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.
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