
Rising interest rates and affordability issues have begun slowing home sales around the country, but prices keep rising overall.
The National Association of Realtors (NAR) says the national median sales price for an existing single-family home (SFH) crossed the $400,000 barrier for the first time in the second quarter of 2022 and now stands at a record $413,500.
That's up 14.2% from a year ago, says NAR, and double-digit increases in the prices for which homes sold were reported in 80% of the 185 metro areas the trade group tracks. All real estate is local, of course, and in a number of places, price growth is considerably below that -- including one where sales price growth has dipped below zero year over year (YOY).
In ascending order, here are the bottom 10, according to NAR's recently released Q2 report.
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