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Given the runup in U.S. housing prices over the last several years, the 2021 American Community Survey results of median home value are probably a better reflection of the good old days than the current market. Yet the data is still valuable for looking at broader patterns. For example, a Social Explorer analysis of 2021 American Community Survey data finds 12 of the 20 most expensive markets – including the top three — were located in California.
The California metros of San Jose ($1.24 million), San Francisco ($1.04 million), and Santa Cruz ($922,300) were even more expensive than Honolulu ($781,600). The Hawaiian capital was followed by Napa, Calif. ($749,700); Los Angeles ($748,700); and Kahului, Hawaii ($744,400). Heber Utah, was the only place outside of California or Hawaii to crack the top 10, with a median home value of $724,200.
Use Social Explorer’s award-winning, intuitive report and mapping tools to see how your area’s median home value compares with the super-heated markets in California and Hawaii.
Median Home Value, 2021. Click here to explore further.
If you are interested in discovering the full data mapping and reporting capabilities of Social Explorer, feel free to request a quick demo or sign up for a free trial today.
