In the early months of the COVID-19 pandemic, U.S. home sales slumped. Since then, however, the market has come roaring back — and rising demand, in conjunction with a relatively low supply of housing, has caused home values to surge.

Between January 2020 and January 2021, the typical single-family American home appreciated in value from $246,563 to $269,039, a 9.1% increase. Of course, housing markets also respond to local forces, and in some parts of the country, home values have actually declined.

In 30 cities and towns with populations of 15,000 or more, home values have depreciated by at least 0.3% over the past year. In some of them, the value of a typical family home has plummeted by over 8.0%. Though these communities span the country, they tend to be concentrated in the Southern United States.

One factor that can contribute to rapidly climbing home prices at a local level is demand. And demand for housing is often precipitated by a growing population. According to the most recent available Census data, 16 of the 30 cities and towns on this list reported population growth over the last one-year period.

30. Owatonna, Minnesota
> 1-yr. change in median home value: -0.3% (-$630)
> Median home value; January 2021: $201,714
> 1-yr. population change: +0.1% (+29)
> Population: 25,685
> Median household income: $62,642

This is How Much Home You Can Buy For 200K in Every State

29. Gillette, Wyoming
> 1-yr. change in median home value: -0.3% (-$891)
> Median home value; January 2021: $278,051
> 1-yr. population change: -0.6% (-199)
> Population: 32,857
> Median household income: $79,789

This is How Much Home You Can Buy For 200K in Every State

28. Pampa, Texas
> 1-yr. change in median home value: -0.3% (-$227)
> Median home value; January 2021: $67,187
> 1-yr. population change: -1.4% (-255)
> Population: 17,538
> Median household income: $46,432

This is How Much Home You Can Buy For 200K in Every State

27. Vicksburg, Mississippi
> 1-yr. change in median home value: -0.4% (-$471)
> Median home value; January 2021: $130,995
> 1-yr. population change: -1.6% (-374)
> Population: 22,332
> Median household income: $32,072

This is How Much Home You Can Buy For 200K in Every State

26. Knik-Fairview, Alaska
> 1-yr. change in median home value: -0.5% (-$1,295)
> Median home value; January 2021: $257,799
> 1-yr. population change: -0.3% (-56)
> Population: 17,457
> Median household income: $87,331

This is How Much Home You Can Buy For 200K in Every State

25. Hammond, Louisiana
> 1-yr. change in median home value: -0.5% (-$876)
> Median home value; January 2021: $166,670
> 1-yr. population change: +1.1% (+224)
> Population: 20,668
> Median household income: $36,921

This is How Much Home You Can Buy For 200K in Every State

24. Meridian, Mississippi
> 1-yr. change in median home value: -0.6% (-$539)
> Median home value; January 2021: $89,007
> 1-yr. population change: -2.0% (-754)
> Population: 37,848
> Median household income: $32,422

This is How Much Home You Can Buy For 200K in Every State

23. Marshall, Texas
> 1-yr. change in median home value: -0.9% (-$877)
> Median home value; January 2021: $101,469
> 1-yr. population change: -1.0% (-235)
> Population: 23,080
> Median household income: $41,250

This is How Much Home You Can Buy For 200K in Every State

22. East Moline, Illinois
> 1-yr. change in median home value: -1.0% (-$1,013)
> Median home value; January 2021: $105,536
> 1-yr. population change: -2.1% (-457)
> Population: 20,916
> Median household income: $53,660

This is How Much Home You Can Buy For 200K in Every State

21. Grand Forks, North Dakota
> 1-yr. change in median home value: -1.1% (-$2,436)
> Median home value; January 2021: $217,882
> 1-yr. population change: -0.1% (-56)
> Population: 56,500
> Median household income: $50,076

This is How Much Home You Can Buy For 200K in Every State

20. Lake Charles, Louisiana
> 1-yr. change in median home value: -1.1% (-$2,040)
> Median home value; January 2021: $177,630
> 1-yr. population change: +1.3% (+1,016)
> Population: 77,283
> Median household income: $42,942

This is How Much Home You Can Buy For 200K in Every State

19. Plainview, Texas
> 1-yr. change in median home value: -1.3% (-$1,094)
> Median home value; January 2021: $82,403
> 1-yr. population change: -1.1% (-222)
> Population: 20,492
> Median household income: $48,430

This is How Much Home You Can Buy For 200K in Every State

18. Oxford, Alabama
> 1-yr. change in median home value: -1.4% (-$1,823)
> Median home value; January 2021: $129,602
> 1-yr. population change: +0.5% (+115)
> Population: 21,323
> Median household income: $57,887

This is How Much Home You Can Buy For 200K in Every State

17. Odessa, Texas
> 1-yr. change in median home value: -1.8% (-$3,192)
> Median home value; January 2021: $179,203
> 1-yr. population change: +0.9% (+1,120)
> Population: 119,702
> Median household income: $63,847

