Overvalued or fairly priced?
City Home prices Rating
Actual Equilibrium Diff.
San Francisco-Oakland CA $737.7 $483.1 53% Overpriced
San Jose CA $599.2 $372.4 61% Overpriced
Santa Barbara-Santa Maria CA $573.1 $308.9 86% Overpriced
San Diego CA $491.6 $289.7 70% Overpriced
Los Angeles-Anaheim CA $460.8 $294.1 57% Overpriced
New York-North New Jersey NY $431.0 $300.5 43% Overpriced
Naples FL $419.9 $244.0 72% Overpriced
Honolulu HI $390.4 $310.1 26% Overpriced
Vallejo-Fairfield CA $386.9 $244.6 58% Overpriced
Boston MA $380.4 $285.3 33% Overpriced
Washington-Arlington DC $377.9 $275.2 37% Overpriced
Sacramento CA $366.6 $230.9 59% Overpriced
Stockton CA $353.2 $215.1 64% Overpriced
Reno NV $338.1 $252.3 34% Overpriced
Riverside-San Bernardino CA $325.1 $198.3 64% Overpriced
Sarasota-Bradenton FL $312.6 $218.2 43% Overpriced
Seattle-Tacoma WA $308.7 $286.6 8% FairValue
Modesto CA $304.8 $178.4 71% Overpriced
Las Vegas NV $302.0 $227.5 33% Overpriced
Miami-West Palm Beach FL $298.7 $194.6 54% Overpriced
Panama City FL $294.4 $211.1 39% Overpriced
Vero Beach FL $291.8 $205.5 42% Overpriced
Baltimore MD $283.5 $242.9 17% Overpriced
Cape Coral-Fort Myers FL $278.4 $208.2 34% Overpriced
Fresno CA $269.7 $178.4 51% Overpriced
Chicago IL $266.3 $234.5 14% FairValue
Atlantic City NJ $262.9 $186.6 41% Overpriced
Port St. Lucie-Fort Pierce FL $262.5 $181.6 45% Overpriced
Minneapolis-St. Paul MN $254.4 $226.9 12% FairValue
Charleston SC $251.6 $224.7 12% FairValue
Virginia Beach-Norfolk VA $250.0 $215.6 16% Overpriced
Palm Bay-Melbourne FL $249.4 $179.1 39% Overpriced
Wilmington NC $248.7 $217.2 15% FairValue
Philadelphia PA $247.2 $217.9 13% FairValue
Phoenix-Mesa AZ $244.1 $195.7 25% Overpriced
Ann Arbor MI $243.1 $239.4 2% FairValue
Orlando FL $239.2 $196.3 22% Overpriced
Denver CO $238.0 $216.1 10% FairValue
Hartford CT $237.2 $224.2 6% FairValue
Bakersfield CA $233.5 $168.6 38% Overpriced
Portland-Vancouver OR $231.8 $201.6 15% FairValue
Jacksonville FL $228.7 $190.7 20% Overpriced
Madison WI $224.6 $208.5 8% FairValue
Richmond VA $219.7 $205.4 7% FairValue
Tampa-St. Petersburg FL $219.7 $164.7 33% Overpriced
Pensacola FL $217.7 $175.4 24% Overpriced
Milwaukee-Waukesha WI $217.1 $206.5 5% FairValue
Deltona-Daytona Beach FL $216.8 $168.0 29% Overpriced
Tucson AZ $214.8 $171.3 25% Overpriced
Durham NC $209.3 $219.7 -5% FairValue
Colorado Springs CO $208.9 $203.3 3% FairValue
Atlanta GA $203.0 $208.0 -2% FairValue
Raleigh NC $201.0 $222.4 -10% FairValue
Greeley CO $195.7 $178.4 10% FairValue
Salt Lake City UT $194.5 $175.0 11% FairValue
Columbus OH $192.4 $217.8 -12% FairValue
Myrtle Beach SC $190.7 $185.7 3% FairValue
Charlotte-Gastonia NC $190.7 $219.9 -13% FairValue
New Orleans LA $190.4 $188.0 1% FairValue
Albuquerque NM $180.9 $188.6 -4% FairValue
Cincinnati OH $180.5 $206.0 -12% FairValue
Nashville TN $179.6 $196.2 -8% FairValue
St. Louis MO $178.3 $172.5 3% FairValue
Birmingham AL $177.8 $197.0 -10% FairValue
Ocala FL $176.9 $155.5 14% FairValue
Fayetteville-Springdale AR $176.1 $167.7 5% FairValue
Cleveland OH $173.4 $183.0 -5% FairValue
Provo-Orem UT $173.2 $150.4 15% Overpriced
Austin TX $172.9 $171.6 1% FairValue
Lexington KY $172.7 $188.8 -9% FairValue
Kansas City MO $171.9 $183.7 -6% FairValue
Indianapolis IN $170.2 $197.6 -14% FairValue
Lakeland FL $170.1 $158.2 8% FairValue
Boise City ID $168.1 $173.8 -3% FairValue
Columbia SC $167.3 $189.0 -11% FairValue
Des Moines IA $167.1 $185.4 -10% FairValue
Winston-Salem NC $166.8 $177.8 -6% FairValue
Greenville SC $166.7 $183.5 -9% FairValue
Louisville KY $164.5 $179.0 -8% FairValue
Greensboro-High Point NC $162.7 $180.8 -10% FairValue
Memphis TN $162.6 $197.9 -18% Undervalued
Ogden-Clearfield UT $162.6 $160.4 1% FairValue
Grand Rapids MI $161.9 $160.9 1% FairValue
Knoxville TN $161.3 $181.9 -11% FairValue
Dallas-Fort Worth TX $160.7 $186.2 -14% FairValue
Omaha NE $160.5 $172.5 -7% FairValue
Augusta GA $158.7 $192.3 -17% Undervalued
Detroit MI $156.6 $145.4 8% FairValue
Little Rock AR $155.9 $186.9 -17% Undervalued
Pittsburgh PA $155.6 $182.0 -14% FairValue
Houston TX $155.2 $177.9 -13% FairValue
Baton Rouge LA $150.2 $168.2 -11% FairValue
Fayetteville NC $149.8 $183.0 -18% Undervalued
San Antonio TX $149.0 $161.0 -7% FairValue
Oklahoma City OK $140.7 $149.0 -6% FairValue
Tulsa OK $133.6 $147.6 -9% FairValue
Brownsville-Harlingen TX $129.8 $143.8 -10% FairValue
El Paso TX $127.5 $171.5 -26% Undervalued
Wichita KS $125.6 $140.1 -10% FairValue
McAllen-Edinburg TX $123.1 $156.2 -21% Undervalued
Data Sources: OFHEO, FFIEC, Local Market Monitor