5 Most Overpriced Housing Markets in the U.S.

3. Cape Coral, Florida

Home Overprice Percentage: 45.34%

Cape Coral sits right in the center of Miami and Tampa – two of the largest cities in Florida. The city is known for having a large number of waterways, lending it a distinct landscape that is unparalleled globally. Cape Coral has amusement parks, recreation parks, libraries, and ecological preserves. Nearly all of Cape Coral’s hundreds of canals open into the Gulf of Mexico, and the city’s population has also been rapidly growing over the past couple of years.