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Source: Rivers Langley; SaveRivers / Wikimedia Commons

1. Alabama
> Most expensive housing market: Shelby County
> Median home price: $213,550
> Median mortgage payment: $863
> Median household income: $72,310 (State: $46,257)
> Pct. homes valued $1,000,000+: 0.8%

Source: filo / Getty Images

2. Alaska
> Most expensive housing market: Sitka City and Borough
> Median home price: $375,056
> Median mortgage payment: $1,516
> Median household income: $70,160 (State: $76,440)
> Pct. homes valued $1,000,000+: 0.2%

Source: Zeb Micelli / Wikimedia Commons

3. Arizona
> Most expensive housing market: Maricopa County
> Median home price: $265,696
> Median mortgage payment: $1,074
> Median household income: $55,676 (State: $53,558)
> Pct. homes valued $1,000,000+: 1.9%

Source: Brandonrush / Wikimedia Commons

4. Arkansas
> Most expensive housing market: Benton County
> Median home price: $187,490
> Median mortgage payment: $758
> Median household income: $59,016 (State: $44,334)
> Pct. homes valued $1,000,000+: 0.7%

Source: Thinkstock

5. California
> Most expensive housing market: San Francisco County
> Median home price: $1,087,599
> Median mortgage payment: $4,395
> Median household income: $87,701 (State: $67,739)
> Pct. homes valued $1,000,000+: 35.9%