74

1.66

2.56

Anderson, SC

7

3.31

6.73

24.64

Ann Arbor, MI

254

0.94

-6.29

1.33

Appleton, WI

157

0.07

1.2

19.63

Asheville, NC

40

-0.41

4.52

51.56

Athens-Clarke County, GA

114

0.36

2.33

24.73

Atlanta-Sandy Springs-Marietta, GA

153

0.21

1.37

19.02

Atlantic City-Hammonton, NJ

226

-0.83

-2.48

70.21

Augusta-Richmond County, GA-SC

21

0.09

5.49

38.38

Austin-Round Rock, TX

4

2.33

7.74

31.89

Bakersfield, CA

281

-7.14

-14.89

78.53

Baltimore-Towson, MD

182

-0.78

0.23

75.41

Barnstable Town, MA

232

-0.29

-3.31

32.55

Baton Rouge, LA

64

0.27

3.74

37.5

Battle Creek, MI

228

1.09

-2.62

11.11

Bay City, MI

191

-2.32

-0.11

8.55

Beaumont-Port Arthur, TX

13

0.49

6.29

31.84

Bellingham, WA

108

0.27

2.44

79.22

Bend, OR

250

-2.86

-5.77

74.96

Bethesda-Frederick-Gaithersburg, MD

238

-1.71

-3.89

60.63

Billings, MT

5

1.13

7.09

48.99

Birmingham-Hoover, AL

65

1.55

3.71

29.68

Bismarck, ND

19

-0.66

5.58

43.05

Blacksburg-Christiansburg-Radford, VA

38

0.95

4.63

39.65

Bloomington, IN

161

1.06

1.11

24.35

Bloomington-Normal, IL

184

-0.35

0.22

16.77

Boise City-Nampa, ID

193

-0.47

-0.23

61.37

Boston-Quincy, MA

218

0.22

-1.8

24.08

Boulder, CO

53

1.08

4.11

15.04

Bowling Green, KY

125

1.97

1.93

20.52

Bradenton-Sarasota-Venice, FL

287

-6.49

-16.72

48.32

Bremerton-Silverdale, WA

176

-1.12

0.48

74.44

Bridgeport-Stamford-Norwalk, CT

208

0.03

-1.12

39.69

Buffalo-Niagara Falls, NY

67

1.85

3.69

25.38

Burlington, NC

69

3.96

3.56

13.4

Burlington-South Burlington, VT

174

0.97

0.56

51.11

Cambridge-Newton-Framingham, MA

210

0.14

-1.24

20.06

Camden, NJ

186

-0.21

0.06

59.33

Canton-Massillon, OH

169

1.17

0.85

8.1

Cape Coral-Fort Myers, FL

288

-6.14

-17.45

52.08

Cedar Rapids, IA

143

-0.1

1.6

14.4

Champaign-Urbana, IL

175

-1.2

0.54

26.66

Charleston, WV

92

-0.54

2.87

20.16

Charleston-North Charleston-Summerville, SC

145

0.61

1.54

55.41

Charlotte-Gastonia-Concord, NC-SC

14

1.23

6.16

28.95

Charlottesville, VA

142

-0.05

1.62

65.14

Chattanooga, TN-GA

97

1.67

2.75

29.42

Cheyenne, WY

109

-0.27

2.37

38.33

Chicago-Naperville-Joliet, IL

183

-0.44

0.23

37.88

Chico, CA

257

-2.34

-7.45

53.7

Cincinnati-Middletown, OH-KY-IN

171

0.56

0.68

14.86

Cleveland-Elyria-Mentor, OH

217

0.55

-1.67

7.36

Coeur d'Alene, ID

188

-0.61

-0.08

81

Colorado Springs, CO

181

0.8

0.29

21.94

Columbia, MO

81

2.63

3.28

27.16

Columbia, SC

24

1.18

5.3

28.81

Columbus, GA-AL

49

1.9

4.22

36.29

Columbus, IN

47

