5 Most Overpriced Housing Markets in America

In this article, we will take a look at the 5 most overpriced housing markets in America. If you wish to see our detailed analysis, you can go to 20 Most Overpriced Housing Markets in America.

5. Palm Bay, Florida

Home Overprice Percentage: 38.81%

Palm Bay is located in Brevard County, Florida. As of January, the housing market in Palm Bay is 38.81% overpriced.

4. Tampa, Florida

Home Overprice Percentage: 39.07%

Tampa ranks as another overpriced housing market in America. This is because the list price in the metro is higher than the expected home value.

3. Detroit, Michigan

Home Overprice Percentage: 40.44%

The populous city of Detroit is also overpriced in terms of housing. The housing market in the city is 40.44% overpriced as recorded in January.

2. Cape Coral, Florida

Home Overprice Percentage: 41.47%

Cape Coral is situated in Lee County, Florida. It tends to be one of the overpriced housing markets in the US as the premium for the metro was recorded at 41.47% in January.

1. Atlanta, Georgia

Home Overprice Percentage: 42.39%

Atlanta, the capital of Georgia, ranks at the top of the most overpriced housing markets in America. As of January 31, an Atlanta property sells 42.39% above its historical implied price.

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