Gulf Coast cities break top 20 in list of most ‘overpriced’ housing markets in America
Updated: 2:53 PM EDT May 25, 2026
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A new analysis from financial site MoneyLion found the most overpriced housing markets in the U.S., and some areas of the Gulf Coast are breaking the top 20.The analysis looked at the monetary and percentage difference between home values and the median list price in each housing market. They say that while the average home has a difference of about 9% between its value and list price, some homes are being priced at 60% more than their value.The Gulf Coast isn’t safe from the issue, with Naples coming in as the number 12 most overpriced housing market in the country. The analysis says the average home in Naples is valued at $678,762, while the median list price is around $884,889. This comes to a 30.4% difference between the value of the average home and its list price.Cape Coral is sitting just behind Naples at number 13. Its average home value is $355,598, and its median list price is around $463,000. This comes to a 30.2% discrepancy between the value of a home and the median list price.The top five most overpriced housing markets in the country, according to Moneylion, are:Santa Maria, CaliforniaCrestview, FloridaCorpus Christi, TexasBrownsville, TexasLongview, TexasDOWNLOAD the free Gulf Coast News app for your latest news and alerts on breaking news, weather, sports, entertainment, and more on your phone or tablet. And check out the Very Local Gulf Coast app to stream news, entertainment and original programming on your TV.
A new analysis from financial site MoneyLion found the most overpriced housing markets in the U.S., and some areas of the Gulf Coast are breaking the top 20.
The analysis looked at the monetary and percentage difference between home values and the median list price in each housing market. They say that while the average home has a difference of about 9% between its value and list price, some homes are being priced at 60% more than their value.
The Gulf Coast isn’t safe from the issue, with Naples coming in as the number 12 most overpriced housing market in the country. The analysis says the average home in Naples is valued at $678,762, while the median list price is around $884,889. This comes to a 30.4% difference between the value of the average home and its list price.
Cape Coral is sitting just behind Naples at number 13. Its average home value is $355,598, and its median list price is around $463,000. This comes to a 30.2% discrepancy between the value of a home and the median list price.
The top five most overpriced housing markets in the country, according to Moneylion, are:
- Santa Maria, California
- Crestview, Florida
- Corpus Christi, Texas
- Brownsville, Texas
- Longview, Texas
DOWNLOAD the free Gulf Coast News app for your latest news and alerts on breaking news, weather, sports, entertainment, and more on your phone or tablet. And check out the Very Local Gulf Coast app to stream news, entertainment and original programming on your TV.
