Home-listing prices are down as much as 12% in boomtowns in Florida, Texas, and other popular states

• Home-list prices are dropping in some of America's most popular cities.
• Metros in Florida, Texas, and other states are seeing prices fall by as much as 12%, per Realtor.com.

Home-list prices are tumbling in a handful of pandemic boomtowns, thanks to a buildup of inventory that's beginning to exceed the level of demand.

Home-listprices have dropped as much as 12% in metros throughout the US, according to data from Realtor.com. That's a steeper decline compared to the rest of the country, with the national median home-listprice falling just 1% year-over-year in September, the real estate listings site said in a report.

Demand in some pandemic boomtowns has fallen over the past year, as states like Florida and Texas see issues like a rising cost of living, weather events, and tense political climates that have caused some residents to sour on the state.

Here are the top 10 cities where home-listprices are falling the most, according to Realtor.com.

1. Miami, Florida

Median list price: $525,000

Change from last year: -12.4%

2. Cincinnati, Ohio

Median list price: $337,000

Change from last year: -9.5%

3. San Francisco, California

Median list price: $997,500

Change from last year: -8.9%

4. Kansas City, Missouri

Median list price: $389,500

Change from last year: -8.4%

5. Austin, Texas

Median list price: $520,000

Change from last year: -6.6%

6. Jacksonville, Florida

Median list price: $399,000

Change from last year: -6.1%

7. Denver, Colorado

Median list price: $610,250

Change from last year: -6%

8. Orlando, Florida

Median list price: $429,950

Change from last year: -5.6%

9. Tampa, Florida

Median list price: $414,948

Change from last year: -5.5%

10. Nashville, Tennessee

Median list price: $547,865

Change from last year: -5.4%

Editor’s note: October 12, 2024 — This story has been updated to clarify that the Realtor.com data shows home-listing prices.