Which US cities have the highest average home price?

A record number of US cities have an average home price of more than $1 million. California had the highest concentration of million-dollar-plus areas, Zillow found in a new report. Experts say housing affordability could improve slightly as more supply makes its way to the market.

Which states have the most million-dollar homes?

California had the highest concentration of million-dollar cities, with 210 where the average home value exceeded $1 million. New York had 66, and New Jersey — which saw the highest increase — had 49, the report found.

Which state is the most affordable to buy a house?

1. West Virginia. With a Zillow Home Value Index of $146,578, West Virginia is the most affordable state to buy a house in the US. Despite its low home prices, the state boasts natural beauty and outdoor recreation opportunities, making it an attractive option for homebuyers on a budget.

How much is a home worth in a US city?

You can opt-out at any time. A record number of US cities have an average home value of more than $1 million — a sign that the housing market is becoming increasingly out-of-reach for some Americans as prices continue to soar. The US has 550 cities where the typical home value is north of seven figures, according to a recent Zillow report.

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