5 Most Overpriced Housing Markets in the US

Although the housing market is cooling down, there are still some areas where buyers are paying much more than homes are actually worth. Here's a look at the five most overpriced markets.

Lakeland, FL

Avg. listing price: $303,766 Home value: $209,260

Memphis, TN

Avg. listing price: $225,958 Home value: $154,575

Charlotte, NC

Avg. listing price: $355,613 Home value: $240,670

Cape Coral, FL

Avg. listing price: $375,812 Home value: $251,100

Atlanta, GA

Avg. listing price: $357,677 Home value: $236,627