Worst Housing Markets for Growth in 16 East Coast States

Most of the top real estate markets in 2025 are expected to be in the South and West, so it follows that the East Coast might have a number of areas that are not in growth mode.

GOBankingRates examined the 200 biggest metros around the country to discover real estate markets that have had depressed growth across the past two years. The research looked at differences in home value from 2022 to 2024, plus other market factors.

Here we check out the worst market for growth in each East Coast state.

• December 2024 home value: $708,168
• Two-year home value change (percentage): 15%
• Mean price cut: $58,098
• Share of listings with price cut: 13.6%
• Mean days to close: 44

• December 2024 home value: $450,174
• Two-year home value change (percentage): -5.1%
• Mean price cut: $21,197
• Share of listings with price cut: 23.5%
• Mean days to close: 38

• December 2024 home value: $384,031
• Two-year home value change (percentage): 3.5%
• Mean price cut: $13,097
• Share of listings with price cut: 24.9%
• Mean days to close: 25

• December 2024 home value: $519,087
• Two-year home value change (percentage): 11.8%
• Mean price cut: $33,773
• Share of listings with price cut: 18.9%
• Mean days to close: 35

• December 2024 home value: $408,654
• Two-year home value change (percentage): 5.4%
• Mean price cut: $17,367
• Share of listings with price cut: 21.8%
• Mean days to close: 39

• December 2024 home value: $764,402
• Two-year home value change (percentage): 11.2%
• Mean price cut: $49,272
• Share of listings with price cut: 17.5%
• Mean days to close: 43

• December 2024 home value: $253,836
• Two-year home value change (percentage): 6.2%
• Mean price cut: $11,451
• Share of listings with price cut: 24.0%
• Mean days to close: 33

• December 2024 home value: $516,634
• Two-year home value change (percentage): 15.6%
• Mean price cut: $26,695
• Share of listings with price cut: 18.6%
• Mean days to close: 38

• December 2024 home value: $386,898
• Two-year home value change (percentage): 17.7%
• Mean price cut: $24,438
• Share of listings with price cut: 15.9%
• Mean days to close: 38

• December 2024 home value: $329,814
• Two-year home value change (percentage): 11.4%
• Mean price cut: $17,229
• Share of listings with price cut: 20.6%
• Mean days to close: 52

• December 2024 home value: $443,111
• Two-year home value change (percentage): 1.8%
• Mean price cut: $12,107
• Share of listings with price cut: 27.8%
• Mean days to close: 35

• December 2024 home value: $208,694
• Two-year home value change (percentage): 6.2%
• Mean price cut: $11,216
• Share of listings with price cut: 23.1%
• Mean days to close: 39

• December 2024 home value: $495,472
• Two-year home value change (percentage): 14.8%
• Mean price cut: $26,127
• Share of listings with price cut: 19.5%
• Mean days to close: 41

• December 2024 home value: $360,416
• Two-year home value change (percentage): 1.1%
• Mean price cut: $13,676
• Share of listings with price cut: 23.2%
• Mean days to close: 39

• December 2024 home value: $480,856
• Two-year home value change (percentage): 8.1%
• Mean price cut: $22,807
• Share of listings with price cut: 20.4%
• Mean days to close: 49

• December 2024 home value: $277,950
• Two-year home value change (percentage): 11.6%
• Mean price cut: $8,640
• Share of listings with price cut: 27.1%
• Mean days to close: 36

Methodology: GOBankingRates looked at the 200 largest Metro Statistical Areas (MSA). For each MSA, GOBankingRates found (1) 1-year percent change in home value; (2) 1-year change in home value in USD; (3) 2-year percent change in home value; (4) 2-year change in home value in USD; (5) For-Sale Inventory; (6) mean days from listing to pending; (7) mean list to sale ratio; (8) mean days from pending to close; (9) share of listings with a price cut; and (10) mean price cut. All data was sourced from Zillow’s December 2024 data. All factors were then scored and combined, with the highest score being the worst housing markets. In final calculations factors (1), (2), (9), and (10) were weighted 2x and factor (5) was weighted 0.5x. All data was collected on and is up to date as of Jan. 29, 2025.