Average home sale price in the U.S. nears $1 million in higher-priced housing markets

Table showing most expensive housing markets in 2024
SmartAsset
  1. San Jose, CA
  • Average home sale price as of 4/30/2024: $1,502,362
  • Price increase over one year: 12.9%
  • Average home sale price as of 4/30/2023: $1,330,125
  • Price increase over five years: 41%
  • Average home sale price as of 4/30/2019: $1,065,478
  1. San Francisco, CA
  • Average home sale price as of 4/30/2024: $1,132,315
  • Price increase over one year: 10.8%
  • Average home sale price as of 4/30/2023: $1,022,054
  • Price increase over five years: 30.5%
  • Average home sale price as of 4/30/2019: $867,728
  1. Los Angeles, CA
  • Average home sale price as of 4/30/2024: $925,783
  • Price increase over one year: 10.6%
  • Average home sale price as of 4/30/2023: $836,884
  • Price increase over five years: 47.9%
  • Average home sale price as of 4/30/2019: $625,807
  1. San Diego, CA
  • Average home sale price as of 4/30/2024: $876,056
  • Price increase over one year: 9.4%
  • Average home sale price as of 4/30/2023: $800,970
  • Price increase over five years: 55.1%
  • Average home sale price as of 4/30/2019: $564,895
  1. Oxnard, CA
  • Average home sale price as of 4/30/2024: $844,806
  • Price increase over one year: 8.2%
  • Average home sale price as of 4/30/2023: $780,817
  • Price increase over five years: 43%
  • Average home sale price as of 4/30/2019: $590,774
  1. Honolulu, HI
  • Average home sale price as of 4/30/2024: $696,729
  • Price increase over one year: 6.6%
  • Average home sale price as of 4/30/2023: $653,767
  • Price increase over five years: 23.4%
  • Average home sale price as of 4/30/2019: $564,630
  1. Seattle, WA
  • Average home sale price as of 4/30/2024: $692,195
  • Price increase over one year: 10.5%
  • Average home sale price as of 4/30/2023: $626,562
  • Price increase over five years: 53%
  • Average home sale price as of 4/30/2019: $452,324
  1. Boston, MA
  • Average home sale price as of 4/30/2024: $648,108
  • Price increase over one year: 8.1%
  • Average home sale price as of 4/30/2023: $599,365
  • Price increase over five years: 47.9%
  • Average home sale price as of 4/30/2019: $438,282
  1. New York, NY
  • Average home sale price as of 4/30/2024: $579,117
  • Price increase over one year: 10.7%
  • Average home sale price as of 4/30/2023: $522,929
  • Price increase over five years: 49.2%
  • Average home sale price as of 4/30/2019: $388,273
  1. Denver, CO
  • Average home sale price as of 4/30/2024: $573,090
  • Price increase over one year: 3%
  • Average home sale price as of 4/30/2023: $556,343
  • Price increase over five years: 45.3%
  • Average home sale price as of 4/30/2019: $394,302

Top 10 Metro Areas With the Most Affordable Housing Markets

  1. Toledo, OH
  • Average home sale price as of 4/30/2024: $157,176
  • Price increase over one year: 16.4%
  • Average home sale price as of 4/30/2023: $135,009
  • Price increase over five years: 33.2%
  • Average home sale price as of 4/30/2019: $118,029
  1. Akron, OH
  • Average home sale price as of 4/30/2024: $176,757
  • Price increase over one year: 3.8%
  • Average home sale price as of 4/30/2023: $170,290
  • Price increase over five years: 26.6%
  • Average home sale price as of 4/30/2019: $139,667
  1. Scranton, PA
  • Average home sale price as of 4/30/2024: $180,387
  • Price increase over one year: 0.2%
  • Average home sale price as of 4/30/2023: $179,971
  • Price increase over five years: 49.7%
  • Average home sale price as of 4/30/2019: $120,539
  1. Dayton, OH
  • Average home sale price as of 4/30/2024: $186,913
  • Price increase over one year: 8.9%
  • Average home sale price as of 4/30/2023: $171,664
  • Price increase over five years: 46.9%
  • Average home sale price as of 4/30/2019: $127,199
  1. Cleveland, OH
  • Average home sale price as of 4/30/2024: $187,413
  • Price increase over one year: 5.7%
  • Average home sale price as of 4/30/2023: $177,352
  • Price increase over five years: 36.2%
  • Average home sale price as of 4/30/2019: $137,615
  1. McAllen, TX
  • Average home sale price as of 4/30/2024: $194,858
  • Price increase over one year: 1%
  • Average home sale price as of 4/30/2023: $192,890
  • Price increase over five years: 32.8%
  • Average home sale price as of 4/30/2019: $146,774
  1. Syracuse, NY
  • Average home sale price as of 4/30/2024: $202,329
  • Price increase over one year: 7.3%
  • Average home sale price as of 4/30/2023: $188,497
  • Price increase over five years: 45.2%
  • Average home sale price as of 4/30/2019: $139,370
  1. Pittsburgh, PA
  • Average home sale price as of 4/30/2024: $206,620
  • Price increase over one year: 8.3%
  • Average home sale price as of 4/30/2023: $190,855
  • Price increase over five years: 34.7%
  • Average home sale price as of 4/30/2019: $153,409
  1. Little Rock, AR
  • Average home sale price as of 4/30/2024: $213,760
  • Price increase over one year: 3.4%
  • Average home sale price as of 4/30/2023: $206,806
  • Price increase over five years: 43.1%
  • Average home sale price as of 4/30/2019: $149,363
  1. Rochester, NY
  • Average home sale price as of 4/30/2024: $216,291
  • Price increase over one year: 10.6%
  • Average home sale price as of 4/30/2023: $195,542
  • Price increase over five years: 52.9%
  • Average home sale price as of 4/30/2019: $141,458

Data and Methodology

This study examined home sale data for 100 of the largest metro areas in the U.S. to determine the most and least expensive housing markets. Data for April 2024, 2023 and 2019 comes from Zillow for single-family homes, condos and co-ops.

 

 

Top 10 Most Expensive Housing Markets
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Panoramic night view of urban sprawl in San Jose, Silicon Valley, California; Visible light trail left by cars driving on one of the freeways.
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