Overvalued or fairly priced?
City Home prices Rating
Actual Equilibrium Diff.
San Francisco-Oakland CA $738.4 $483.5 53% Overpriced
San Jose CA $602.7 $372.7 62% Overpriced
Honolulu HI $391.2 $310.4 26% Overpriced
Santa Barbara-Santa Maria CA $567.2 $309.1 83% Overpriced
New York-North New Jersey NY $431.3 $300.8 43% Overpriced
Los Angeles-Anaheim CA $460.4 $294.3 56% Overpriced
San Diego CA $483.0 $290.0 67% Overpriced
Seattle-Tacoma WA $311.0 $286.9 8% FairValue
Boston MA $377.9 $285.5 32% Overpriced
Washington-Arlington DC $378.6 $275.4 37% Overpriced
Reno NV $333.6 $252.6 32% Overpriced
Vallejo-Fairfield CA $386.8 $244.8 58% Overpriced
Naples FL $429.9 $244.3 76% Overpriced
Baltimore MD $283.8 $243.2 17% Overpriced
Ann Arbor MI $242.1 $239.6 1% FairValue
Chicago IL $266.2 $234.8 13% FairValue
Sacramento CA $363.3 $231.1 57% Overpriced
Las Vegas NV $295.8 $227.7 30% Overpriced
Minneapolis-St. Paul MN $253.8 $227.1 12% FairValue
Charleston SC $252.8 $224.9 12% FairValue
Hartford CT $236.7 $224.4 5% FairValue
Raleigh NC $201.1 $222.6 -10% FairValue
Charlotte-Gastonia NC $191.2 $220.1 -13% FairValue
Durham NC $209.5 $219.9 -5% FairValue
Sarasota-Bradenton FL $314.6 $218.4 44% Overpriced
Philadelphia PA $246.8 $218.1 13% FairValue
Columbus OH $192.2 $218.0 -12% FairValue
Wilmington NC $250.7 $217.4 15% Overpriced
Denver CO $238.1 $216.3 10% FairValue
Virginia Beach-Norfolk VA $250.3 $215.8 16% Overpriced
Stockton CA $353.7 $215.3 64% Overpriced
Panama City FL $293.8 $211.3 39% Overpriced
Madison WI $223.8 $208.7 7% FairValue
Cape Coral-Fort Myers FL $283.4 $208.4 36% Overpriced
Atlanta GA $203.1 $208.2 -2% FairValue
Milwaukee-Waukesha WI $216.6 $206.7 5% FairValue
Cincinnati OH $179.9 $206.2 -13% FairValue
Vero Beach FL $293.9 $205.7 43% Overpriced
Richmond VA $220.9 $205.5 7% FairValue
Colorado Springs CO $209.5 $203.5 3% FairValue
Portland-Vancouver OR $234.4 $201.7 16% Overpriced
Riverside-San Bernardino CA $322.8 $198.4 63% Overpriced
Memphis TN $162.6 $198.0 -18% Undervalued
Indianapolis IN $170.2 $197.8 -14% FairValue
Birmingham AL $177.9 $197.2 -10% FairValue
Orlando FL $243.8 $196.4 24% Overpriced
Nashville TN $180.2 $196.3 -8% FairValue
Phoenix-Mesa AZ $250.7 $195.9 28% Overpriced
Miami-West Palm Beach FL $301.5 $194.7 55% Overpriced
Augusta GA $159.0 $192.5 -17% Undervalued
Jacksonville FL $230.1 $190.8 21% Overpriced
Columbia SC $167.9 $189.2 -11% FairValue
Lexington KY $173.1 $189.0 -8% FairValue
Albuquerque NM $183.2 $188.8 -3% FairValue
New Orleans LA $191.0 $188.1 2% FairValue
Little Rock AR $156.1 $187.1 -17% Undervalued
Atlantic City NJ $264.1 $186.8 41% Overpriced
Dallas-Fort Worth TX $160.8 $186.4 -14% FairValue
Myrtle Beach SC $193.2 $185.8 4% FairValue
Des Moines IA $167.1 $185.6 -10% FairValue
Kansas City MO $171.5 $183.9 -7% FairValue
Greenville SC $166.5 $183.6 -9% FairValue
Fayetteville NC $149.5 $183.1 -18% Undervalued
Cleveland OH $172.9 $183.1 -6% FairValue
Knoxville TN $161.1 $182.1 -12% FairValue
Pittsburgh PA $155.3 $182.1 -15% FairValue
Port St. Lucie-Fort Pierce FL $263.3 $181.8 45% Overpriced
Greensboro-High Point NC $162.7 $180.9 -10% FairValue
Palm Bay-Melbourne FL $249.4 $179.2 39% Overpriced
Louisville KY $164.0 $179.2 -8% FairValue
Fresno CA $269.4 $178.6 51% Overpriced
Greeley CO $195.7 $178.6 10% FairValue
Modesto CA $305.9 $178.5 71% Overpriced
Houston TX $155.1 $178.0 -13% FairValue
Winston-Salem NC $166.4 $177.9 -6% FairValue
Pensacola FL $218.9 $175.5 25% Overpriced
Salt Lake City UT $196.9 $175.2 12% FairValue
Boise City ID $172.2 $173.9 -1% FairValue
St. Louis MO $178.0 $172.7 3% FairValue
Omaha NE $160.1 $172.7 -7% FairValue
Austin TX $174.1 $171.7 1% FairValue
El Paso TX $128.7 $171.6 -25% Undervalued
Tucson AZ $219.0 $171.5 28% Overpriced
Bakersfield CA $232.6 $168.8 38% Overpriced
Baton Rouge LA $152.4 $168.3 -9% FairValue
Deltona-Daytona Beach FL $219.9 $168.2 31% Overpriced
Fayetteville-Springdale AR $175.8 $167.9 5% FairValue
Tampa-St. Petersburg FL $222.2 $164.8 35% Overpriced
San Antonio TX $149.8 $161.1 -7% FairValue
Grand Rapids MI $161.4 $161.0 0% FairValue
Ogden-Clearfield UT $163.5 $160.5 2% FairValue
Lakeland FL $174.9 $158.3 10% FairValue
McAllen-Edinburg TX $123.3 $156.3 -21% Undervalued
Ocala FL $179.6 $155.6 15% Overpriced
Provo-Orem UT $174.5 $150.5 16% Overpriced
Oklahoma City OK $140.9 $149.1 -5% FairValue
Tulsa OK $134.0 $147.8 -9% FairValue
Detroit MI $155.9 $145.5 7% FairValue
Brownsville-Harlingen TX $130.5 $143.9 -9% FairValue
Wichita KS $125.9 $140.3 -10% FairValue
Data Sources: OFHEO, FFIEC, Local Market Monitor