.The 50 largest major metros according to the report issued by Zillow shows that New York, Los Angeles, Boston, San Francisco and Washington, DC, have the largest housing deficits.
Metro Area* |
Housing |
Change in Housing |
Change in |
Raise Needed for Median- |
United States |
4,699,836 |
159,063 |
-2.8 % |
$17,670 |
New York, NY |
402,361 |
12,437 |
-3.2 % |
$99,343 |
Los Angeles, CA |
338,750 |
2,022 |
0.9 % |
$149,375 |
Chicago, IL |
106,522 |
9,143 |
-9.4 % |
-$187 |
Dallas, TX |
49,204 |
1,054 |
1.9 % |
$17,448 |
Houston, TX |
20,164 |
136 |
2.3 % |
$6,304 |
Washington, DC |
132,238 |
(983) |
-3.1 % |
$26,513 |
Philadelphia, PA |
81,448 |
8,580 |
-4.7 % |
$16,344 |
Miami, FL |
71,966 |
5,022 |
-4.5 % |
$59,379 |
Atlanta, GA |
66,323 |
780 |
2.6 % |
$14,735 |
Boston, MA |
150,541 |
(4,571) |
2.6 % |
$78,703 |
Phoenix, AZ |
98,703 |
4,719 |
7.8 % |
$22,500 |
San Francisco, CA |
139,990 |
(11,501) |
8.2 % |
$165,566 |
Riverside, CA |
85,087 |
8,099 |
-5.6 % |
$60,685 |
Detroit, MI |
36,187 |
1,198 |
3.4 % |
-$1,804 |
Seattle, WA |
101,923 |
(5,974) |
8.3 % |
$84,356 |
Minneapolis, MN |
73,059 |
(4,501) |
6.2 % |
$8,627 |
San Diego, CA |
95,831 |
1,892 |
0.7 % |
$128,954 |
Tampa, FL |
33,200 |
1,858 |
-0.2 % |
$27,198 |
Denver, CO |
70,919 |
(749) |
1.8 % |
$43,588 |
Baltimore, MD |
40,644 |
3,836 |
-12.3 % |
$8,104 |
St. Louis, MO |
17,368 |
2,544 |
-7.7 % |
-$4,897 |
Orlando, FL |
24,402 |
2,874 |
2.2 % |
$26,497 |
Charlotte, NC |
22,098 |
3,507 |
-2.9 % |
$15,302 |
San Antonio, TX |
13,558 |
(2,220) |
7.5 % |
$8,064 |
Portland, OR |
70,485 |
(1,799) |
-0.9 % |
$48,708 |
Sacramento, CA |
60,431 |
(2,293) |
4.9 % |
$53,660 |
Pittsburgh, PA |
15,420 |
(212) |
0.7 % |
-$11,244 |
Cincinnati, OH |
32,025 |
(256) |
-1.6 % |
-$4,396 |
Austin, TX |
63,210 |
1,878 |
-0.1 % |
$27,545 |
Las Vegas, NV |
32,192 |
3,117 |
-6.8 % |
$29,140 |
Kansas City, MO |
27,923 |
344 |
-5.9 % |
$7,383 |
Columbus, OH |
36,219 |
1,240 |
-2.5 % |
$2,561 |
Indianapolis, IN |
15,005 |
330 |
-6.1 % |
-$3,052 |
Cleveland, OH |
13,774 |
(1,609) |
-1.0 % |
-$11,588 |
San Jose, CA |
56,378 |
(1,178) |
5.2 % |
$251,597 |
Nashville, TN |
34,843 |
(1,142) |
-4.1 % |
$25,508 |
Virginia Beach, VA |
19,887 |
1,044 |
-7.6 % |
$13,898 |
Providence, RI |
29,791 |
3,318 |
-13.9 % |
$50,418 |
Jacksonville, FL |
13,243 |
(1,007) |
10.8 % |
$19,202 |
Milwaukee, WI |
13,929 |
(977) |
1.8 % |
$36,519 |
Oklahoma City, OK |
11,605 |
(2,365) |
-5.1 % |
-$2,201 |
Raleigh, NC |
11,096 |
(635) |
3.3 % |
$16,602 |
Memphis, TN |
1,543 |
(1,807) |
1.8 % |
$807 |
Richmond, VA |
15,245 |
(1,118) |
8.5 % |
$12,816 |
Louisville, KY |
11,107 |
1,144 |
-1.8 % |
-$855 |
New Orleans, LA |
4,234 |
30 |
1.3 % |
$10,543 |
Salt Lake City, UT |
33,258 |
3,078 |
0.2 % |
$40,038 |
Hartford, CT |
13,131 |
(426) |
-5.1 % |
$16,104 |
Buffalo, NY |
17,194 |
1,993 |
-12.6 % |
-$3,137 |
Birmingham, AL |
5,966 |
1,925 |
-13.5 % |
-$3,933 |
These stats were published by Zillow.
About Counsellors Title Agency
We are an award-winning agency and one of New Jersey’s leading title insurance businesses, based in Toms River. Counsellors is known for its team of knowledgeable service professionals recognized for its exceptional title, settlement and escrow services, for all 21 New Jersey counties. Its glitch-free signature service provides confidence to home buyers, sellers, and industry professionals. The knowledge base of its staff has processed over $17 billion in orders and established itself as a pillar of trust and benchmark of excellence within the real estate community.