Homes

10 most undervalued housing markets

Phoenix

Phoenix_undervalued
  • Median home price difference: (2006-2015) -28.57%

Phoenix took a major hit when the housing bubble burst, but it's also had a big recovery. The city is a favorite among snowbirds and the job market has been improving, the report found.

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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