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Are Columbus homes for sale undervalued by 16% ?

undervaluedCNN Money seems to think so. In an article out today, the online financial magazine called the Las Vegas housing market simultaneously the most undervalued in the nationĀ and one of the worst housing buys.

FIVE Ohio Cities made the list of the top 15 Under Valued Cities in the Country — Akron and Cleveland came in at #’s 2 and 3 respectively while slots 9, 13, and 15 belonged to Dayton, Columbus and Cincinnati.

Columbus, which they list with a median house price of $186,228, came in at 16% undervalued-technically tied for 7th place on the list behind Memphis Tennessee and in front of Detroit.

The most over-valued housing market in America? Nassau-Suffolk, N.Y., at 26% overvalued followed by Los Angeles and Portland.

Are looking for a good deal in Columbus? Let us know.

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