Zillow Group Inc. has released a market analysis revealing that home values are split across the country, with increases in half of the largest markets and declines in the other half. Buyers are gaining leverage as more markets move towards balance, with 27 major metros now classified as either in buyers' favor or neutral, up from 24 last month. The report highlights that homes are taking longer to sell, with the median for-sale home listed for 60 days, the longest for any July in Zillow's records. Additionally, sellers are reducing prices on 27.4% of listings, a record high since 2018. Despite these shifts, the high costs are keeping many potential buyers on the sidelines. The analysis underscores a trend where markets in the Midwest and Mountain regions are more favorable to buyers, while those in the Northeast and West Coast remain more seller-friendly.