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Cities where home prices fell most

Published On: Jan 22 2013 10:54:11 AM CST   Updated On: Jan 23 2013 01:00:00 AM CST

The housing market may be recovering, but home prices in these 12 cities plummeted last year.

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7. Memphis, Tenn. -- One-year change in home prices: -5.2% 
Median home price: $89,000 
Change in price since peak: -44.5% 
Unemployment rate: 8.4% 
Foreclosure rate: 1 in every 935 households (0.11%) 

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