2008 median house price: $256,540
2009 projected change: -23.3%
2010 projected change: -4.8%
A popular boom earlier this decade fueled runaway prices for single-family homes in this market, which includes San Bernardino and Ontario, outside Los Angeles. Median prices are expected to fall to $197,000 in 2009, down nearly $60,000 from 2008.
NEXT: Miami-Miami Beach
Source: Sources: National Association of Realtors; Moody's Economy.com