Special Report

Most Expensive Cities to Buy a Home

10. Los Gatos, California
> Median home value: $1,694,000
> Median monthly housing costs with a mortgage: $4,000+ — the highest of 1,774 cities (tied)
> Share of housing units with a mortgage: 67.1% — 855th lowest of 1,774 cities (tied)
> Homeownership rate: 64.9% — 682nd highest of 1,774 cities (tied)
> Median household income: $155,863 — 32nd highest of 1,774 cities

Source: Joe Ravi / Wikimedia Commons

9. Cupertino, California
> Median home value: $1,711,300
> Median monthly housing costs with a mortgage: $4,000+ — the highest of 1,774 cities (tied)
> Share of housing units with a mortgage: 66.2% — 782nd lowest of 1,774 cities (tied)
> Homeownership rate: 60.2% — 865th lowest of 1,774 cities (tied)
> Median household income: $171,917 — 14th highest of 1,774 cities

8. Newport Beach, California
> Median home value: $1,898,900
> Median monthly housing costs with a mortgage: $4,000+ — the highest of 1,774 cities (tied)
> Share of housing units with a mortgage: 65.2% — 695th lowest of 1,774 cities (tied)
> Homeownership rate: 56.7% — 701st lowest of 1,774 cities (tied)
> Median household income: $127,223 — 75th highest of 1,774 cities

Source: pikappa / iStock via Getty Images

7. Burlingame, California
> Median home value: $1,901,900
> Median monthly housing costs with a mortgage: $4,000+ — the highest of 1,774 cities (tied)
> Share of housing units with a mortgage: 70.2% — 662nd highest of 1,774 cities (tied)
> Homeownership rate: 48.1% — 333rd lowest of 1,774 cities (tied)
> Median household income: $128,447 — 72nd highest of 1,774 cities

Source: dszc / Getty Images

6. Beverly Hills, California
> Median home value: $2,000,000+
> Median monthly housing costs with a mortgage: $4,000+ — the highest of 1,774 cities (tied)
> Share of housing units with a mortgage: 65.8% — 744th lowest of 1,774 cities (tied)
> Homeownership rate: 41.5% — 160th lowest of 1,774 cities (tied)
> Median household income: $106,936 — 194th highest of 1,774 cities

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