Top 100 U.S. Housing Markets for Over/Underpricing

Using open-source data from Zillow or other providers, researchers Ken H. Johnson, Ph.D., and Eli Beracha, Ph.D., have developed a methodology to score the top 100 most overpriced or underpriced metropolitan cities in the U.S. The data allows readers to quickly see the premium or discount that they are paying in their metro, on average, and further allows them to make more informed decisions about their real estate investments.

Use the search filter to discover the different cities/states present in the table.

Rank Metro Area Premium
1 Boise, ID 80.64%
2 Austin, TX 50.72%
3 Ogden, UT 49.70%
4 Provo, UT 46.16%
5 Detroit, MI 45.57%
6 Spokane, WA 45.21%
7 Salt Lake City, UT 42.41%
8 Phoenix, AZ 42.31%
9 Las Vegas, NV 41.88%
10 Stockton, CA 38.50%
11 Atlanta, GA 38.31%
12 Colorado Springs, CO 37.34%
13 Charlotte, NC 36.43%
14 Grand Rapids, MI 36.12%
15 Memphis, TN 34.60%
16 Youngstown, OH 34.42%
17 Dayton, OH 33.22%
18 Indianapolis, IN 31.99%
19 Dallas-Fort Worth, TX 31.57%
20 Lakeland, FL 31.39%
21 Tampa, FL 31.35%
22 Cleveland, OH 31.27%
23 Columbus, OH 31.26%
24 Tucson, AZ 30.50%
25 Melbourne, FL 28.97%
26 Seattle, WA 28.82%
27 Cincinnati, OH 28.09%
28 Buffalo, NY 27.98%
29 Raleigh, NC 27.88%
30 Greensboro, NC 27.63%
31 Nashville, TN 27.58%
32 Denver, CO 27.42%
33 Daytona Beach, FL 25.55%
34 Chattanooga, TN 24.85%
35 Kansas City, MO 24.34%
36 Akron, OH 24.21%
37 Knoxville, TN 23.99%
38 Winston-Salem, NC 23.77%
39 Fort Myers, FL 23.28%
40 Toledo, OH 23.12%
41 Sacramento, CA 23.04%
42 Greenville, SC 22.61%
43 Albuquerque, NM 22.49%
44 Orlando, FL 22.32%
45 Omaha, NE 22.30%
46 Jacksonville, FL 22.02%
47 Milwaukee, WI 21.45%
48 San Antonio, TX 20.99%
49 New Haven, CT 20.98%
50 Birmingham, AL 20.65%
51 Riverside, CA 20.41%
52 North Port-Sarasota-Bradenton, FL 20.11%
53 Rochester, NY 19.81%
54 Portland, OR 19.71%
55 Louisville-Jefferson County, KY 19.70%
56 Fresno, CA 19.58%
57 Houston, TX 17.99%
58 Pittsburgh, PA 17.46%
59 Worcester, MA 17.22%
60 Bakersfield, CA 16.84%
61 Scranton, PA 16.61%
62 Wichita, KS 16.34%
63 Augusta, GA 15.69%
64 Columbia, SC 15.63%
65 Jackson, MS 15.49%
66 Minneapolis-St Paul, MN 15.34%
67 McAllen, TX 15.27%
68 St. Louis, MO 15.18%
69 San Diego, CA 14.85%
70 Madison, WI 13.72%
71 Tulsa, OK 13.49%
72 Charleston, SC 13.20%
73 El Paso, TX 13.11%
74 Miami-Fort Lauderdale, FL 12.91%
75 Chicago, IL 12.08%
76 Providence, RI 12.02%
77 Des Moines, IA 11.97%
78 Syracuse, NY 11.58%
79 San Jose, CA 11.17%
80 Allentown, PA 9.90%
81 Boston, MA 9.14%
82 Harrisburg, PA 8.08%
83 Oklahoma City, OK 8.05%
84 San Francisco, CA 8.00%
85 Springfield, MA 7.58%
86 Ventura, CA 7.41%
87 Richmond, VA 7.04%
88 Philadelphia, PA 6.26%
89 Los Angeles-Long Beach-Anaheim, CA 5.37%
90 Stamford, CT 4.55%
91 Hartford, CT 4.45%
92 Little Rock, AR 4.27%
93 Albany, NY 3.79%
94 New Orleans, LA 2.06%
95 Washington, DC 0.59%
96 Baton Rouge, LA -0.37%
97 New York, NY -0.79%
98 Baltimore, MD -1.69%
99 Virginia Beach, VA -2.46%
100 Urban Honolulu, HI -4.93%

 


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