The Most Expensive Housing Market in Your State

While some real estate forecasters predict another housing bubble burst that could cause drastic dips in property values reminiscent of 2005, the housing market has been steadily growing. According to the National Association of Realtors, the median existing-home price for all housing types in February was $241,700, up 5.9 percent from February 2017 — making this the 72nd straight month of year-over-year gains.

But how do these nationwide trends affect your state?

Earlier this month, 24/7 Wall Street released a list of the most expensive housing markets for all 50 states. While some of the “most expensive” areas are relatively affordable compared to the city’s median household income, others are far above what most Americans could afford.

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Some of the most expensive markets can be found in coastal states, including New York, Massachusetts, Virginia and California. Multiple cities in California — think San Diego and Los Angeles — top the most expensive metropolitans in the United States and far outpace real estate markets in even the most expensive areas of the majority of states. The median home prices in the most expensive markets in Arkansas, Nebraska and Oklahoma, for example, barely top $200,000.

San Francisco takes the top spot in the country with a median house price of $1.08 million. According to a Kiplinger analysis of the most expensive cities in the country — which says the median home price in San Francisco is $858,800 — the cost of living in the Bay Area is almost 93 percent above the average cost of living in the United States.

Click through to the next page to find out which county in your state made the list.

Alabama

Shelby County; median home price of $213,550

Indiana

Hamilton County; median home price of $259,934

Alaska

Sitka City and Borough; median home price of $375,056

Iowa

Dallas County; median home price of $225,413

Arizona

Maricopa County; median home price of $265,696

Kansas

Johnson County; median home price of $260,490

Arkansas

Benton County; median home price of $187,490

Kentucky

Oldham County; median home price of $289,783

California

San Francisco County; median home price of $1,087,599

Louisiana

Orleans Parish; median home price of $234,627

Colorado

Pitkin County; median home price of $748,919

Maine

Cumberland County; median home price of $286,624

Connecticut

Fairfield County; median home price of $429,548

Maryland

Montgomery County; median home price of $516,442

Delaware

New Castle County; median home price of $276,711

Massachusetts

Nantucket County; median home price of $977,237

Florida

Monroe County; median home price of $454,051

Michigan

Leelanau County; median home price of $281,979

Georgia

Forsyth County; median home price of $346,839

Minnesota

Carver County; median home price of $329,383

Hawaii

Honolulu County; median home price of $705,856

Mississippi

Madison County; median home price of $215,215

Idaho

Blaine County; median home price of $456,220

Missouri

Platte County; median home price of $222,358

Illinois

DuPage County; median home price of $316,749

Montana

Gallatin County; median home price of $319,440

Nebraska

Washington County; median home price of $206,862

Rhode Island

Newport County; median home price of $404,994

Nevada

Douglas County; median home price of $369,794

South Carolina

Charleston County; median home price of $330,409

New Hampshire

Rockingham County; median home price of $329,449

South Dakota

Custer County; median home price of $246,200

New Jersey

Bergen County; median home price of $484,775

Tennessee

Williamson County; median home price of $454,433

New Mexico

Santa Fe County; median home price of $312,757

Texas

Kendall County; median home price of $356,824

New York

New York County; median home price of $932,366

Utah

Summit County; median home price of $653,466

North Carolina

Orange County; median home price of $312,333

Vermont

Chittenden County; median home price of $297,508

North Dakota

Burleigh County; median home price of $251,682

Virginia

Falls Church City; median home price of $858,801

Ohio

Delaware County; median home price of $327,088

Washington

San Juan County; median home price of $565,568

Oklahoma

McClain County; median home price of $174,667

West Virginia

Jefferson County; median home price of $245,334

Oregon

Clackamas County; median home price of $413,249

Wisconsin

Waukesha County; median home price of $285,462

Pennsylvania

Chester County; median home price of $367,373

Wyoming

Teton County; median home price of $747,676