Special Report
Most Expensive Towns to Buy a Home in the Nation
September 2, 2021 2:00 pm
Last Updated: September 3, 2021 8:39 am
Source: Art Wager / E+ via Getty Images
20. Del Mar, California
> Median home value: $2,000,000+
> Median monthly housing costs with a mortgage: $4000+ — 1st highest of 8,484 towns (tied)
> Share of housing units with a mortgage: 50.2% — 1,675th lowest of 8,488 towns (tied)
> Homeownership rate: 52.9% — 1,351st lowest of 8,488 towns (tied)
> Median household income: $129,063 — 422nd highest of 8,486 towns
Source: Thomas De Wever / iStock via Getty Images
19. Rancho Santa Fe, California
> Median home value: $2,000,000+
> Median monthly housing costs with a mortgage: $4000+ — 1st highest of 8,484 towns (tied)
> Share of housing units with a mortgage: 66.8% — 2,881st highest of 8,488 towns (tied)
> Homeownership rate: 79.8% — 1,942nd highest of 8,488 towns (tied)
> Median household income: $137,083 — 320th highest of 8,486 towns
24/7 Wall St.
Source: By LINYperson615 - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=106687466
18. Kings Point, New York
> Median home value: $2,000,000+
> Median monthly housing costs with a mortgage: $4000+ — 1st highest of 8,484 towns (tied)
> Share of housing units with a mortgage: 53.5% — 2,283rd lowest of 8,488 towns (tied)
> Homeownership rate: 98.3% — 28th highest of 8,488 towns (tied)
> Median household income: $145,476 — 266th highest of 8,486 towns
Source: bennymarty / iStock via Getty Images
17. Malibu, California
> Median home value: $2,000,000+
> Median monthly housing costs with a mortgage: $4000+ — 1st highest of 8,484 towns (tied)
> Share of housing units with a mortgage: 66.5% — 2,953rd highest of 8,488 towns (tied)
> Homeownership rate: 77.6% — 2,302nd highest of 8,488 towns (tied)
> Median household income: $150,747 — 227th highest of 8,486 towns
16. Tiburon, California
> Median home value: $2,000,000+
> Median monthly housing costs with a mortgage: $4000+ — 1st highest of 8,484 towns (tied)
> Share of housing units with a mortgage: 73.2% — 1,313th highest of 8,488 towns (tied)
> Homeownership rate: 67.1% — 4,182nd lowest of 8,488 towns (tied)
> Median household income: $154,915 — 200th highest of 8,486 towns
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.
Editors' Picks
