Data reports
The Most Oversupplied Corner of American Housing Is the Vacation Home
Second-home markets carry nearly twice the unsold inventory of everywhere else — and a tail of them is sitting on more than a year of it.
7 min read
LocalAlpha
Market intelligence, in plain English
Data-driven analysis of U.S. housing markets — where they’re heating up, cooling, or turning — read straight from the data behind the Alpha Score.
Latest analysis
Data reports
Home Prices 'Fell' in 537 US Counties. Nearly Half Got More Expensive.
In Pueblo County, Colorado, the median sale price fell 3.4% last year. Per square foot, housing got 9.2% more expensive. That gap is not the market turning. It is which houses happened to sell.
8 min read
Market analysis
In 559 Markets, Buyers Stopped Paying Whatever the Seller Asked
In 559 ZIP codes sellers gave up more than a point of asking price while the sale price itself kept rising — and in 428 of them the median ask had gone up, not down. The gap is worth about $6,700 more than it was a year ago, and it is the rarest this has been in four years.
9 min read
Market analysis
The Price Says Up. The Negotiating Table Says Otherwise.
In 559 neighborhoods, sellers are accepting a bigger discount to asking while the median price keeps rising — and the ratio is the one that cannot be faked.
7 min read
Investor guides
How to Tell If a Housing Market Is Overvalued (5 Public-Data Signals)
Five public-data signals tell you whether a market's prices have run past the fundamentals that support them — and you can check every one yourself.
15 min read
Data reports
The 10 Most Underrated Housing Markets in America (2026)
The strongest markets in the country are rarely the ones in the headlines. Here is what the data says — ranked, with the method behind it.
6 min read
Methodology
What Actually Makes a Housing Market "Hot"? We Scored 900 of Them.
Five forces decide whether a market favors buyers or sellers — and whether the heat will last. Here is what each one measures, in plain English.
6 min read
Investor guides
Buyer's or Seller's Market? How to Read Any Metro in 60 Seconds.
A repeatable way to size up any U.S. housing market fast — using one score, five bars, and four questions.
5 min read
Market guides
Always-current rankings and overviews generated from live Alpha Scores.
State rankings
Best Real Estate Markets in Texas (2026): Metros Above 150,000 PeopleBest Real Estate Markets in Florida (2026): Metros Above 150,000 PeopleBest Real Estate Markets in North Carolina (2026): Metros Above 150,000 PeopleBest Real Estate Markets in Tennessee (2026): Metros Above 150,000 PeopleBest Real Estate Markets in Arizona (2026): Metros Above 150,000 People
Metro overviews
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