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America's most overvalued cities

Four years after home prices hit their peaks, CNNMoney looks at how 330 metro areas have fared.

Metro area Median home price Percent overvalued 2010 Percent overvalued 2006
Albany, N.Y. $198,900 5.00% 19%
Albuquerque, N.M. $179,500 1.60% 0%
Allentown, Pa. $199,100 1.60% 13%
Anchorage, Alaska $233,100 3.50% 20%
Asheville, N.C. $172,900 21.80% 24%
Atlantic City, N.J. $232,100 30.20% 59%
Baltimore, Md. $265,900 2.40% 28%
Bangor, Maine $130,900 1.90% N.A.
Barnstable Town, Mass. $308,700 4.30% 48%
Bellingham, Wash. $280,200 20.00% 43%
Bend, Ore. $212,600 12.10% 56%
Billings, Mont. $163,400 0.00% 5%
Binghamton, N.Y. $124,100 1.70% -1%
Bismarck, N.D. $137,000 2.10% 4%
Blacksburg, Va. $129,800 1.80% N.A.
Boise, Idaho $161,300 6.30% 13%
Boulder, Colo. $314,400 2.30% 18%
Bremerton, Wash. $253,600 1.20% 22%
Burlington, Vt. $226,600 5.40% 18%
Camden, N.J. $221,100 1.50% 18%
Charleston, S.C. $162,200 7.50% 28%
Charlottesville, Va. $238,800 6.30% 28%
Colorado Springs, Colo. $194,500 2.60% 10%
Corvallis, Ore. $266,400 18.90% 14%
Dalton, Ga. $101,800 3.00% 9%
Decatur, Ala. $98,800 11.40% -6%
Dover, Del. $168,300 8.30% N.A.
Dubuque, Iowa $125,600 8.10% 4%
Duluth, Minn. $120,300 13.80% 31%
Eau Claire, Wis. $123,300 3.20% 20%
Edison, N.J. $321,600 0.50% 31%
Eugene, Ore. $218,100 17.40% 34%
Farmington, N.M. $133,700 4.00% 13%
Fond du Lac, Wis. $131,200 1.90% 6%
Grand Junction, Colo. $206,400 14.00% 31%
Greeley, Colo. $157,200 5.00% 21%
Harrisburg, Pa. $166,100 6.20% 2%
Harrisonburg, Va. $177,000 3.90% 13%
Hickory, N.C. $110,700 8.80% 6%
Honolulu, Hawaii $605,300 21.90% 31%
Idaho Falls, Idaho $136,300 0.80% 5%
Ithaca, N.Y. $172,200 5.60% N.A.
Janesville, Wis. $120,300 9.00% 11%
Kankakee, Ill. $131,900 3.70% N.A.
Kingsport, Tenn. $114,300 2.80% N.A.
Kingston, N.Y. $213,400 12.20% 38%
Kokomo, Ind. $87,100 2.20% -1%
La Crosse, Wis.-Minn. $130,500 3.70% 13%
Lancaster, Pa. $188,400 6.30% 10%
Logan, Utah-Idaho $174,800 9.80% N.A.
Longview, Wash. $184,700 22.30% 24%
Lynchburg, Va. $146,300 4.60% 8%
Medford, Ore. $211,100 8.20% 64%
Michigan City, Ind. $116,100 1.60% 17%
Missoula, Mont. $232,700 8.80% N.A.
Mount Vernon, Wash. $262,400 12.10% 24%
Myrtle Beach, S.C. $142,000 15.00% N.A.
Nassau-Suffolk, N.Y. $411,000 4.10% 43%
Ocean City, N.J. $294,800 26.60% 47%
Ogden, Utah $189,800 5.60% 0%
Olympia, Wash. $237,800 10.10% 26%
Pittsfield, Mass. $205,200 3.50% 13%
Portland, Maine $207,200 1.40% 29%
Portland, Ore. $267,600 20.80% 35%
Poughkeepsie, N.Y. $259,200 3.70% 39%
Provo-Orem, Utah $203,300 8.90% 2%
Racine, Wis. $152,000 2.70% 20%
Reading, Pa. $171,200 4.70% 10%
Richmond, Va. $179,200 1.20% 15%
Roanoke, Va. $154,200 5.30% 11%
Rockford, Ill. $124,600 1.10% 13%
Salem, Ore. $201,000 18.20% 25%
Salt Lake City, Utah $228,100 10.40% 4%
Santa Fe, N.M. $275,200 4.90% N.A.
