Special Report

The Most Expensive Town to Buy a Home in Every State

Source: Bojan Bokic / iStock via Getty Images

Massachusetts: Nantucket
> Median home value: $1,001,700 (Massachusetts: $381,600)
> Median monthly housing costs with a mortgage: $3,572 (Massachusetts: $2,225)
> Share of housing units with a mortgage: 71.0% (Massachusetts: 69.2%)
> Homeownership rate: 67.8% (Massachusetts: 62.4%)
> Median household income: $110,473 (Massachusetts: $81,215)

Source: RiverNorthPhotography / iStock via Getty Images

Michigan: Bloomfield Hills
> Median home value: $860,800 (Michigan: $154,900)
> Median monthly housing costs with a mortgage: $3,855 (Michigan: $1,298)
> Share of housing units with a mortgage: 55.8% (Michigan: 60.1%)
> Homeownership rate: 91.8% (Michigan: 71.2%)
> Median household income: $178,894 (Michigan: $57,144)

Minnesota: Orono
> Median home value: $680,100 (Minnesota: $223,900)
> Median monthly housing costs with a mortgage: $3,043 (Minnesota: $1,580)
> Share of housing units with a mortgage: 74.1% (Minnesota: 66.3%)
> Homeownership rate: 92.3% (Minnesota: 71.6%)
> Median household income: $159,028 (Minnesota: $71,306)

Source: Thomas R Machnitzki / Wikimedia Commons

Mississippi: Hernando
> Median home value: $197,100 (Mississippi: $119,000)
> Median monthly housing costs with a mortgage: $1,390 (Mississippi: $1,147)
> Share of housing units with a mortgage: 75.6% (Mississippi: 49.4%)
> Homeownership rate: 82.5% (Mississippi: 68.2%)
> Median household income: $79,195 (Mississippi: $45,081)

Source: Courtesy of the City of Ladue, Missouri

Missouri: Ladue
> Median home value: $831,800 (Missouri: $157,200)
> Median monthly housing costs with a mortgage: $3,787 (Missouri: $1,277)
> Share of housing units with a mortgage: 64.9% (Missouri: 61.5%)
> Homeownership rate: 98.8% (Missouri: 66.8%)
> Median household income: $214,875 (Missouri: $55,461)

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