Seattle houses
Homes in Seattle.
  • There are 34 cities nationwide where Zillow forecasts home prices will fall in 2024.
  • Some of the places home prices may fall were pandemic home-buying hotspots in Texas and Tennessee.
  • Prices are expected to fall the most in San Jose, California, followed by New Orleans, Louisiana.

Many potential homebuyers hope homes will get less expensive this year — and their wishes might come true.

Zillow predicts home prices will fall in 34 of the 50 largest US cities from November 2023 to November 2024. The forecast is based on Zillow's Home Value Index, which Zillow says represents the "typical home value for a region."