Birmingham, Michigan, is considered the most overpriced city in the U.S., with real estate prices reflecting its high demand and luxurious lifestyle. The city is known for its walkability, upscale downtown, and abundance of parks, with over 26 parks covering 10% of the city’s area. A $1 million home typically includes modern designs, hardwood floors, and small lots, complemented by access to well-maintained public spaces. At the higher end, $2.7 million homes feature spacious yards, luxurious finishes, and custom designs. While Birmingham's real estate market attracts debate about its value, its unique mix of small-town charm and upscale living makes it highly desirable.