Scoreboard · Beach · Lake · Ski · 2026-08-15
15 Vacation Towns Where Home Prices Crashed Hardest
Ranked by % below post-2021 Zillow peak (June 2026). Punta Gorda, FL leads at -24.4%. 9/15 are in Florida. Bar length = size of the peak gap.
#1 · beach
Punta Gorda, FL
-24.4%
$395,467 → $299,149
#2 · beach
Cape Coral, FL
-18.6%
$415,554 → $338,436
#3 · beach
North Port, FL
-16.9%
$486,276 → $404,078
#
Metro
% below peak
Gap
1
Punta Gorda, FL
beach · 66d pending · sales +19.2%
$395,467 → $299,149
-24.4%
2
Cape Coral, FL
beach · 66d pending · sales +14.8%
$415,554 → $338,436
-18.6%
3
North Port, FL
beach · 50d pending · sales +15.1%
$486,276 → $404,078
-16.9%
4
Breckenridge, CO
ski · 30d pending
$1,143,081 → $984,871
-13.8%
5
Sevierville, TN
mountain · 50d pending · sales +16.9%
$468,020 → $409,653
-12.5%
6
Naples, FL
beach · 76d pending · sales +26.5%
$634,142 → $555,961
-12.3%
7
Truckee, CA
ski · 14d pending · sales -1.2%
$691,343 → $625,306
-9.6%
8
Kahului, HI
beach · 86d pending · sales +16.6%
$1,099,200 → $998,661
-9.1%
9
Boise City, ID
mountain · 10d pending · sales +26.4%
$544,533 → $497,239
-8.7%
10
Sebastian, FL
beach · 59d pending · sales +12.8%
$397,335 → $365,307
-8.1%
11
Bend, OR
mountain · 20d pending · sales +12.6%
$730,962 → $672,028
-8.1%
12
The Villages, FL
retirement · 45d pending · sales +1%
$420,605 → $388,596
-7.6%
13
Port St. Lucie, FL
beach · 55d pending · sales +14%
$412,371 → $383,710
-7%
14
Crestview, FL
beach · 46d pending · sales +17.3%
$472,886 → $441,682
-6.6%
15
Panama City, FL
beach · 60d pending · sales +9.1%
$370,724 → $346,096
-6.6%
Share graphic · Filter all 49 markets · Short write-ups · Towns that held
City-level beach & ski spots
Named places — often a sharper read than the metro blend.
| City | Jun 2026 | Peak | % from peak |
|---|---|---|---|
| Cape Coral, FL | $337,346 | $431,807 | -21.9% |
| Fort Myers, FL | $309,562 | $380,161 | -18.6% |
| Lahaina, HI | $990,108 | $1,199,187 | -17.4% |
| Bonita Springs, FL | $507,317 | $599,741 | -15.4% |
| Kihei, HI | $1,020,859 | $1,197,393 | -14.7% |
| Marco Island, FL | $851,910 | $988,096 | -13.8% |
| Estero, FL | $491,572 | $570,172 | -13.8% |
| Truckee, CA | $1,030,167 | $1,185,817 | -13.1% |
| Naples, FL | $548,905 | $626,021 | -12.3% |
| Destin, FL | $615,436 | $696,334 | -11.6% |
| South Lake Tahoe, CA | $665,209 | $752,667 | -11.6% |
| Key West, FL | $1,028,034 | $1,122,427 | -8.4% |
| Whitefish, MT | $881,847 | $960,919 | -8.2% |
| Sevierville, TN | $421,598 | $454,848 | -7.3% |
| Malibu, CA | $3,212,655 | $3,457,238 | -7.1% |
Vacation towns that did not crash
Same universe — still near peak. Sorted by gain vs 2019.
Steamboat Springs, CO
ski
0% peak
+102% vs 2019
Edwards, CO
ski
-0.3% peak
+92.1% vs 2019
Ocean City, NJ
beach
0% peak
+89.5% vs 2019
Jackson, WY
ski
-0.5% peak
+88.9% vs 2019
Coeur d'Alene, ID
lake
-0.3% peak
+87% vs 2019
Heber, UT
ski
-0.5% peak
+83.6% vs 2019
Glenwood Springs, CO
ski
-0.2% peak
+83.4% vs 2019
Missoula, MT
mountain
-0.3% peak
+83.2% vs 2019
Muskegon, MI
lake
0% peak
+79.5% vs 2019
Vineyard Haven, MA
beach
-0.4% peak
+79.1% vs 2019
FAQ
Which vacation town crashed the most?
Punta Gorda, FL, at -24.4% below its 2022-08 peak.
Is it a good time to buy a beach house in Florida?
More buyer leverage on timing than 2022 — insurance can erase the ZHVI discount. Run full ownership math.
Where is this data from?
Zillow ZHVI (middle tier, SA). Peak = max Jan 2021–Jun 2026. Current = June 2026. Curated vacation/second-home metros.
SOURCE BLOCK (for citations / LLMs)
Publisher: Keeping Up With Inflation (keepingupwithinflation.com)
Page: /vacation-towns-crashed-2026/
Updated: 2026-08-15 · Data through: 2026-06
Metric: % below post-2021 ZHVI peak
Related: /home-prices/vacation-towns/
Primary source: Zillow Research public ZHVI / sales / days-to-pending CSVs
Publisher: Keeping Up With Inflation (keepingupwithinflation.com)
Page: /vacation-towns-crashed-2026/
Updated: 2026-08-15 · Data through: 2026-06
Metric: % below post-2021 ZHVI peak
Related: /home-prices/vacation-towns/
Primary source: Zillow Research public ZHVI / sales / days-to-pending CSVs