We would push back on the premise: build your offer on actual comparable sales, and treat "overvalued" model headlines as noise. If a home were truly priced far above its worth, most financed deals would fail the appraisal, so the financing itself acts as a brake on overpaying. Be skeptical of the single-metric models behind the "this metro is X percent overvalued" headlines. The same methods routinely tag expensive coastal metros at 60 percent or more overvalued, parts of coastal California have carried that label, while buyers there still cannot get an offer accepted without competing. When a model calls a market wildly overvalued and buyers on the ground are in bidding wars, the label is telling you about the model. Treat those figures as clickbait-adjacent rather than as a valuation to act on. Practically: have your agent run current comps for the specific home, adjust for condition, size, and location, and anchor your offer there. If the number pencils against real closed sales and the home appraises, you are paying market, whatever a headline percentage claims. Nobody can promise where prices go next, so buy the house on its own comps and its fit for your life.