A decade has passed since the U.S. housing market crash and the beginning of the 2008 financial crisis. The typical American home lost about a third of its value during the recession. While the median home price has since surpassed its pre-crisis levels and reached an all-time high of $269,000 in the second quarter of 2018, the recovery from the Great Recession has been largely uneven. Some housing markets have even been on the decline in the recent years.