Special Report
Most Expensive Cities to Buy a Home
July 10, 2021 6:00 pm
Last Updated: December 16, 2021 4:37 pm
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20. Mercer Island, Washington
> Median home value: $1,218,200
> Median monthly housing costs with a mortgage: $4,000+ — the highest of 1,774 cities (tied)
> Share of housing units with a mortgage: 65.7% — 736th lowest of 1,774 cities (tied)
> Homeownership rate: 68.7% — 531st highest of 1,774 cities (tied)
> Median household income: $147,566 — 40th highest of 1,774 cities
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19. Sunnyvale, California
> Median home value: $1,223,600
> Median monthly housing costs with a mortgage: $3,499 — 53rd highest of 1,774 cities
> Share of housing units with a mortgage: 63.4% — 555th lowest of 1,774 cities (tied)
> Homeownership rate: 45.4% — 255th lowest of 1,774 cities (tied)
> Median household income: $140,631 — 46th highest of 1,774 cities
24/7 Wall St.
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18. Foster City, California
> Median home value: $1,245,800
> Median monthly housing costs with a mortgage: $3,638 — 43rd highest of 1,774 cities
> Share of housing units with a mortgage: 73.4% — 398th highest of 1,774 cities (tied)
> Homeownership rate: 57.1% — 726th lowest of 1,774 cities (tied)
> Median household income: $158,529 — 27th highest of 1,774 cities
Source: Sundry Photography / iStock via Getty Images
17. Redwood City, California
> Median home value: $1,251,000
> Median monthly housing costs with a mortgage: $3,802 — 34th highest of 1,774 cities
> Share of housing units with a mortgage: 72.7% — 450th highest of 1,774 cities (tied)
> Homeownership rate: 49.8% — 384th lowest of 1,774 cities (tied)
> Median household income: $117,123 — 117th highest of 1,774 cities
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16. University Park, Texas
> Median home value: $1,295,500
> Median monthly housing costs with a mortgage: $4,000+ — the highest of 1,774 cities (tied)
> Share of housing units with a mortgage: 65.0% — 675th lowest of 1,774 cities (tied)
> Homeownership rate: 82.2% — 126th highest of 1,774 cities (tied)
> Median household income: $224,485 — 3rd highest of 1,774 cities
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