Scranton, Pa. $138,100 4.10% 4%
Seattle, Wash. $346,500 4.90% 24%
Spokane, Wash. $189,400 14.60% 15%
St. George, Utah $179,700 14.70% 35%
State College, Pa. $174,000 2.50% N.A.
Tacoma, Wash. $241,800 6.60% 25%
Utica-Rome, N.Y. $123,900 3.30% 1%
Vineland, N.J. $159,400 10.80% 20%
Virginia Beach, Va. $209,800 5.70% 29%
Waterloo, Iowa $109,800 7.30% 9%
Wenatchee, Wash. $240,900 28.90% 13%
Wilmington, Del. $219,700 2.50% 25%
Wilmington, N.C. $179,200 14.40% 25%
Yakima, Wash. $157,000 9.80% 9%
York, Pa. $172,600 8.10% 17%
Source: IHS Global Insight/PNC Financial Services
Metro area Median home price Percent undervalued 2010 Percent undervalued 2006
Abilene, Texas $82,700 -12.30% -11%
Akron, Ohio $120,700 -18.60% 4%
Albany, Ga. $90,200 -5.50% -2%
Alexandria, La. $92,800 -20.00% 0%
Amarillo, Texas $98,400 -8.50% 0%
Ames, Iowa $136,400 -13.50% N.A.
Anderson, Ind. $83,700 -12.40% 3%
Anderson, S.C. $105,200 -2.40% N.A.
Ann Arbor, Mich. $158,600 -16.90% 17%
Appleton, Wis. $133,500 -9.10% 0%
Athens, Ga. $135,300 -10.50% 3%
Atlanta, Ga. $159,200 -14.50% 2%
Auburn, Ala. $122,200 -0.40% N.A.
Augusta, Ga. $113,500 -6.30% -2%
Austin, Texas $177,400 -6.90% -7%
Bakersfield, Calif. $126,000 -19.20% 51%
Baton Rouge, La. $128,000 -16.60% 0%
Battle Creek, Mich. $81,900 -15.60% 20%
Bay City, Mich. $83,300 -11.30% 26%
Beaumont, Texas $85,600 -13.50% -15%
Bethesda, Md. $380,900 -10.00% 36%
Birmingham, Ala. $121,100 -15.70% -1%
Bloomington, Ill. $135,900 -11.40% 3%
Bloomington, Ind. $121,000 -6.60% 3%
Boston, Mass. $316,100 -16.30% 18%
Bowling Green, Ky. $111,400 -13.50% 1%
Bridgeport, Conn. $419,200 -18.30% 6%
Brunswick, Ga. $119,800 -4.90% 23%
Buffalo, N.Y. $126,000 -5.30% -5%
Burlington, N.C. $115,700 -5.60% 0%
Cambridge, Mass. $355,000 -17.40% 12%
Canton, Ohio $108,100 -11.70% 11%
Cape Coral, Fla. $118,700 -36.80% 52%
Carson City, Nev. $174,100 -22.00% N.A.
Casper, Wyo. $153,200 -12.70% 20%
Cedar Rapids, Iowa $116,300 -9.20% -3%
Champaign, Ill. $123,400 -3.10% 9%
Charleston, W.Va. $91,700 -21.80% -7%
Charlotte, N.C. $159,600 -6.10% -6%
Chattanooga, Tenn. $117,700 -4.80% 5%
Cheyenne, Wyo. $153,100 -16.30% 5%
Chicago, Ill. $222,800 -10.20% 21%
Chico, Calif. $194,100 -4.80% 59%
Cincinnati, Ohio $131,000 -18.40% 1%
Cleveland, Ohio $127,700 -14.80% 6%
College Station, Texas $110,900 -16.10% -23%
Columbia, Mo. $127,000 -11.50% N.A.
