Special Report
Most Expensive Cities to Buy a Home
July 10, 2021 6:00 pm
Last Updated: December 16, 2021 4:37 pm
Source: Nicolas McComber / Getty Images
25. San Francisco, California
> Median home value: $1,097,800
> Median monthly housing costs with a mortgage: $3,647 — 42nd highest of 1,774 cities
> Share of housing units with a mortgage: 66.0% — 760th lowest of 1,774 cities (tied)
> Homeownership rate: 37.6% — 90th lowest of 1,774 cities (tied)
> Median household income: $112,449 — 139th highest of 1,774 cities
Source: SpVVK / Getty Images
24. San Mateo, California
> Median home value: $1,098,400
> Median monthly housing costs with a mortgage: $3,600 — 46th highest of 1,774 cities
> Share of housing units with a mortgage: 70.7% — 616th highest of 1,774 cities (tied)
> Homeownership rate: 54.4% — 585th lowest of 1,774 cities (tied)
> Median household income: $124,842 — 85th highest of 1,774 cities
24/7 Wall St.
Source: aimintang / iStock via Getty Images
23. Wellesley, Massachusetts
> Median home value: $1,149,100
> Median monthly housing costs with a mortgage: $4,000+ — the highest of 1,774 cities (tied)
> Share of housing units with a mortgage: 67.3% — 869th lowest of 1,774 cities (tied)
> Homeownership rate: 80.9% — 154th highest of 1,774 cities (tied)
> Median household income: $197,132 — 6th highest of 1,774 cities
Source: Tyler Blodgett / iStock via Getty Images
22. Westport, Connecticut
> Median home value: $1,150,400
> Median monthly housing costs with a mortgage: $4,000+ — the highest of 1,774 cities (tied)
> Share of housing units with a mortgage: 68.3% — 826th highest of 1,774 cities (tied)
> Homeownership rate: 85.2% — 72nd highest of 1,774 cities (tied)
> Median household income: $206,466 — 5th highest of 1,774 cities
Source: bluehill75 / Getty Images
21. Rancho Palos Verdes, California
> Median home value: $1,156,700
> Median monthly housing costs with a mortgage: $3,959 — 26th highest of 1,774 cities
> Share of housing units with a mortgage: 65.3% — 702nd lowest of 1,774 cities (tied)
> Homeownership rate: 78.0% — 212th highest of 1,774 cities (tied)
> Median household income: $138,557 — 49th highest of 1,774 cities
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Editors' Picks
