HomePERSONAL10 most and least expensive U.S. cities to buy a home

10 most and least expensive U.S. cities to buy a home

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With continued high prices, homebuying seems impossible to many Americans. A study from TradingPedia based on an analysis of U.S. Census Bureau data ranked the 10 most and least expensive U.S. cities to buy a home as of November 30, 2024.

San Jose, California, is the most expensive city to purchase a home, with a median home sale price of $1,528,500. Detroit, Michigan, is the least expensive city to purchase a home, with a median home sale price of $192,000. 

Read more about the most and least expensive U.S. cities to buy a home. *Data is from November, 2024, and predates the January wildfires that struck Los Angeles.

Most expensive cities to buy a home

Rank Metro areas Median home sale price
10 Newark, New Jersey $590,061
9 Nassau County, New York $695,000
8 Boston, Massachusetts $710,000
7 New York, New York $735,000
6 Seattle, Washington $814,757
5 San Diego, California $890,000
4 Los Angeles, California $900,000
3 Oakland, California $957,000
2 Anaheim, California $1,180,000
1 San Jose, California $1,528,500

Least expensive cities to buy a home

Rank Metro areas Median home sale price
10 Birmingham, Alabama $293,500
9 Cincinnati, Ohio $288,000
8 Philadelphia, Pennsylvania $280,000
7 Memphis, Tennessee $271,000
6 Louisville, Kentucky $270,000
5 St. Louis, Missouri $262,750
4 Oklahoma City, Oklahoma $260,000
3 Pittsburgh, Pennsylvania $228,000
2 Cleveland, Ohio $220,000
1 Detroit, Michigan $192,000
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