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Housing Market: 3 Most Expensive Cities To Buy a Home in Every State



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In today’s real estate market, you hear a lot about the high price of homes. But do you know which cities in your state (and others) have the most expensive homes?
To find out the most expensive home listings in every U.S. state, GOBankingRates used the Top-Tier Time Series from the Zillow Home Value Index Research Data, which tracks homes for sale within the 65th-95th percentile, showing the average cost of a top-tier house. GOBankingRates also included data for the average home value for all homes within each city, as listed in the Single-Family Home Zillow Home Value Index.
Here are the three most expensive cities to buy a home in every state.
Alabama
Average Home Value
- Mountain Brook: $928,170.57
- Orange Beach: $591,610.92
- Equality: $739,375.51
Average Top-Tier Home Value
- Mountain Brook: $1,519,205.70
- Orange Beach: $1,059,725.51
- Equality: $1,049,681.27
Alaska
Average Home Value
- Sitka: $504,077.65
- Cooper Landing: $444,935.88
- Juneau: $497,513.71
Average Top-Tier Home Value
- Sitka: $671,890.19
- Cooper Landing: $624,234.31
- Juneau: $605,410.57
Arizona
Average Home Value
- Paradise Valley: $3,256,380.39
- Carefree: $1,288,212.79
- Scottsdale: $931,392.79
Average Top-Tier Home Value
- Paradise Valley: $5,082,344.11
- Carefree: $1,851,129.67
- Scottsdale: $1,515,166.06
Arkansas
Average Home Value
- Goshen: $661,397.53
- Garfield: $390,820.99
- Cave Springs: $496,340.98
Average Top-Tier Home Value
- Goshen: $902,314.53
- Garfield: $746,890.55
- Cave Springs: $727,607.24
California
Average Home Value
- Atherton: $7,728,132.86
- Beverly Hills: $5,651,347.99
- Montecito: $5,336,871.91
Average Top-Tier Home Value
- Atherton: $12,929,294.18
- Beverly Hills: $9,122,670.77
- Montecito: $8,765,358.46
Colorado
Average Home Value
- Aspen: $8,636,850.75
- Mountain Village: $5,418,932.00
- Snowmass Village: $4,649,505.45
Average Top-Tier Home Value
- Aspen: $11,747,765.74
- Mountain Village: $5,682,736.15
- Snowmass Village: $5,092,305.67
Connecticut
Average Home Value
- Greenwich: $2,256,611.64
- Darien: $1,919,903.19
- Westport: $1,753,178.89
Average Top-Tier Home Value
- Greenwich: $3,896,718.88
- Darien: $3,052,454.59
- Westport: $2,802,290.86
Delaware
Average Home Value
- South Bethany: $1,189,147.03
- Bethany Beach: $1,056,768.18
- Dewey Beach: $1,242,747.53
Average Top-Tier Home Value
- South Bethany: $1,676,664.91
- Bethany Beach: $1,660,137.87
- Dewey Beach: $1,638,911.92
District of Columbia
Average Home Value
- Washington D.C.: $720,316.16
Average Top-Tier Home Value
- Washington D.C.: $1,109,196.81
Florida
Average Home Value
- Jupiter Island: $9,626,494.41
- Manalapan: $6,862,431.53
- Golden Beach: $6,850,197.80
Average Top-Tier Home Value
- Jupiter Island: $17,033,144.44
- Manalapan: $15,977,968.11
- Golden Beach: $12,981,828.82
Georgia
Average Home Value
- Sea Island: $4,548,532.47
- Greensboro: $697,693.33
- Lakemont: $520,971.37
Average Top-Tier Home Value
- Sea Island: $6,464,248.22
- Greensboro: $1,551,588.22
- Lakemont: $1,438,163.63