1.32

4.27

16.68

Columbus, OH

163

0.77

1.05

13.5

Corpus Christi, TX

111

-0.36

2.36

32.59

Dallas-Plano-Irving, TX

63

0.98

3.76

16.54

Davenport-Moline-Rock Island, IA-IL

50

1.38

4.19

22.2

Dayton, OH

150

0.52

1.43

11.29

Decatur, AL

11

2.79

6.4

24.5

Decatur, IL

130

-0.38

1.77

18.02

Deltona-Daytona Beach-Ormond Beach, FL

264

-3.63

-9.79

69.56

Denver-Aurora, CO

167

0.85

0.9

10.77

Des Moines-West Des Moines, IA

102

0.09

2.62

21.27

Detroit-Livonia-Dearborn, MI

253

-1.08

-6.11

-4.19

Dubuque, IA

124

1.32

1.93

23.67

Duluth, MN-WI

131

0.44

1.75

37.8

Durham, NC

58

0.77

3.92

26.61

Eau Claire, WI

70

0.16

3.55

26.84

Edison-New Brunswick, NJ

222

-0.75

-2.2

50.85

El Paso, TX

12

1.62

6.29

51.79

Elkhart-Goshen, IN

132

2.78

1.72

16.41

Erie, PA

151

-0.41

1.42

17.54

Eugene-Springfield, OR

76

-0.32

3.41

65.54

Evansville, IN-KY

139

0.42

1.65

14.87

Fargo, ND-MN

115

0.07

2.22

31.19

Fayetteville, NC

117

0.84

2.15

27.44

Fayetteville-Springdale-Rogers, AR-MO

179

0.38

0.41

36.78

Flagstaff, AZ-UT

219

-1.34

-1.8

83.16

Flint, MI

246

0.21

-5.04

0.59

Florence, SC

71

1.63

3.55

23.43

Fond du Lac, WI

85

1

3.17

24.49

Fort Collins-Loveland, CO

168

0.3

0.89

12.77

Fort Lauderdale-Pompano Beach-Deerfield Beach, FL

269

-4.38

-10.89

69.98

Fort Smith, AR-OK

78

-0.97

3.37

23.99

Fort Walton Beach-Crestview-Destin, FL

268

-5.85

-10.37

68.17

Fort Wayne, IN

198

2.27

-0.5

9.68

Fort Worth-Arlington, TX

103

-0.22

2.59

16.39

Fresno, CA

276

-5.19

-12.49

67.34

Gainesville, GA

33

2.12

4.78

27.94

Gary, IN

75

0.27

3.41

24.19

Grand Junction, CO

2

0.14

9.08

64.42

Grand Rapids-Wyoming, MI

203

1.09

-0.71

9.2

Greeley, CO

227

-0.01

-2.53

2.12

Green Bay, WI

127

0.1

1.89

19.15

Greensboro-High Point, NC

95

0.67

2.76

17.09

Greenville-Mouldin-Easley, SC

18

1.66

5.67

22.96

Gulfport-Biloxi, MS

156

0.58

1.23

51.29

Hagerstown-Martinsburg, MD-WV

243

-1.07

-4.64

67.59

Harrisburg-Carlisle, PA

54

1.1

4.02

41.48

Hartford-West Hartford-East Hartford, CT

187

0.62

-0.01

39.09

Hickory-Lenoir-Morganton, NC

10

2.85

6.41

22.03

Holland-Grand Haven, MI

189

0.18

-0.09

10.33

Honolulu, HI

129

0.14

1.79

89.47

Houma-Bayou Cane-Thibodaux, LA

1

1.01

11.22

47.65

Houston-Sugar Land-Baytown, TX

45

1.25

4.38

26.13

Huntington-Ashland, WV-KY-OH

60

1.24

3.82

28.09

Huntsville, AL

37

-0.66

4.66

30.89

Idaho Falls, ID

16

1.33

5.96

48.84

Indianapolis-Carmel, IN

134

0.95

1.68

11.94

Iowa City, IA

135

-0.25

1.67

