Ranked by Home Value vs. GDP Gap

Most Undervalued Housing Markets

Counties where home prices are lowest relative to local economic output — potential value plays where the housing market hasn't caught up with the economy.

# County BTI Score HV Ratio GDP Growth Proj. Growth Home Price
01 Lea County NM 14 1.0x +19.2% -1.1% +1.0%
02 Eddy County NM 73 1.2x +12.7% +1.7% -1.9%
03 Midland County TX 68 1.3x +5.9% +1.4% +2.7%
04 St. Charles Parish LA 5 1.4x +9.8% -2.5% +0.8%
05 Potter County TX 57 1.6x +2.0% +0.9% +1.8%
06 St. Louis city MO 34 1.6x +0.5% +0.2% +0.8%
07 Marion County IN 44 1.6x +3.1% +0.5% +0.5%
08 Christian County KY 54 1.7x -1.1% +0.9% +1.7%
09 Allen County OH 100 1.7x +7.5% +5.2% +6.9%
10 Macon County IL 98 1.8x +0.5% +4.0% +8.3%
11 Apache County AZ 37 1.8x -0.9% +0.3% -0.0%
12 Jefferson County TX 9 1.8x +12.4% -1.8% +2.4%
13 Bradford County PA 75 1.9x +10.1% +1.8% +2.6%
14 Wyandotte County KS 40 1.9x +2.7% +0.4% +1.1%
15 Lenoir County NC 58 2.0x +2.0% +1.0% +2.4%
16 Cuyahoga County OH 82 2.0x +1.5% +2.2% +4.8%
17 Hamilton County OH 55 2.0x +0.1% +0.9% +2.0%
18 Harrison County WV 52 2.0x +0.1% +0.8% -2.0%
19 Roanoke city VA 44 2.0x +2.5% +0.5% +2.2%
20 Jefferson County OH 22 2.0x -8.4% -0.3% +2.3%
21 Rock Island County IL 76 2.0x +0.1% +1.8% +6.4%
22 Peoria County IL 98 2.1x +1.9% +4.1% +8.2%
23 Kanawha County WV 54 2.1x +2.0% +0.9% -0.8%
24 Dougherty County GA 28 2.1x +2.2% -0.1% -5.5%
25 Ector County TX 86 2.1x +3.0% +2.5% +5.0%
26 Vermilion County IL 26 2.1x -0.3% -0.2% -0.2%
27 Fulton County GA 15 2.1x +2.4% -1.1% -3.1%
28 Dallas County TX 9 2.1x +1.3% -1.8% -4.1%
29 Elkhart County IN 74 2.1x +0.0% +1.7% +5.0%
30 Washington County OK 62 2.1x +18.4% +1.2% +4.4%
31 Oswego County NY 100 2.2x +3.9% +5.4% +3.2%
32 McCracken County KY 90 2.2x +2.5% +2.8% +3.5%
33 Montgomery County AL 44 2.2x +2.7% +0.5% +0.5%
34 Richmond County GA 10 2.2x +1.6% -1.6% -0.3%
35 New York County NY 10 2.2x +2.9% -1.6% +0.9%
36 Douglas County NE 61 2.2x +0.9% +1.2% +1.0%
37 Midland County MI 95 2.2x +2.5% +3.4% +5.7%
38 Albany County NY 75 2.3x +1.5% +1.8% +3.7%
39 Polk County IA 44 2.3x +3.2% +0.5% +1.4%
40 McKinley County NM 73 2.3x -3.7% +1.7% +1.0%
41 Bartholomew County IN 71 2.3x +3.9% +1.6% +3.4%
42 Baltimore city MD 18 2.3x +2.6% -0.7% -1.2%
43 Durham County NC 15 2.3x +5.9% -1.1% -2.4%
44 Pulaski County AR 40 2.3x +2.2% +0.4% +2.2%
45 Allegheny County PA 45 2.3x +1.6% +0.5% +0.7%
46 Lauderdale County MS 4 2.3x +4.6% -3.2% -1.4%
47 Clayton County GA 13 2.3x -0.3% -1.2% -6.1%
48 Kosciusko County IN 55 2.4x +0.9% +0.9% +2.7%
49 Salem County NJ 69 2.4x +4.5% +1.5% +1.6%
50 Lucas County OH 88 2.4x +1.8% +2.7% +5.0%

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