This City Has the Most Overpriced Homes in America, According to Data

The list prices on homes in these cities are much higher than their value.

Buying a home can either be a great investment or a money-draining liability. And while there are safer bets than others, no one can predict all the ebbs and flows of the housing market. What can be said with certainty is that the houses in some cities carry price tags that exceed their actual value. To learn where exactly this is the case, we turned to a new GoBankingRates study that identifies the 50 cities with the most overpriced homes in the U.S.

Using 2019 housing data from Zillow, GOBankingRates analyzed the 722 biggest housing markets in the country. For each city, they took the median list price and compared it to the median home value to see which had the largest disparity between price and value. Read on to discover which city has the most overpriced homes in America.

RELATED: This Is Exactly How Much Your Home's Value Will Change in 2021, Experts Say.

50
Little Rock, Arkansas

little rock arkansas
Shutterstock
  • Median list price: $218,415.10
  • Median home value: $140,360
  • Difference between list price and home value: $78,055.10

49
Overland Park, Kansas

overland park, kansas
Shutterstock
  • Median list price: $396,944.45
  • Median home value: $318,550
  • Difference between list price and home value: $78,394.45

48
Greenville, South Carolina

aerial view of downtown greenville south carolina
Shutterstock
  • Median list price: $269,716.50
  • Median home value: $190,640
  • Difference between list price and home value: $79,076.50

47
Glen Allen, Virginia

Glen Allen, Virginia
Shutterstock
  • Median list price: $404,193
  • Median home value: $324,520
  • Difference between list price and home value: $79,673

46
Goldsboro, North Carolina

Goldsboro, North Carolina
Wileydoc / Shutterstock.com
  • Median list price: $167,234.95
  • Median home value: $87,330
  • Difference between list price and home value: $79,904.95

45
Mission, Texas

Mission, Texas on a map
Shutterstock
  • Median list price: $210,977.25
  • Median home value: $129,980
  • Difference between list price and home value: $80,997.25

44
Concord, North Carolina

Concord, North Carolina
Shutterstock
  • Median list price: $288,780.85
  • Median home value: $207,560
  • Difference between list price and home value: $81,220.85

43
McAllen, Texas

McAllen, Texas
Shutterstock
  • Median list price: $219,580
  • Median home value: $137,540
  • Difference between list price and home value: $82,040

42
Pensacola, Florida

pensacola florida
Shutterstock
  • Median list price: $227,870
  • Median home value: $145,350
  • Difference between list price and home value: $82,520

RELATED: This Is the Most Expensive State in America, According to Data.

41
Woodstock, Georgia

Woodstock, Georgia
Animas Photography / Shutterstock.com
  • Median list price: $340,976
  • Median home value: $257,420
  • Difference between list price and home value: $83,556

40
Santa Barbara, California

santa barbara california
Shutterstock
  • Median list price: $1,326,575
  • Median home value: $1,242,050
  • Difference between list price and home value: $84,525

39
Escondido, California

Escondido, CA, mountain, worst singles scenes
Shutterstock
  • Median list price: $624,533.65
  • Median home value: $538,070
  • Difference between list price and home value: $86,463.65

38
Holland, Michigan

windmill in holland michigan
Shutterstock
  • Median list price: $288,340
  • Median home value: $200,960
  • Difference between list price and home value: $87,380

37
Frisco, Texas

Frisco, Texas
Shutterstock
  • Median list price: $486,455.60
  • Median home value: $398,510
  • Difference between list price and home value: $87,945.60

36
Allen, Texas

Allen, Texas
Eric Urquhart / Shutterstock.com
  • Median list price: $409,868.20
  • Median home value: $319,670
  • Difference between list price and home value: $90,198.20

35
Beaumont, Texas

beaumont map
Shutterstock
  • Median list price: $200,773.70
  • Median home value: $108,700
  • Difference between list price and home value: $92,073.70

34
Plymouth, Minnesota

Plymouth, Minnesota
Shutterstock
  • Median list price: $471,739.50
  • Median home value: $377,160
  • Difference between list price and home value: $94,579.50

33
Sumter, South Carolina

Sumter, South Carolina
Amilcar Lugo Diaz / Shutterstock.com
  • Median list price: $178,576
  • Median home value: $82,400
  • Difference between list price and home value: $96,176

32
Alpharetta, Georgia

Alpharetta, Georgia
Shutterstock
  • Median list price: $501,744.20
  • Median home value: $405,520
  • Difference between list price and home value: $96,224.20

31
Los Angeles, California

echo park los angeles
Shutterstock
  • Median list price: $831,343.80
  • Median home value: $735,060
  • Difference between list price and home value: $96,283.80

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30
Savannah, Georgia

street in savannah georgia
Shutterstock
  • Median list price: $232,712
  • Median home value: $136,280
  • Difference between list price and home value: $96,432

29
Napa, California

napa, california
Shutterstock
  • Median list price: $780,670
  • Median home value: $683,240
  • Difference between list price and home value: $97,430

28
Olathe, Kansas

Olathe, Kansas
Shutterstock
  • Median list price: $360,485
  • Median home value: $263,050
  • Difference between list price and home value: $97,435

27
Franklin, Tennessee

franklin tennessee, fastest growing cities
Shutterstock
  • Median list price: $575,085.50
  • Median home value: $477,640
  • Difference between list price and home value: $97,445.50

