real estate

Home values: 5 worst markets for Q1 2016

5 worst markets | DenisTangneyJr/E+/Getty Images

Atlantic City, New Jersey | DenisTangneyJr/E+/Getty Images

1. Atlantic City, New Jersey

2016 Q1 median home price: $179,600

Down: 13.6%

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Source: NAR, comparing Q1 2016 with Q1 2015


Erie, Pennsylvania | DenisTangneyJr/E+/Getty Images

2. Erie, Pennsylvania

2016 Q1 median home price: $100,200

Down: 9.1%

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Source: NAR, comparing Q1 2016 with Q1 2015


Cedar Rapids, Iowa | Aurora Open/Getty Images

3. Cedar Rapids, Iowa

2016 Q1 median home price: $146,000

Down: 6.9%

Source: NAR, comparing Q1 2016 with Q1 2015


Newark-Union, New Jersey-Pennsylvania | Jumper/Photodisc/Getty Images

4. Newark-Union, New Jersey-Pennsylvania

2016 Q1 median home price: $327,800

Down: 6.6%

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Source: NAR, comparing Q1 2016 with Q1 2015


Cumberland, Maryland-West Virginia | Stephen Brown/Moment/GettyImages

5. Cumberland, Maryland-West Virginia

2016 Q1 median home price: $67,400

Down: 5.9%

SEARCH RATES: Check out Bankrate's mortgage comparison-shopping tool now.

Source: NAR, comparing Q1 2016 with Q1 2015

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Holden Lewis

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