Ranked by Home Value vs. GDP (Highest)

Most Overvalued Housing Markets

Counties where home prices are highest relative to local economic output — markets that may be stretched beyond fundamentals.

# County BTI Score HV Ratio GDP Growth Home Price Proj. Growth
01 Maui County HI 4 28.9x — -6.2% -3.3%
02 Spotsylvania County VA 47 24.6x — +0.9% +0.6%
03 Prince William County VA 60 24.6x — +0.7% +1.1%
04 York County VA 60 23.0x — +1.6% +1.1%
05 Kings County NY 70 20.2x +3.1% +5.1% +1.6%
06 James City County VA 54 19.8x — +0.4% +0.9%
07 San Benito County CA 26 18.1x +7.6% -1.3% -0.2%
08 Richmond County NY 78 17.3x +3.8% +5.2% +2.0%
09 Bronx County NY 53 16.0x +2.2% +5.2% +0.9%
10 Northeastern Connecticut Planning Region CT 98 15.3x — — +3.9%
11 Santa Cruz County CA 21 15.3x +3.4% +1.0% -0.5%
12 Queens County NY 26 14.4x +1.4% +5.1% -0.2%
13 Greater Bridgeport Planning Region CT 89 14.0x — — +2.8%
14 Pittsylvania County VA 52 14.0x — -1.2% +0.8%
15 Northwest Hills Planning Region CT 86 13.8x — — +2.5%
16 Polk County OR 30 13.6x +10.7% +0.8% +0.0%
17 Chatham County NC 19 12.9x +1.3% +0.3% -0.6%
18 Kauai County HI 21 12.8x +1.9% -0.6% -0.4%
19 El Dorado County CA 30 12.7x +1.2% -1.3% +0.0%
20 Frederick County VA 50 12.6x — +0.8% +0.7%
21 Honolulu County HI 22 12.3x +2.6% -0.6% -0.4%
22 Columbia County OR 24 12.3x +0.8% -0.9% -0.3%
23 Contra Costa County CA 19 11.9x +1.1% -4.3% -0.6%
24 Nevada County CA 11 11.9x +3.8% -1.6% -1.5%
25 Mason County WA 34 11.9x +5.4% +0.0% +0.2%
26 Sonoma County CA 30 11.8x +0.8% -2.5% +0.0%
27 Mendocino County CA 10 11.8x +3.1% -2.0% -1.6%
28 Augusta County VA 80 11.6x — +3.8% +2.1%
29 Roanoke County VA 76 11.6x — +3.4% +1.8%
30 Lower Connecticut River Valley Planning Region CT 95 11.5x — — +3.3%
31 Island County WA 43 11.5x +2.3% +0.6% +0.5%
32 Fauquier County VA 72 11.4x +6.0% +3.7% +1.7%
33 Marin County CA 57 11.3x +1.8% +0.1% +0.9%
34 Alameda County CA 16 11.2x +1.0% -5.1% -0.9%
35 Rockingham County VA 49 11.1x — +2.6% +0.7%
36 Wagoner County OK 49 11.1x +2.4% +2.7% +0.7%
37 Ventura County CA 7 11.0x +3.6% -1.1% -2.0%
38 Riverside County CA 20 11.0x +3.3% -2.0% -0.5%
39 Yamhill County OR 30 11.0x +1.2% -0.6% +0.0%
40 Paulding County GA 17 10.9x +6.2% -1.5% -0.8%
41 Madison County ID 53 10.9x +0.4% +6.0% +0.8%
42 Naugatuck Valley Planning Region CT 80 10.8x — — +2.0%
43 Bristol County RI 40 10.8x +7.0% -0.1% +0.4%
44 San Luis Obispo County CA 36 10.8x +4.6% +1.2% +0.3%
45 Albemarle County VA 58 10.7x — +1.5% +1.0%
46 Lyon County NV 16 10.6x -2.6% +0.9% -0.9%
47 Fairfax County VA 32 10.5x — -1.0% +0.1%
48 Oldham County KY 56 10.4x +8.8% +2.4% +0.9%
49 Stafford County VA 47 10.3x -0.2% +1.2% +0.6%
50 San Joaquin County CA 25 10.3x +5.7% -4.2% -0.2%

More Rankings

Top 50 Boom Towns Most Affordable Counties Fastest Growing Counties Most Undervalued Housing Markets Best Counties for Real Estate Investment Counties with Highest GDP Growth Best Counties for Natural Amenities Best Counties for Rental Yield Counties in Decline Most Overvalued Housing Markets