26
Houston, Texas

aerial view of a suburban cul-de-sac
iStock
  • Median list price: $293,654.40
  • Median home value: $195,790
  • Difference between list price and home value: $97,864.40

25
Hoover, Alabama

Hoover, Alabama
Connie Lewellen / Shutterstock.com
  • Median list price: $391,873.30
  • Median home value: $293,740
  • Difference between list price and home value: $98,133.30

24
Tampa, Florida

tampa florida skyline
Shutterstock
  • Median list price: $324,054.90
  • Median home value: $225,020
  • Difference between list price and home value: $99,034.90

23
Jersey City, New Jersey

cityscape photo of buildings in downtown Jersey City, New Jersey
Shutterstock
  • Median list price: $578,090
  • Median home value: $478,670
  • Difference between list price and home value: $99,420

22
Santa Fe, New Mexico

santa fe new mexico at dusk
Shutterstock
  • Median list price: $504,228.30
  • Median home value: $400,330
  • Difference between list price and home value: $103,898.30

21
Chattanooga, Tennessee

The skyline of Chattanooga, Tennessee
iStock
  • Median list price: $252,585
  • Median home value: $146,400
  • Difference between list price and home value: $106,185

20
Sugar Land, Texas

Sugar Land, Texas
Alizada Studios / Shutterstock.com
  • Median list price: $410,760.05
  • Median home value: $304,180
  • Difference between list price and home value: $106,580.05

19
Huntsville, Alabama

huntsville alabama skyline
Shutterstock
  • Median list price: $262,082
  • Median home value: $153,360
  • Difference between list price and home value: $108,722

18
Charlottesville, Virginia

Main street in downtown Charlottesville, Virginia.
iStock
  • Median list price: $444,794.85
  • Median home value: $334,840
  • Difference between list price and home value: $109,954.85

17
Monroe, Louisiana

A wooden boardwalk stretching into he Black Bayou Lake National Wildlife Refuge in Monroe, Louisiana
Bonita R. Cheshier/Shutterstock
  • Median list price: $208,920
  • Median home value: $96,350
  • Difference between list price and home value: $112,570

16
Newport Beach, California

newport beach california, fastest shrinking cities
Shutterstock
  • Median list price: $2,546,800
  • Median home value: $2,433,680
  • Difference between list price and home value: $113,120

15
The Woodlands, Texas

The Woodlands, Texas
Shutterstock
  • Median list price: $456,946.40
  • Median home value: $343,520
  • Difference between list price and home value: $113,426.40

14
Miami, Florida

cityscape photo of Miami, Florida from above
Shutterstock
  • Median list price: $476,100
  • Median home value: $359,150
  • Difference between list price and home value: $116,950

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13
Tyler, Texas

House in Tyler, Texas
Shutterstock
  • Median list price: $263,515.65
  • Median home value: $145,100
  • Difference between list price and home value: $118,415.65

12
Gainesville, Georgia

Gainesville, Georgia
Shutterstock
  • Median list price: $304,830
  • Median home value: $186,350
  • Difference between list price and home value: $118,480

11
Chicago, Illinois

chicago illinois
Shutterstock
  • Median list price: $336,970
  • Median home value: $212,260
  • Difference between list price and home value: $124,710

10
Vienna, Virginia

Vienna, Virginia
Shutterstock
  • Median list price: $936,431.75
  • Median home value: $806,110
  • Difference between list price and home value: $130,321.75

9
Rogers, Arkansas

Rogers, Arkansas
RaksyBH / Shutterstock.com
  • Median list price: $321,854.75
  • Median home value: $184,960
  • Difference between list price and home value: $136,894.75

8
Fort Lauderdale, Florida

Fort Lauderdale view
Shutterstock/Solarisys
  • Median list price: $496,465
  • Median home value: $355,730
  • Difference between list price and home value: $140,735

7
Irving, Texas

cityscape photo of downtown Irving, Texas at night
Shutterstock
  • Median list price: $370,463.35
  • Median home value: $226,170
  • Difference between list price and home value: $144,293.35

6
Boston, Massachusetts

boston massachusetts street
Shutterstock/Sean Pavone
  • Median list price: $743,090
  • Median home value: $596,680
  • Difference between list price and home value: $146,410

5
New Orleans, Louisiana

cityscape photos of bars and restaurants on Bourbon Street in New Orleans, Louisiana at twilight
Sean Pavone / Shutterstock
  • Median list price: $327,650
  • Median home value: $168,820
  • Difference between list price and home value: $158,830

4
Dallas, Texas

city skyline of Dallas, Texas
iStock
  • Median list price: $387,659.90
  • Median home value: $224,620
  • Difference between list price and home value: $163,039.90

3
New York, New York

city skyline of and Water of New York Harbor in New York, NY
iStock
  • Median list price: $788,240
  • Median home value: $616,890
  • Difference between list price and home value: $171,350

2
Arcadia, California

Arcadia, California
Shutterstock
  • Median list price: $1,468,940
  • Median home value: $1,228,250
  • Difference between list price and home value: $240,690

1
Bethesda, Maryland

image of downtown bethesda, maryland at night
Shutterstock
  • Median list price: $1,219,050
  • Median home value: $971,090
  • Difference between list price and home value: $247,960

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