Special Report

The Most Expensive Town to Buy a Home in Every State

Alabama: Mountain Brook
> Median home value: $628,800 (Alabama: $142,700)
> Median monthly housing costs with a mortgage: $2,848 (Alabama: $1,186)
> Share of housing units with a mortgage: 61.5% (Alabama: 56.2%)
> Homeownership rate: 86.0% (Alabama: 68.8%)
> Median household income: $152,355 (Alabama: $50,536)

Source: Vipersniper / iStock via Getty Images

Alaska: Unalaska
> Median home value: $368,000 (Alaska: $270,400)
> Median monthly housing costs with a mortgage: $2,488 (Alaska: $1,933)
> Share of housing units with a mortgage: 72.2% (Alaska: 62.9%)
> Homeownership rate: 22.4% (Alaska: 64.3%)
> Median household income: $94,750 (Alaska: $77,640)

Source: Focqus, LLC / iStock via Getty Images

Arizona: Paradise Valley
> Median home value: $1,516,200 (Arizona: $225,500)
> Median monthly housing costs with a mortgage: $4,000+ (Arizona: $1,434)
> Share of housing units with a mortgage: 55.9% (Arizona: 63.8%)
> Homeownership rate: 93.1% (Arizona: 64.4%)
> Median household income: $211,393 (Arizona: $58,945)

Source: Kathy Byrd / iStock via Getty Images

Arkansas: Lake Hamilton
> Median home value: $390,900 (Arkansas: $127,800)
> Median monthly housing costs with a mortgage: $1,919 (Arkansas: $1,089)
> Share of housing units with a mortgage: 59.3% (Arkansas: 54.5%)
> Homeownership rate: 61.9% (Arkansas: 65.6%)
> Median household income: $54,000 (Arkansas: $47,597)

Source: LPS.1 / Wikipedia

California: Monte Sereno
> Median home value: $2,000,000+ (California: $505,000)
> Median monthly housing costs with a mortgage: $4,000+ (California: $2,357)
> Share of housing units with a mortgage: 71.8% (California: 70.3%)
> Homeownership rate: 93.5% (California: 54.8%)
> Median household income: $250,000+ (California: $75,235)

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