21.33

Jackson, MI

209

4.68

-1.18

11.24

Jackson, MS

106

0.88

2.52

27.41

Jacksonville, FL

223

-0.71

-2.32

62.18

Janesville, WI

98

0.09

2.75

26.94

Jefferson City, MO

74

1.49

3.45

22.13

Joplin, MO

66

1.76

3.7

20.56

Kalamazoo-Portage, MI

180

1.65

0.34

14.4

Kankakee-Bradley, IL

89

0.22

2.98

34.09

Kansas City, MO-KS

165

0.33

0.98

18.16

Kennewick-Pasco-Richland, WA

90

-1.71

2.97

19.06

Kingsport-Bristol-Bristol, TN-VA

27

0.62

5.09

33.57

Kingston, NY

192

0.05

-0.18

56.93

Knoxville, TN

31

0.59

4.87

38.29

Kokomo, IN

149

1.38

1.43

3.35

La Crosse, WI-MN

159

0.03

1.19

27.9

Lafayette, IN

194

2.02

-0.25

6.15

Lafayette, LA

35

-0.25

4.71

40.64

Lake County-Kenosha County, IL-WI

185

-0.49

0.2

28.27

Lake Havasu City-Kingman, AZ

262

-4.01

-9.03

72.81

Lakeland-Winter Haven, FL

239

-2.44

-3.94

73.97

Lancaster, PA

36

2.77

4.66

47.75

Lansing-East Lansing, MI

213

0.58

-1.44

10.96

Las Cruces, NM

113

-0.63

2.34

54.7

Las Vegas-Paradise, NV

275

-6.83

-12.06

65.11

Lawrence, KS

172

0.79

0.67

24.68

Lexington-Fayette, KY

100

0.11

2.65

24.37

Lima, OH

61

2.6

3.77

17.54

Lincoln, NE

164

1.84

1.04

16.65

Little Rock-North Little Rock-Conway, AR

141

-1.22

1.63

25.68

Logan, UT-ID

15

0.39

6

32.91

Longview, WA

34

-0.71

4.73

56.36

Los Angeles-Long Beach-Glendale, CA

259

-4.85

-8.31

79.88

Louisville-Jefferson County, KY-IN

99

0.99

2.73

20.49

Lubbock, TX

39

2.71

4.56

20.28

Lynchburg, VA

52

0.12

4.12

44.57

Macon, GA

121

0.06

2

20.56

Madera, CA

274

-4.8

-12.06

74.65

Madison, WI

128

0.12

1.84

31.73

Manchester-Nashua, NH

215

0.12

-1.49

28.49

Mansfield, OH

214

4.39

-1.47

8.52

Medford, OR

241

-0.49

-4.22

65.39

Memphis, TN-MS-AR

118

0.75

2.14

17.94

Merced, CA

292

-7.93

-24.68

35.78

Miami-Miami Beach-Kendall, FL

249

-3.9

-5.39

92.03

Michigan City-La Porte, IN

88

1.46

3.06

20.56

Milwaukee-Waukesha-West Allis, WI

137

0.41

1.66

34.33

Minneapolis-St. Paul-Bloomington, MN-WI

221

0.27

-1.89

25.4

Missoula, MT

55

1.33

3.98

56.93

Mobile, AL

8

1.63

6.64

40.82

Modesto, CA

290

-8.46

-20.96

35.39

Monroe, LA

82

-1.04

3.2

19.17

Monroe, MI

248

0.52

-5.26

3.77

Montgomery, AL

32

1.36

4.78

27.81

Mount Vernon-Anacortes, WA

46

0.06

4.3

68.69

Muskegon-North Shores, MI

202

-1.58

-0.7

8.69

Myrtle Beach-North Myrtle Beach-Conway, SC

101

0.72

2.63

64.19

Napa, CA

261

-2.73

-8.58

41.48

Naples-Marco Island, FL

289

-7.76

-18.67

60.55

Nashville-Davidson--Murfreesboro--Franklin, TN