Hawaii
Average Home Value
- Hanalei: $3,935,139.88
- Puako: $1,938,724.06
- Kilauea: $1,537,078.81
Average Top-Tier Home Value
- Hanalei: $9,146,097.58
- Puako: $3,582,456.72
- Kilauea: $3,478,462.59
Idaho
Average Home Value
- Sun Valley: $2,868,988.21
- Ketchum: $2,041,741.29
- Hayden Lake: $992,598.55
Average Top-Tier Home Value
- Sun Valley: $3,118,711.35
- Ketchum: $3,098,004.37
- Hayden Lake: $2,004,658.09
Illinois
Average Home Value
- Kenilworth: $1,653,187.59
- Winnetka: $1,523,366.13
- Glencoe: $1,267,669.55
Average Top-Tier Home Value
- Kenilworth: $2,672,790.24
- Winnetka: $2,376,378.37
- Glencoe: $1,988,268.32
Indiana
Average Home Value
- Dune Acres: $876,213.87
- Clear Lake: $870,349.85
- Long Beach: $718,689.34
Average Top-Tier Home Value
- Dune Acres: $1,326,086.69
- Clear Lake: $1,301,319.65
- Long Beach: $1,239,594.30
Iowa
Average Home Value
- West Okoboji: $980,527.57
- Okoboji: $1,101,926.19
- Wahpeton: $674,756.23
Average Top-Tier Home Value
- West Okoboji: $2,173,865.62
- Okoboji: $1,756,174.79
- Wahpeton: $1,706,346.03
Kansas
Average Home Value
- Mission Hills: $1,386,437.61
- Lake Quivira: $822,789.43
- Mission Woods: $785,213.84
Average Top-Tier Home Value
- Mission Hills: $2,271,445.26
- Lake Quivira: $1,117,748.81
- Mission Woods: $1,095,229.79
Kentucky
Average Home Value
- Prospect: $622,048.95
- Goshen: $443,611.11
- Simpsonville: $380,104.47
Average Top-Tier Home Value
- Prospect: $851,864.95
- Goshen: $726,018,23
- Simpsonville: $680,555.89
Louisiana
Average Home Value
- Elmwood: $378,783.69
- Mandeville: $364,282.15
- Madisonville: $370,989.69
Average Top-Tier Home Value
- Elmwood: $742,805.52
- Mandeville: $537,820.73
- Madisonville: $520,107.18
Maine
Average Home Value
- Mount Desert: $883,761.04
- Kennebunkport: $1,129,483.84
- Ogunquit: $1,059,105.29
Average Top-Tier Home Value
- Mount Desert: $2,229,781.33
- Kennebunkport: $2,129,530.60
- Ogunquit: $1,486,520.41
Maryland
Average Home Value
- Gibson Island: $2,807,617.56
- Royal Oak: $1,092,857.97
- Chevy Chase: $1,500,390.00
Average Top-Tier Home Value
- Gibson Island: $4,001,228.45
- Royal Oak: $2,378,607.90
- Chevy Chase: $2,038,155.29
Massachusetts
Average Home Value
- Nantucket: $2,847,948.90
- Chilmark: $2,525,869.85
- Edgartown: $1,845,238.30
Average Top-Tier Home Value
- Nantucket: $4,937,459.63
- Chilmark: $4,861.174.75
- Edgartown: $4,004,492.31
Michigan
Average Home Value
- Orchard Lake: $889,998.03
- Lake Angelus: $1,565,713.79
- Leland: $1,041,372.41
Average Top-Tier Home Value
- Orchard Lake: $2,354,953.81
- Lake Angelus: $2,263,671.59
- Leland: $2,079,638.44
Minnesota
Average Home Value
- Woodland: $1,593,474.65
- Minnetonka Beach: $1,948,200.16
- Greenwood: $1,519,197.01
Average Top-Tier Home Value
- Woodland: $4,119.034.92
- Minnetonka Beach: $4,027.230.62
- Greenwood: $2,854,204.44
Mississippi
Average Home Value
- Madison: $390,194.52
- Flora: $259,548.88
- Flowood: $320,861.13
Average Top-Tier Home Value
- Madison: $589,067.14
- Flora: $579,481.29
- Flowood: $549,900.04
Missouri
Average Home Value
- Huntleigh: $2,018,184.72
- Ladue: $1,117,444.85
- Frontenac: $1,063,575.94
Average Top-Tier Home Value