This is How Much Home You Can Buy For 200K in Every State

16. Clinton, Iowa
> 1-yr. change in median home value: -1.8% (-$1,655)
> Median home value; January 2021: $91,077
> 1-yr. population change: -0.9% (-221)
> Population: 25,416
> Median household income: $44,094

This is How Much Home You Can Buy For 200K in Every State

15. Duncan, Oklahoma
> 1-yr. change in median home value: -1.9% (-$1,610)
> Median home value; January 2021: $82,508
> 1-yr. population change: -0.9% (-205)
> Population: 22,618
> Median household income: $44,404

This is How Much Home You Can Buy For 200K in Every State

14. Liberal, Kansas
> 1-yr. change in median home value: -2.4% (-$2,910)
> Median home value; January 2021: $117,350
> 1-yr. population change: -2.6% (-520)
> Population: 19,731
> Median household income: $48,629

This is How Much Home You Can Buy For 200K in Every State

13. Fort Leonard Wood, Missouri
> 1-yr. change in median home value: -2.5% (-$3,338)
> Median home value; January 2021: $132,341
> 1-yr. population change: +0.9% (+144)
> Population: 16,026
> Median household income: $51,364

This is How Much Home You Can Buy For 200K in Every State

12. East Palo Alto, California
> 1-yr. change in median home value: -2.6% (-$24,553)
> Median home value; January 2021: $916,191
> 1-yr. population change: -0.1% (-40)
> Population: 29,593
> Median household income: $67,087

This is How Much Home You Can Buy For 200K in Every State

11. San Francisco, California
> 1-yr. change in median home value: -2.7% (-$38,707)
> Median home value; January 2021: $1,400,444
> 1-yr. population change: +0.6% (+4,917)
> Population: 874,961
> Median household income: $112,449

This is How Much Home You Can Buy For 200K in Every State

10. Midland, Texas
> 1-yr. change in median home value: -2.7% (-$7,263)
> Median home value; January 2021: $260,079
> 1-yr. population change: +2.5% (+3,415)
> Population: 138,549
> Median household income: $79,329

This is How Much Home You Can Buy For 200K in Every State

9. Warrensburg, Missouri
> 1-yr. change in median home value: -2.9% (-$5,645)
> Median home value; January 2021: $190,631
> 1-yr. population change: +0.6% (+114)
> Population: 20,139
> Median household income: $46,315

This is How Much Home You Can Buy For 200K in Every State

8. Jamestown, North Dakota
> 1-yr. change in median home value: -3.4% (-$6,034)
> Median home value; January 2021: $170,667
> 1-yr. population change: -0.5% (-79)
> Population: 15,289
> Median household income: $51,789

This is How Much Home You Can Buy For 200K in Every State

7. Minot, North Dakota
> 1-yr. change in median home value: -3.5% (-$7,250)
> Median home value; January 2021: $200,792
> 1-yr. population change: -0.1% (-43)
> Population: 48,261
> Median household income: $66,194

This is How Much Home You Can Buy For 200K in Every State

6. Sienna Plantation, Texas
> 1-yr. change in median home value: -5.8% (-$13,665)
> Median home value; January 2021: $223,955
> 1-yr. population change: +14.7% (+2,490)
> Population: 19,486
> Median household income: $149,018

This is How Much Home You Can Buy For 200K in Every State

5. Laredo, Texas
> 1-yr. change in median home value: -5.9% (-$10,254)
> Median home value; January 2021: $162,457
> 1-yr. population change: +0.6% (+1,576)
> Population: 259,151
> Median household income: $47,593

This is How Much Home You Can Buy For 200K in Every State

4. Prichard, Alabama
> 1-yr. change in median home value: -7.8% (-$2,732)
> Median home value; January 2021: $32,204
> 1-yr. population change: -0.7% (-154)
> Population: 21,773
> Median household income: $29,009

This is How Much Home You Can Buy For 200K in Every State

3. Sulphur, Louisiana
> 1-yr. change in median home value: -8.0% (-$15,265)
> Median home value; January 2021: $175,901
> 1-yr. population change: -0.6% (-128)
> Population: 20,113
> Median household income: $53,287

This is How Much Home You Can Buy For 200K in Every State

2. Laguna Woods, California
> 1-yr. change in median home value: -9.9% (-$39,196)
> Median home value; January 2021: $357,564
> 1-yr. population change: -1.1% (-175)
> Population: 16,053
> Median household income: $44,020

This is How Much Home You Can Buy For 200K in Every State

1. Longview, Texas
> 1-yr. change in median home value: -12.8% (-$22,956)
> Median home value; January 2021: $155,883
> 1-yr. population change: -0.7% (-603)
> Population: 81,653
> Median household income: 49086

This is How Much Home You Can Buy For 200K in Every State

These are all the counties in North Dakota where COVID-19 is slowing (and where it’s still getting worse).

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