Real Estate Market 2023: Top 10 most overpriced homes in the U.S. - 5 of them are in Florida.

Although the real estate market is finally cooling off, there are some areas across the U.S. where the market remains hot and buyers are still paying much more than a property is actually worth.

Researchers from Florida Atlantic University identified the most overpriced homes in the country by comparing the average expected market value of homes based on historical trends to the average sales prices in the 100 largest metro areas and found the cities with the largest percentage discrepancy between the two values.

There's a list of the 10 most overvalued housing markets in the U.S., ranked from least to most overvalued.

• 10. Н

  Average listing price: $420,932

  Expected home value: $296,827

  Difference between home value and listing price: 41.81%

• 9. Т

  Average listing price: $361,065

  Expected home value: $252,643

  Difference between home value and listing price: 42.9%

• 8. Д

  Average listing price: $334,978

  Expected home value: $233,050

  Difference between home value and listing price: 43.74%

• 7. De

  Average listing price: $226,101

  Expected home value: $157,046

  Difference between home value and listing price: 43.97%

• 6. П

  Average listing price: $345,520

  Expected home value: $238,308

  Difference between home value and listing price: 44.99%

• 5.

Average listing price: $303,766

Expected home value: $209,260

Difference between home value and listing price: 45.16%

All data is from Florida Atlantic University's report on the 100 largest U.S. real estate markets and is current as of January 31, 2023.