12 housing markets where prices are cooling off

The national median rent decreased 0.2% in September, the first year-over-year decline since July 2012, according to Zillow.

In the home purchase market, prices increased 7.6% nationwide year-over-year, a slower pace than in previous months.

Here's a look at the 12 cities with the slowest home price growth in September 2018. The data, from Zillow, is based on data for home value, rents and housing inventory, with comparisons based on year-ago figures.

While no markets experienced a decrease in home purchase prices, median rents were flat or down in all but two markets. Meanwhile, the inventory of for-sale homes dropped in only three markets.

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Old Post Office Pavilion
Zack Frank - stock.adobe.com

Washington, D.C.

Median home price: $401,000 (3.7%)
Median rent: $2,133 (-0.9%)
Change in for-sale housing inventory: 0.8%
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Colorful row houses along Guilford Avenue in Charles Village, Baltimore, Maryland.
jonbilous - stock.adobe.com

Baltimore, Md.

Median home price: $265,600 (4.5%)
Median rent: $1,740 (-0.2%)
Change in for-sale housing inventory: -0.2%
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Sunset over downtown Center City, Philadelphia, PA.
Tamara Nicol/luminouslens - stock.adobe.com

Philadelphia, Pa.

Median home price: $229,300 (4.7%)
Median rent: $1,566 (-1.7%)
Change in for-sale housing inventory: -8.7%
NMN101818-sacramento.jpg
Robert D Schlie/rschlie - stock.adobe.com

Sacramento, Calif.

Median home price: $400,600 (4.8%)
Median rent: $1,842 (1.8%)
Change in for-sale housing inventory: 17.2%
NMN101818-portland.jpg
Iconic Portland, Oregon Old Town sign with an outline of Oregon and a stag
Jess Kraft/jkraft5 - Fotolia

Portland, Ore.

Median home price: $391,400 (4.9%)
Median rent: $1,833 (-2.7%)
Change in for-sale housing inventory: 18%
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Aerial view of lower Manhattan New York City
Tierney - stock.adobe.com

New York, N.Y.

Median home price: $431,000 (5.2%)
Median rent: $2,370 (-1.9%)
Change in for-sale housing inventory: 5.2%
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View of the city of Chicago from Hancock Center
Sergiy Nykonenko/SergiyN - stock.adobe.com

Chicago, Ill.

Median home price: $222,200 (5.3%)
Median rent: $1,635 (-1.9%)
Change in for-sale housing inventory: 2.7%
NMN101818-long-beach.jpg
roza - stock.adobe.com

Los Angeles-Long Beach-Anaheim, Calif.

Median home price: $647,100 (5.4%)
Median rent: $2,750 (0.8%)
Change in for-sale housing inventory: 29.9%
NMN101818-st-louis-adobe.jpg
St. Louis, Missouri.
SNEHIT - stock.adobe.com

St. Louis, Mo.

Median home price: $163,100 (5.4%)
Median rent: $1,139 (-1.2%)
Change in for-sale housing inventory: -4.3%
NMN101818-san-diego.jpg
San Diego, California, USA downtown city skyline.
SeanPavonePhoto - stock.adobe.com

San Diego, Calif.

Median home price: $589,200 (5.9%)
Median rent: $2,541 (0%)
Change in for-sale housing inventory: 47.1%
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River Walk in San Antonio Texas.
Leena Robinson/leekris - stock.adobe.com

San Antonio, Texas

Median home price: $187,800 (6.1%)
Median rent: $1,330 (-1.1%)
Change in for-sale housing inventory: 11%
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BOSTON, MA, USA - JUNE 28, 2017: Aerial image of Fenway Park sports stadium home to the Boston Red Socks
Felix Mizioznikov - stock.adobe.com

Boston, Mass.

Median home price: $458,000 (6.2%)
Median rent: $2,367 (-1.6%)
Change in for-sale housing inventory: 16.7%
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