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: davidwoodberry / Getty Images
15. Montecito, 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: 49.5% — 1,572nd lowest of 8,488 towns (tied)
> Homeownership rate: 72.5% — 3,212th highest of 8,488 towns (tied)
> Median household income: $159,706 — 175th highest of 8,486 towns
Source: RussieseO / iStock via Getty Images
14. San Marino, 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: 63.8% — 3,692nd highest of 8,488 towns (tied)
> Homeownership rate: 86.1% — 1,054th highest of 8,488 towns (tied)
> Median household income: $166,607 — 148th highest of 8,486 towns
Source: By Atomic Taco from Seattle, WA, USA - Medina, Downtown Bellevue, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=76083725 / Wikimedia Commons
13. Medina, Washington
> 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: 59.4% — 3,635th lowest of 8,488 towns (tied)
> Homeownership rate: 86.4% — 1,019th highest of 8,488 towns (tied)
> Median household income: $212,337 — 53rd highest of 8,486 towns
Source: Jennifer_Sharp / iStock via Getty Images
12. West Menlo Park, 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: 75.9% — 882nd highest of 8,488 towns (tied)
> Homeownership rate: 78.5% — 2,135th highest of 8,488 towns (tied)
> Median household income: $214,167 — 48th highest of 8,486 towns
11. Portola Valley, 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: 60.2% — 3,811th lowest of 8,488 towns (tied)
> Homeownership rate: 77.4% — 2,329th highest of 8,488 towns (tied)
> Median household income: $224,554 — 36th highest of 8,486 towns
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