Columbia, S.C. $120,300 -6.30% 1%
Columbus, Ga. $112,900 -18.30% 2%
Columbus, Ind. $117,100 -13.20% 2%
Columbus, Ohio $139,700 -16.80% 2%
Corpus Christi, Texas $102,900 -15.50% -8%
Dallas, Texas $136,700 -27.50% -16%
Davenport, Iowa $107,500 -5.40% 7%
Dayton, Ohio $112,900 -11.90% 0%
Decatur, Ill. $87,900 -11.20% 1%
Deltona, Fla. $121,700 -13.80% 44%
Denver, Colo. $229,300 -2.10% 10%
Des Moines, Iowa $127,700 -10.30% -2%
Detroit, Mich. $74,400 -7.80% 19%
Durham, N.C. $176,300 -4.20% 2%
El Paso, Texas $106,300 -19.50% -18%
Elkhart, Ind. $109,900 -1.20% -6%
Erie, Pa. $109,700 -3.20% 2%
Essex County, Mass. $302,300 -10.70% 28%
Evansville, Ind. $94,400 -16.80% -3%
Fairbanks, Alaska $195,700 -5.40% N.A.
Fargo, N.D. $136,500 -4.30% 3%
Fayetteville, Ark. $114,800 -21.50% 11%
Fayetteville, N.C. $113,800 -24.40% N.A.
Flagstaff, Ariz. $207,600 -1.00% 29%
Flint, Mich. $74,000 -16.10% 26%
Florence, S.C. $89,800 -6.10% -1%
Fort Collins, Colo. $219,200 -1.00% 10%
Fort Lauderdale, Fla. $148,000 -24.30% 53%
Fort Smith, Ark. $83,800 -16.70% -8%
Fort Walton Beach, Fla. $147,200 -17.10% 43%
Fort Wayne, Ind. $96,100 -13.40% -5%
Fort Worth, Texas $113,300 -27.30% -15%
Fresno, Calif. $146,600 -16.80% 58%
Gainesville, Fla. $134,500 -13.40% 23%
Gainesville, Ga. $137,700 -13.30% 11%
Gary, Ind. $126,400 -7.20% 9%
Grand Rapids, Mich. $105,300 -22.10% 14%
Green Bay, Wis. $134,100 -6.70% 8%
Greensboro, N.C. $123,300 -6.90% -2%
Greenville, N.C. $98,900 -14.20% 0%
Greenville, S.C. $122,100 -4.30% 0%
Gulfport, Miss. $117,400 -4.70% N.A.
Hagerstown, Md. $170,700 -2.20% N.A.
Hanford, Calif. $144,200 -18.40% N.A.
Hartford, Conn. $231,100 -7.70% 4%
Hattiesburg, Miss. $95,100 -14.50% 1%
Holland, Mich. $128,100 -17.70% 22%
Houma, La. $116,200 -34.60% -1%
Houston, Texas $128,200 -28.80% -14%
Huntington, W.Va. $92,900 -5.90% N.A.
Huntsville, Ala. $132,800 -15.30% -11%
Indianapolis, Ind. $129,800 -18.70% -5%
Iowa City, Iowa $152,400 -6.90% -6%
Jackson, Mich. $94,500 -11.50% -1%
Jackson, Miss. $104,200 -23.90% 24%
Jacksonville, Fla. $141,900 -14.70% 31%
Jefferson City, Mo. $113,500 -9.40% -5%
Joplin, Mo. $93,000 -8.60% N.A.
Kalamazoo, Mich. $109,400 -17.10% 11%
Kansas City, Mo. $130,400 -11.40% 4%
Kennewick, Wash. $155,300 -0.30% 2%
Killeen, Texas $106,700 -28.80% -16%
Knoxville, Tenn. $133,200 -1.70% 3%
Lafayette, Ind. $112,800 -15.10% -10%
Lafayette, La. $126,700 -29.40% 3%
Lake Charles, La. $101,600 -29.40% N.A.
