Special Report

15 Cities With the Most Overpriced Housing Markets

Source: Sean Pavone / iStock via Getty Images

15. Detroit, Michigan
> Premium: 51.2%
> Average sale price: $238,278 — #15 highest
> Expected price: $157,631 — #15 highest

Source: Kruck20 / iStock via Getty Images

14. Raleigh, North Carolina
> Premium: 51.7%
> Average sale price: $445,219 — #8 highest
> Expected price: $293,494 — #7 highest

Source: SeanPavonePhoto / iStock via Getty Images

13. Tampa, Florida
> Premium: 52.4%
> Average sale price: $366,059 — #13 highest
> Expected price: $240,175 — #11 highest

Source: Sean Pavone / iStock via Getty Images

12. Lakeland, Florida
> Premium: 53.2%
> Average sale price: $297,636 — #14 highest
> Expected price: $194,252 — #14 highest

Source: Kruck20 / iStock via Getty Images

11. Charlotte, North Carolina
> Premium: 55.3%
> Average sale price: $372,300 — #11 highest
> Expected price: $239,804 — #12 highest

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