In Cape Coral, Florida, the typical listing took 121 days to go under contract and 82.5% of homes sold below asking. In Hartford, Connecticut, it took 15 days. Nikita Buys Houses publishes the monthly data free for reporters.

NY, USA – September 17, 2026 – Prices are slipping in a third of the country’s biggest housing markets. Of the 100 largest US metros, 34 saw typical home values drop from a year earlier in July, according to figures compiled by Nikita Buys Houses from Zillow Research and the Census Bureau.

Across the US, 50.5% of homes sold for less than the asking price. About a quarter of listings (25.6%) had a price cut.

Where you live changes that picture completely.

Florida

Home values are down in all nine Florida metros on the list. Florida also has the six markets where sellers were most likely to accept less than they asked for:

Metro

Sold below asking

Days to go under contract

Home value, year over year

Cape Coral, FL

82.5%

121

-5.4%

North Port, FL

81.4%

91

-4.4%

Miami, FL

77.5%

98

-1.3%

Deltona, FL

72.3%

90

-1.6%

Palm Bay, FL

72.0%

70

-1.3%

Jacksonville, FL

67.0%

80

-0.9%

Upstate New York and Connecticut

It’s close to the reverse up north. A typical Hartford or Rochester listing was under contract in 15 days. In Rochester, just 13.2% of sellers took less than asking. Syracuse had the fastest price growth in the country, up 6.6%.

McAllen, Texas sits at the far end. At July’s sales pace it would take 11.6 months to sell every home listed there. The average across the 100 metros is about three and a half months. Rochester and Hartford would sell out in less than two.

Denver, Utah and Raleigh

Price cuts are most common in Colorado Springs (36.1% of listings), Raleigh (36.0%), Ogden and Provo in Utah (35.3% each) and Denver (35.0%).

Miami

Miami homeowners are the most stretched. 41.6% of those with a mortgage put more than 30% of their income toward housing costs, the line the federal government uses to call a household cost-burdened. In Indianapolis and Grand Rapids it’s 19.4%.

“People ask me what the market’s doing, and the honest answer is it depends which market,” said Nikita Levitan, who runs Nikita Buys Houses with Sabrina Gao. “In Hartford you can have a contract in two weeks. In Cape Coral you might wait four months, and you’re still paying the mortgage, the taxes and the insurance the whole time. Plenty of sellers lose as much to the wait as they do to the price. If someone would clearly do better listing with an agent, we tell them that.”

About the data

Market figures come from Zillow Research’s public data for July 2026. The share of homes selling below asking is for June 2026, since Zillow releases it a month later. Ownership costs come from the Census Bureau’s American Community Survey 5-year estimates for 2019 to 2023. We work out months of supply by dividing homes for sale by that month’s sales. Metros are Census metropolitan areas, not city limits.

The full dataset, charts and methodology are updated monthly at nikitabuyshouses.com/research. Anyone can use them with a link. Reporters who want numbers for a market outside the top 100 can ask.

About Nikita Buys Houses

Nikita Levitan and Sabrina Gao started Nikita Buys Houses to buy homes directly from their owners, as-is, anywhere in the US. They buy with their own money, not as agents or wholesalers, so there are no commissions, repairs or showings. The seller picks the closing date, usually one to three weeks out when the title is clear. Once a price is agreed, they don’t renegotiate it after their inspection, and they never sell a seller’s details to investor lists. Many of the people they work with are dealing with foreclosure, an inherited house, major repairs, difficult tenants, divorce, a move, back taxes or liens.

Media contact

Nikita Levitan contact@nikitabuyshouses.com

615-576-8827 (Sunday to Thursday 9am to 9pm, Friday and Saturday 9am to 4pm)

https://nikitabuyshouses.com/

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Website: https://nikitabuyshouses.com/

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