Chicago

Chicago _undervalued
  • Median home price difference: (2006-2015) -25.3%

The Windy City is the biggest market West Realty Advisors has invested in over the last 18 months. "We think it's the absolutely best bang for our buck," said Paine.

The city's housing market took a major hit after the crash and has faced a sluggish recovery. The median home price has recovered to $183,000 from its high of $245,000 in 2008.

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.

Partner Offers

Find Homes For Sale

Real Estate Calculator
recalchome

Was my home a good investment?

Find out now

Personal Finance

Most Popular

LendingTree