56

0.42

3.94

34.8

Nassau-Suffolk, NY

220

-0.93

-1.83

48.76

New Haven-Milford, CT

204

-0.11

-0.71

43.98

New Orleans-Metairie-Kenner, LA

190

-0.08

-0.1

41.33

New York-White Plains-Wayne, NY-NJ

199

-0.68

-0.56

55.56

Newark-Union, NJ-PA

201

-0.89

-0.67

49.5

Niles-Benton Harbor, MI

51

1.59

4.14

28.36

Norwich-New London, CT

177

0.15

0.48

45.39

Oakland-Fremont-Hayward, CA

265

-3.41

-9.87

39.92

Ocala, FL

237

-2.35

-3.86

76.96

Ocean City, NJ

200

0.5

-0.62

70.07

Ogden-Clearfield, UT

9

-0.34

6.64

41.07

Oklahoma City, OK

105

-0.34

2.54

27.95

Olympia, WA

84

-0.03

3.17

71.53

Omaha-Council Bluffs, NE-IA

155

0.87

1.26

17.42

Orlando-Kissimmee, FL

258

-3.33

-7.64

72.63

Oshkosh-Neenah, WI

96

0.35

2.76

21.6

Owensboro, KY

26

2.17

5.24

13.1

Oxnard-Thousand Oaks-Ventura, CA

272

-5.27

-11.76

50.88

Palm Bay-Melbourne-Titusville, FL

278

-4.22

-13.55

58.44

Panama City-Lynn Haven, FL

244

0.11

-4.73

71.15

Peabody, MA

225

0.27

-2.37

19.97

Pensacola-Ferry Pass-Brent, FL

242

0.76

-4.43

53.19

Peoria, IL

72

0.21

3.48

21

Philadelphia, PA

146

0.63

1.51

55.91

Phoenix-Mesa-Scottdale, AZ

256

-3.27

-6.68

73.99

Pittsburgh, PA

68

1.52

3.61

22.83

Port St. Lucie, FL

284

-2.01

-15.68

55.47

Portland-South Portland-Biddeford, ME

136

0.37

1.67

41.44

Portland-Vancouver-Beaverton, OR-WA

107

-0.45

2.47

64.1

Poughkeepsie-Newburgh-Middletown, NY

216

-0.05

-1.51

47.54

Prescott, AZ

236

-0.55

-3.76

74.1

Providence-New Bedford-Fall River, RI-MA

230

-0.55

-3.01

40.65

Provo-Orem, UT

6

0.1

6.76

50.48

Pueblo, CO

211

0.6

-1.27

14.64

Punta Gorda, FL

283

-4.8

-15.5

45.87

Racine, WI

205

0.82

-0.72

35.33

Raleigh-Cary, NC

30

0.76

4.92

26.66

Rapid City, SD

25

1.35

5.26

33.4

Reading, PA

104

0.51

2.56

50.7

Redding, CA

255

-2.93

-6.54

59.54

Reno-Sparks, NV

267

-3.01

-10.29

55.7

Richmond, VA

110

0.05

2.36

58.96

Riverside-San Bernardino-Ontario, CA

279

-6.8

-13.82

71.46

Roanoke, VA

42

2.51

4.45

43.92

Rochester, MN

126

2.21

1.9

17.08

Rochester, NY

77

-0.29

3.39

17.98

Rockford, IL

112

0.74

2.35

29.21

Rockingham County-Strafford County, NH

207

-0.16

-0.97

27.88

Sacramento-Arden-Arcade-Roseville, CA

277

-4.13

-13.23

35.75

Saginaw-Saginaw Township North, MI

233

-0.64

-3.38

4.47

Salem, OR

57

-0.09

3.92

54.83

Salinas, CA

285

-4.99

-16.12

44.22

Salt Lake City, UT

22

-0.42

5.39

58.05

San Antonio, TX

73

-0.86

3.47

37.05

San Diego-Carlsbad-San Marcos, CA

266

-3.89

-10.01

40.41

