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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.

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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 arkansasShutterstock
  • 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 happiest citiesShutterstock
  • 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 carolinaShutterstock
  • 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, VirginiaShutterstock
  • 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 CarolinaWileydoc / 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 mapShutterstock
  • 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 CarolinaShutterstock
  • Median list price: $288,780.85
  • Median home value: $207,560
  • Difference between list price and home value: $81,220.85

43 | McAllen, Texas

overpass in pharr texas, heart attack citiesShutterstock
  • Median list price: $219,580
  • Median home value: $137,540
  • Difference between list price and home value: $82,040

42 | Pensacola, Florida

pensacola florida humid places most humid cities in the U.S.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, GeorgiaAnimas 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 californiaShutterstock
  • 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 scenesShutterstock
  • 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 michiganShutterstock
  • Median list price: $288,340
  • Median home value: $200,960
  • Difference between list price and home value: $87,380

37 | Frisco, Texas

Frisco, circus, longest-living cities, worst singles scenesShutterstock
  • 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, TexasEric 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 mapShutterstock
  • 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, MinnesotaShutterstock
  • 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 CarolinaAmilcar 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, GeorgiaShutterstock
  • 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 angelesShutterstock
  • Median list price: $831,343.80
  • Median home value: $735,060
  • Difference between list price and home value: $96,283.80

RELATED: This Is How Much Money People Your Age Make in Your State, Data Shows.

30 | Savannah, Georgia

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

29 | Napa, California

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

28 | Olathe, Kansas

best drinking waterShutterstock
  • 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 citiesShutterstock
  • 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-saciStock
  • 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, AlabamaConnie 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 skylineShutterstock
  • 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 JerseyShutterstock
  • 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 duskShutterstock
  • 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, TennesseeiStock
  • 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, TexasAlizada 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 skylineShutterstock
  • 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, LouisianaBonita 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 citiesShutterstock
  • 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, TexasShutterstock
  • 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 aboveShutterstock
  • 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, TexasShutterstock
  • 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, GeorgiaShutterstock
  • Median list price: $304,830
  • Median home value: $186,350
  • Difference between list price and home value: $118,480

11 | Chicago, Illinois

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

10 | Vienna, Virginia

Vienna, VirginiaShutterstock
  • 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, ArkansasRaksyBH / 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 viewShutterstock / 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 nightShutterstock
  • 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 streetShutterstock/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 twilightSean 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, TexasiStock
  • 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, NYiStock
  • Median list price: $788,240
  • Median home value: $616,890
  • Difference between list price and home value: $171,350

2 | Arcadia, California

Arcadia, CaliforniaShutterstock
  • 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 nightShutterstock
  • Median list price: $1,219,050
  • Median home value: $971,090
  • Difference between list price and home value: $247,960

RELATED: This Is the No. 1 Regret Homeowners Have, Study Shows.

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