Lake County, Ill. $233,800 -13.90% N.A.
Lakeland, Fla. $98,100 -17.50% 23%
Lansing, Mich. $103,800 -20.20% 18%
Las Cruces, N.M. $119,000 -3.80% 0%
Las Vegas, Nev. $129,700 -41.40% 38%
Lawrence, Kan. $159,800 -3.50% 0%
Lebanon, Pa. $150,900 -2.20% N.A.
Lewiston, Idaho $139,800 -2.00% N.A.
Lexington, Ky. $139,800 -9.70% 4%
Lima, Ohio $99,600 -3.60% 1%
Lincoln, Neb. $125,100 -10.60% -2%
Little Rock, Ark. $106,900 -21.60% -6%
Longview, Texas $99,800 -14.90% -11%
Los Angeles, Calif. $368,000 -1.40% 54%
Louisville, Ky. $128,400 -8.90% 3%
Lubbock, Texas $88,800 -13.30% -7%
Macon, Ga. $97,400 -14.80% -6%
Madera, Calif. $170,100 -11.30% 70%
Madison, Wis. $195,400 -2.80% 16%
Manchester, N.H. $207,000 -6.10% 23%
Mansfield, Ohio $100,200 -0.30% 7%
McAllen, Texas $61,800 -25.90% N.A.
Memphis, Tenn. $103,300 -21.70% -9%
Merced, Calif. $102,300 -37.70% 77%
Miami, Fla. $191,200 -11.40% 55%
Midland, Texas $133,100 -30.70% -7%
Milwaukee, Wis. $180,500 -4.30% 16%
Minneapolis, Minn. $183,800 -8.20% 24%
Mobile, Ala. $111,800 -6.00% -2%
Modesto, Calif. $138,700 -31.80% 67%
Monroe, La. $96,300 -22.30% -2%
Monroe, Mich. $112,100 -15.30% 26%
Montgomery, Ala. $105,900 -19.00% -12%
Muskegon, Mich. $82,000 -18.10% 14%
Napa, Calif. $340,100 -15.50% 65%
Naples, Fla. $199,900 -29.00% 84%
Nashville, Tenn. $165,500 -6.50% -1%
New Haven, Conn. $240,200 -5.50% 11%
New Orleans, La. $146,600 -16.30% 12%
New York, N.Y. $456,600 -7.10% 27%
Newark, N.J. $362,700 -0.90% 27%
Niles, Mich. $117,400 -6.30% 21%
Norwich, Conn. $230,200 -2.20% 15%
Oakland, Calif. $349,800 -21.70% 47%
Ocala, Fla. $98,600 -17.50% 35%
Odessa, Texas $80,700 -19.90% -12%
Oklahoma City, Okla. $108,100 -24.20% -5%
Omaha, Neb. $122,100 -16.50% 0%
Orlando, Fla. $141,200 -17.10% 33%
Oshkosh, Wis. $122,700 -13.70% 0%
Owensboro, Ky. $91,600 -16.60% -3%
Oxnard, Calif. $350,100 -14.30% 55%
Palm Bay, Fla. $118,400 -24.40% 49%
Panama City, Fla. $129,000 -8.60% 46%
Parkersburg, W.Va. $97,000 -8.10% N.A.
Pensacola, Fla. $119,200 -16.50% 33%
Peoria, Ill. $116,900 -7.50% 10%
Philadelphia, Pa. $227,700 -2.70% 15%
Phoenix, Ariz. $150,700 -18.00% 35%
Pittsburgh, Pa. $115,900 -12.50% -1%
Port St. Lucie, Fla. $115,600 -33.30% 72%
Prescott, Ariz. $164,000 -6.00% 46%
Providence, R.I. $235,500 -4.90% 35%
Pueblo, Colo. $119,500 -3.50% 5%
Punta Gorda, Fla. $110,400 -27.80% N.A.