San Francisco-San Mateo-Redwood City, CA

231

-1.87

-3.25

41.61

San Jose-Sunnyvale-Santa Clara, CA

234

-2.25

-3.6

41.15

San Luis Obispo-Paso Robles, CA

251

-3.46

-6

42.67

Santa Ana-Anaheim-Irvine, CA

271

-5.63

-11.16

59.38

Santa Barbara-Santa Maria-Goleta, CA

282

-2.53

-15.07

33.32

Santa Cruz-Watsonville, CA

240

-2.48

-4.15

39.63

Santa Fe, NM

79

-0.54

3.37

53.19

Santa Rosa-Petaluma, CA

263

-3.61

-9.66

32.77

Savannah, GA

162

0.61

1.06

49.29

Scranton-Wilkes-Barre, PA

23

0.86

5.33

39.75

Seattle-Bellevue-Everett, WA

93

-0.43

2.82

63.43

Sheboygan, WI

158

0.53

1.19

28.91

Shreveport-Bossier City, LA

120

1

2

31.3

Sioux City, IA-NE-SD

20

0.59

5.57

15.55

Sioux Falls, SD

83

0.51

3.18

23.94

South Bend-Mishawaka, IN-MI

152

1.17

1.42

18.5

Spartanburg, SC

48

-0.69

4.23

15.71

Spokane, WA

44

-0.38

4.4

67.44

Springfield, IL

148

0.35

1.46

19.14

Springfield, MA

173

-0.79

0.61

43.26

Springfield, MO

123

0.25

1.94

27.42

Springfield, OH

144

2.36

1.55

10.03

St. Cloud, MN

212

1.19

-1.34

27.87

St. George, UT

235

-1.97

-3.65

73.07

St. Louis, MO-IL

133

-0.04

1.72

29.69

Stockton, CA

291

-8.66

-21.51

32.11

Syracuse, NY

41

3.48

4.5

32.58

Tacoma, WA

140

-0.56

1.64

69.67

Tallahassee, FL

195

-0.08

-0.32

59.35

Tampa-St. Petersburg-Clearwater, FL

260

-3.81

-8.46

61.44

Terre Haute, IN

122

3.69

1.99

15.19

Toledo, OH

206

1.1

-0.77

8.95

Topeka, KS

160

0.74

1.13

20.77

Trenton-Ewing, NJ

196

0.17

-0.39

48.73

Tucson, AZ

229

-2.02

-2.9

64.91

Tulsa, OK

80

0.69

3.32

18.81

Tuscaloosa, AL

119

-0.01

2.09

26.8

Vallejo-Fairfield, CA

280

-5.09

-14.45

37.68

Virginia Beach-Norfolk-Newport News, VA-NC

147

-0.45

1.49

85.31

Visalia-Porterville, CA

270

-4.97

-11

78.04

Warren-Troy-Farmington Hills, MI

252

-0.32

-6.07

-1.18

Washington-Arlington-Alexandria, DC-VA-MD-WV

247

-2.28

-5.12

67.7

Waterloo-Cedar Falls, IA

28

-0.02

5.03

23.73

Wausau, WI

116

0.57

2.2

26.59

Wenatchee, WA

3

-0.1

8.02

77.77

West Palm Beach-Boca Raton-Boynton Beach, FL

273

-2.45

-11.85

64.89

Wichita, KS

43

0.44

4.44

18.22

Wilmington, DE-MD-NJ

166

-0.84

0.95

56.03

Wilmington, NC

154

-0.31

1.3

67.41

Winchester, VA-WV

245

-1.11

-4.92

67.48

Winston-Salem, NC

59

0.68

3.82

19.2

Worcester, MA

224

-0.43

-2.37

24.58

Yakima, WA

17

0.73

5.67

35.76

York-Hanover, PA

87

-0.28

3.11

54.74

Youngstown-Warren-Boardman, OH-PA

94

2.97

2.81

11.84

Yuba City, CA

286

-6.88

-16.53

43.78

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