ACM 60-City Housing Market Scorecard
Adkins Capital Management · Adkins Valuation Methodology · Live FRED Data
ACM Rating:Underpriced (≤22%)Fair Value (22–28%)Overpriced (28–38%)Severely Overpriced (>38%)
Showing 60 of 60 cities · Click any column header to sort
| City | Median Income | State ZHVIZillow via FRED | MoM % | YoY % | Justified RateRate that makes ZHVI affordable | Income Used% of gross income @ live rate | ACM Rating | As Of |
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Adkins Valuation Methodology — Justified Rate: The 30-year fixed mortgage rate at which the current home price is exactly justified by local median household income at the 28% threshold. If the Justified Rate exceeds the live market rate (6.11%), the city is underpriced relative to income. If below, households must spend more than 28% of income to carry the mortgage. Income Used: The actual percentage of gross monthly household income consumed by a 30-year fixed mortgage payment at the current live rate. Values above 28% indicate homes are priced beyond the justified affordability threshold.
