3 Utah Cities Homes Ranked in the Most Overvalued in the US

Housing prices can be hard to understand and even if you do understand, they may still seem unbelievable.

A million-dollar home today looks a lot different than a home valued at a million a decade ago. If you think about $1 million homes, you probably think of something like a mansion, but that isn’t the case anymore. That doesn’t mean you can’t get a nice house for a million dollars. Zillow has loads of properties listed in that price range with more than 5,000 square feet of space and multiple rooms.

But, if you head to 3 specific cities in Utah you’ll see housing prices that look extremely inflated.

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3 Utah Cities Ranked in the Most Overvalued Housing Markets

DAWGS is a property security company that gathered info, from Fortune, on the most overvalued cities in the United States and 3 of them are in Utah. Ogden house prices are overvalued by 59 percent, ranking 3rd in the nation. The housing market in Provo is 52 percent overvalued and Salt Lake City is 49 percent overvalued.

Looking at properties in Ogden on the Zillow real estate site and comparing them to houses in a different city, a recent listing for a 5,126 square foot home has a price tag of $999,900 in Ogden and in Manti, you can get a larger house with 7,191 square feet for $180,000 less ($819,000).

It isn’t all bad though, if you like fancy real estate, there’s a gorgeous home listed in Park City for $52,000,000. It’s the most expensive home for sale in Utah.