The highest home prices should be (by zip code).

Home prices have always had a relationship to local income levels. Historically, home prices have been 2 to 4 times income levels. Incomes and the ability to make mortgage payments are the main factors in limiting how high prices can rise.

The image below is an illustration of the results you will see when checking the Home Price Ceiling Fundamental™. For a brief description hover your mouse over the question mark . To gain a better understanding of this fundamental, read a more extensive explanation by clicking here.

Historical Data Source: AHS, American Housing Survey, by US Census Bureau for HUD.