National home prices rose 0.01% year over year from September 2024 to September 2025, according to the Zillow Home Value Index reading published on October 16-decelerated from the 2.4% year-over-year rate from September 2023 to September 2024. This year, the number of major metro-area housing markets seeing year-over-year declines has climbed. -> 31 of the nation's 300 largest housing markets (10% of markets) had a falling year-over-year reading from January 2024 to January 2025.