Detroit

Detoirt_undervalued
  • Median home price difference: (2006-2015) -50.08%

Detroit has been through some rough times in recent years, but it's slowly revitalizing.

The city is no longer in bankruptcy, and has experienced an increase in companies opening shop and investing in it, according to James Paine, managing partner at West Realty Advisors.

"There is a big push to get tech companies out there," he said.

First published July 24, 2015: 3:02 PM ET
West Realty Advisors is a real estate firm that invests in housing markets across the country, including some of those mentioned in this study. The firm analyzed pre-recession median home prices to current ones for the list using data from Zillow, CoreLogic and RealtyTrac.

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