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
Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Overnight Avg Rate Latest Change Last Week
30 yr fixed3.78%3.79%
15 yr fixed2.98%2.93%
5/1 ARM3.06%2.99%
30 yr refi3.85%3.85%
15 yr refi3.05%3.00%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
Index Last Change % Change
Dow 18,074.84 -5.30 -0.03%
Nasdaq 5,076.14 -15.95 -0.31%
S&P 500 2,114.87 -2.82 -0.13%
Treasuries 1.93 0.02 0.83%
Data as of 12:29pm ET
Company Price Change % Change
Applied Materials In... 20.14 -1.66 -7.64%
Apple Inc 132.74 2.46 1.89%
Microsoft Corp 47.94 0.07 0.14%
Bank of America Corp... 15.66 0.02 0.13%
Facebook Inc 82.14 0.61 0.74%
Data as of 12:15pm ET

Sections

The tech-heavy index, home to Apple, Facebook and Google, is finally back above 5,000 and at a new all-time high. Some think it could hit soon 6,000. But are investors too enthusiastic? More

A major earthquake was the last thing Nepal needed. Even before one of the country's major fault lines rumbled to life, the country was beset by challenges. More

Google says it wants to buy people's patents, hoping to make the patent purchasing situation easier for inventors. More

A Girl Scouts Cookie Oven rolling out to Wal-Mart, Target, Kmart stores this summer will let you bake those iconic thin mints right at home. More

Imagine having a three-day weekend every week and being paid the same full-time salary. It can be done if your employer offers you the option of a compressed workweek. More