- Huntleigh: $3,739,492.07
- Ladue: $1,954,206.16
- Frontenac: $1,779,551.66
Montana
Average Home Value
- Big Sky: $2,964,045.69
- Cameron: $808,806.88
- Gallatin Gateway: $1,212,433.66
Average Top-Tier Home Value
- Big Sky: $4,246,322.07
- Cameron: $3,424,887.96
- Gallatin Gateway: $2,442,112.95
Nebraska
Average Home Value
- Walton: $651,191.64
- Waterloo: $432,244.27
- Valley: $410,608.81
Average Top-Tier Home Value
- Walton: $1,104,100.87
- Waterloo: $1,088,815.83
- Valley: $894,391.51
Nevada
Average Home Value
- Glenbrook: $2,786,529.91
- Incline Village: $1,711,405.91
- Zephyr Cove: $1,189,104.41
Average Top-Tier Home Value
- Glenbrook: $5,686,658.41
- Incline Village: $2,897,025.29
- Zephyr Cove: $1,984,995.95
New Hampshire
Average Home Value
- New Castle: $2,033,031.70
- Rye: $1,233,763.72
- Moultonborough: $1,791,337.98
Average Top-Tier Home Value
- New Castle: $3,104,551.82
- Rye: $2,010,701.35
- Moultonborough: $1,791,337.98
New Jersey
Average Home Value
- Deal: $3,602,146.67
- Alpine: $2,800,919.02
- Avalon: $3,152,954.05
Average Top-Tier Home Value
- Deal: $6,723,954.29
- Alpine: $4,681,296.32
- Avalon: $4,376,516.84
New Mexico
Average Home Value
- Lamy: $826,108.48
- Los Ranchos de Albuquerque: $622,678.88
- Santa Fe: $591,695.35
Average Top-Tier Home Value
- Lamy: $1,162,786.85
- Los Ranchos de Albuquerque: $1,099,027.86
- Santa Fe: $1,024,505.13
New York
Average Home Value
- Sagaponack: $5,808,680.26
- Bridgehampton: $3,869,147.88
- Water Mill: $4,081,479.27
Average Top-Tier Home Value
- Sagaponack: $11,549,576.47
- Bridgehampton: $8,338,009.79
- Water Mill: $7,711,320.21
North Carolina
Average Home Value
- Wrightsville Beach: $2,069,128.01
- Cashiers: $1,167,421.91
- Biltmore Forest: $1,538,081.65
Average Top-Tier Home Value
- Wrightsville Beach: $2,729,548.16
- Cashiers: $2,550,090.70
- Biltmore Forest: $2,383,917.75
North Dakota
Average Home Value
- Baldwin: $509,137.26
- Reiles Acres: $534,406.21
- Horace: $397,578.95
Average Top-Tier Home Value
- Baldwin: $682,798.13
- Reiles Acres: $661,270.64
- Horace: $602,251.03
Ohio
Average Home Value
- Hunting Valley: $1,454,381.66
- The Village of Indian Hill: $1,425,982.67
- Bentleyville: $749,422.06
Average Top-Tier Home Value
- Hunting Valley: $2,355,640.16
- The Village of Indian Hill: $2,166,073.51
- Bentleyville: $1,128,434.17
Oklahoma
Average Home Value
- Nichols Hills: $920,958.82
- Cleora: $358,323.68
- Broken Bow: $298,571.62
Average Top-Tier Home Value
- Nichols Hills: $1,632,736.89
- Cleora: $771,545.21
- Broken Bow: $750,233.87
Oregon
Average Home Value
- Arch Cape: $984,502.71
- Cannon Beach: $985,604.47
- Powell Butte: $980,008.20
Average Top-Tier Home Value
- Arch Cape: $1,704,089.45
- Cannon Beach: $1,553,810.54
- Powell Butte: $1,471,698.95
Pennsylvania
Average Home Value
- Gladwyne: $1,372,667.58
- Villanova: $1,306,644.96
- Edgeworth: $848,430.03
Average Top-Tier Home Value
- Gladwyne: $2,306,373.74
- Villanova: $2,088,206.71
- Edgeworth: $1,475,554.12
Rhode Island
Average Home Value
- New Shoreham: $1,734,259.10
- Jamestown: $1,012,906.31
- Little Compton: $895,466.43
Average Top-Tier Home Value
- New Shoreham: $2,502,461.76
- Jamestown: $1,997,051.17
