The average Jacksonville area home value was down 16.4 percent year-over-year in June, according to the second-quarter Zillow Real Estate Market Reports.

The report, published Tuesday, shows the average value of a home in metro Jacksonville was $128,200 in June, compared with a U.S. average of $186,500.

Jacksonville’s average home value for June was down 1.1 percent from May and was down 3.4 percent when compared with the second quarter of 2008.

Click here to see the full Jacksonville report.

Home values in the United States posted a 10th consecutive quarterly decline, falling 12.1 percent year-over-year to a Zillow Home Value Index of $186,500. But for the first time since home values started to fall in 2007, the rate of year-over-year decline shrunk slightly compared to the previous quarter, with home values falling 12.1 percent as opposed to 12.4 percent year-over-year in the first quarter.

Nationally, the total number of home sales in June fell 23.7 percent compared with a year earlier. However, total home sales rose 3.8 percent in June versus May.

The Zillow Home Value Index measures the value of all homes in an area, and the Q2 Real Estate Market Reports encompass 161 metropolitan statistical areas (MSAs).