Raleigh, N.C. $186,400 -7.60% -3%
Redding, Calif. $182,100 -2.10% 56%
Reno, Nev. $169,700 -26.50% -38%
Riverside, Calif. $178,300 -16.90% 65%
Rochester, Minn. $138,100 -9.70% 0%
Rochester, N.Y. $125,100 -13.00% -9%
Rockingham County, N.H. $217,600 -4.80% 20%
Rocky Mount, N.C. $95,900 -10.30% -5%
Rome, Ga. $100,500 -9.10% N.A.
Sacramento, Calif. $218,500 -18.70% 61%
Saginaw, Mich. $81,700 -11.90% 13%
Salinas, Calif. $310,200 -24.30% 75%
San Angelo, Texas $99,300 -1.40% -10%
San Antonio, Texas $113,800 -15.60% -11%
San Diego, Calif. $336,900 -17.30% 46%
San Francisco, Calif. $603,100 -17.80% 35%
San Jose, Calif. $507,000 -10.20% 44%
San Luis Obispo, Calif. $341,300 -9.30% 53%
Sandusky, Ohio $120,100 -12.60% 3%
Santa Ana, Calif. $469,300 -6.90% 44%
Santa Barbara, Calif. $385,700 -20.20% 70%
Santa Cruz, Calif. $457,100 -10.50% 44%
Santa Rosa, Calif. $326,900 -16.80% 56%
Sarasota, Fla. $133,900 -28.00% 56%
Savannah, Ga. $141,400 -2.20% 21%
Sheboygan, Wis. $137,200 -2.60% 9%
Sherman, Texas $92,400 -7.10% -1%
Shreveport, La. $102,700 -26.50% -3%
Sioux Falls, S.D. $126,000 -9.90% -2%
South Bend, Ind. $103,300 -14.10% -4%
Spartanburg, S.C. $101,800 -6.40% -1%
Springfield, Ill. $110,000 -10.10% -5%
Springfield, Mass. $202,200 -2.20% 19%
Springfield, Mo. $113,300 -12.60% -6%
Springfield, Ohio $100,700 -7.40% 8%
St. Cloud, Minn. $139,100 -2.30% N.A.
St. Joseph, Mo. $98,700 -10.30% 7%
St. Louis, Mo. $135,300 -8.60% 9%
Stockton, Calif. $145,100 -31.80% 72%
Syracuse, N.Y. $125,700 -5.30% -4%
Tallahassee, Fla. $135,200 -11.10% 22%
Tampa, Fla. $127,100 -16.70% 34%
Toledo, Ohio $102,800 -8.70% 9%
Topeka, Kan. $107,200 -2.90% 4%
Trenton, N.J. $260,000 -9.50% 20%
Tucson, Ariz. $148,200 -15.00% 27%
Tulsa, Okla. $107,300 -24.60% -9%
Tyler, Texas $110,000 -15.30% -7%
Vallejo, Calif. $196,900 -31.90% 53%
Vero Beach, Fla. $123,300 -39.80% 54%
Visalia, Calif. $129,000 -19.60% 45%
Waco, Texas $94,900 -12.00% -7%
Warner Robins, Ga. $100,300 -18.20% -6%
Warren, Mich. $117,500 -32.30% 15%
Washington, D.C. $316,400 -5.20% 37%
Wausau, Wis. $128,800 -1.90% 4%
West Palm Beach, Fla. $164,400 -30.30% 57%
Wichita Falls, Texas $83,300 -20.60% N.A.
Wichita, Kan. $106,800 -16.60% -6%
Winston-Salem, N.C. $127,600 -5.90% -1%
Worcester, Mass. $213,000 -10.50% 29%
Youngstown, Ohio $92,900 -3.50% 8%
Yuba City, Calif. $146,100 -15.30% N.A.
Source: IHS Global Insight/PNC Financial Services
Overnight Avg Rate Latest Change Last Week
30 yr fixed3.64%3.69%
15 yr fixed2.76%2.82%
5/1 ARM3.07%3.06%
30 yr refi3.62%3.72%
15 yr refi2.78%2.84%
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