- Little Compton: $1,866,359.10
South Carolina
Average Home Value
- Sullivans Island: $3,774,123.31
- Kiawah Island: $2,322,314.53
- Sheldon: $2,364,055.57
Average Top-Tier Home Value
- Sullivans Island: $5,794,959.58
- Kiawah Island: $3,835,057.16
- Sheldon: $3,156,280.84
South Dakota
Average Home Value
- Keystone: $584,290.46
- Wentworth: $461,320.52
- South Shore: $514,134.79
Average Top-Tier Home Value
- Keystone: $856,349.68
- Wentworth: $779,048.35
- South Shore: $768,279.91
Tennessee
Average Home Value
- College Grove: $1,104,666.91
- Brentwood: $1,257,682.60
- Arrington: $1,170,856.63
Average Top-Tier Home Value
- College Grove: $2,266,976.94
- Brentwood: $1,933,783.24
- Arrington: $1,602,550.65
Texas
Average Home Value
- Highland Park: $2,755,260.02
- Rollingwood: $2,607,819.46
- Westlake: $1,532,722.21
Average Top-Tier Home Value
- Highland Park: $4,920,549.54
- Rollingwood: $3,826,155.42
- Westlake: $3,515,422.39
Utah
Average Home Value
- Park City: $1,888,829.30
- Kamas: $1,192.855.21
- Alta: $1,207,059.29
Average Top-Tier Home Value
- Park City: $3,295,313.76
- Kamas: $2,683,552.76
- Alta: $2,405,868.60
Vermont
Average Home Value
- Stowe: $1,060,128.98
- Stratton: $657,579.76
- Landgrove: $877,112.19
Average Top-Tier Home Value
- Stowe: $1,609,886.58
- Stratton: $1,356,614.68
- Landgrove: $1,350,846.33
Virginia
Average Home Value
- Upperville: $1,210,740.29
- The Plains: $904,010.45
- Great Falls: $1,462,278.65
Average Top-Tier Home Value
- Upperville: $2,945,307.08
- The Plains: $2,232,677.54
- Great Falls: $2,095,417.53
Washington
Average Home Value
- Hunts Point: $7,503,567.19
- Medina: $4,308,929.59
- Yarrow Point: $4,162,771.27
Average Top-Tier Home Value
- Hunts Point: $15,112,910.24
- Medina: $8,241.644.86
- Yarrow Point: $7,725,188.78
West Virginia
Average Home Value
- Shepherdstown: $439,955.90
- Summit Point: $406,541.66
- Shenandoah Junction: $393,307.13
Average Top-Tier Home Value
- Shepherdstown: $606,606.27
- Summit Point: $546,484.87
- Shenandoah Junction: $533,105.32
Wisconsin
Average Home Value
- Oconomowoc Lake: $1,731,666.84
- Linn: $638,756.78
- Maple Bluff: $856,748.68
Average Top-Tier Home Value
- Oconomowoc Lake: $3,547,554.27
- Linn: $2,050,437.21
- Maple Bluff: $1,805,531.66
Wyoming
Average Home Value
- Wilson: $4,147,304.30
- Jackson: $2,353,793.52
- Alta: $1,689.149.74
Average Top-Tier Home Value
- Wilson: $7,098,606.62
- Jackson: $4,574,419.97
- Alta: $3,001,241.47
Methodology: In order to find the most expensive home listing in every state, GOBankingRates used the Top-Tier Time Series from the Zillow Home Value Index Research Data which tracks home for sale within the 65th to 95th percentile, showing the average cost of a premium quality house. Using the data, GOBankingRates was able to analyze each state to find the top 3 most expensive cities to buy a premium home. Once the cities were recorded the average home value for all homes within the city was also found using the Single-Family Home Zillow Home Value Index and included for supplemental information. All data was collected and is up-to-date as-of December 1st, 2023.
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