Special Report

Most Expensive Housing Market in Every State

Source: Thinkstock

21. Massachusetts
> Most expensive housing market: Nantucket County
> Median home price: $977,237
> Median mortgage payment: $3,949
> Median household income: $89,428 (State: $75,297)
> Pct. homes valued $1,000,000+: 47.1%

Source: Hgjudd / Wikimedia Commons

22. Michigan
> Most expensive housing market: Leelanau County
> Median home price: $281,979
> Median mortgage payment: $1,140
> Median household income: $59,018 (State: $52,492)
> Pct. homes valued $1,000,000+: 6.4%

Source: Tony Webster from Minneapolis, Minnesota, United States / Wikimedia Commons

23. Minnesota
> Most expensive housing market: Carver County
> Median home price: $329,383
> Median mortgage payment: $1,331
> Median household income: $88,638 (State: $65,599)
> Pct. homes valued $1,000,000+: 1.7%

Source: Bill Herndon / Flickr

24. Mississippi
> Most expensive housing market: Madison County
> Median home price: $215,215
> Median mortgage payment: $870
> Median household income: $65,924 (State: $41,754)
> Pct. homes valued $1,000,000+: 2.8%

Source: benkrut / iStock

25. Missouri
> Most expensive housing market: Platte County
> Median home price: $222,358
> Median mortgage payment: $899
> Median household income: $70,879 (State: $51,746)
> Pct. homes valued $1,000,000+: 0.7%

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.