![Fresno](https://i2.cdn.turner.com/money/galleries/2008/fortune/0812/gallery.worst_markets.fortune/images/fresno.rm.jpg)
2008 median house price: $257,170
2009 projected change: -21.6%
2010 projected change: -3.3%
Fresno is located between Los Angeles and Sacramento, but it shared their housing woes. Prices in 2009 are expected to fall 44% from just two years ago.
NEXT: San Diego
Last updated December 22 2008: 4:43 PM ET
Source: Sources: National Association of Realtors; Moody's Economy.com