50 Cities Where Housing Costs Are 50% Higher Than The National Average
The recommended 30% of income for housing may be heading up as the cost of housing in America continues to rise. Without appropriate rising wages to match, finding more affordable housing options continues to be difficult for many.
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The national average for median housing cost in America is $420,800, but this is not the case in many US cities.
GOBankingRates reviewed the average home value of 50 cities where the housing costs were more than 50% higher than the national average.
Irvine, CA
April 2024 Home Value Data: $1,176,435
(%) above the National Average: 392.44%
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Fremont, CA
April 2024 Home Value Data: $1,601,180
(%) above the National Average: 370.66%
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San Jose, CA
April 2024 Home Value Data: $1,581,617
(%) above the National Average: 340.17%
San Francisco, CA
April 2024 Home Value Data: $1,437,512
(%) above the National Average: 300.06%
Huntington Beach, CA
April 2024 Home Value Data: $1,392,934
(%) above the National Average: 287.66%
Glendale, CA
April 2024 Home Value Data: $1,368,932
(%) above the National Average: 280.98%
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Honolulu, HI
April 2024 Home Value Data: $1,321,488
(%) above the National Average: 267.77%
San Diego, CA
April 2024 Home Value Data: $1,163681
(%) above the National Average:223.86%
Los Angeles, CA
April 2024 Home Value Data: $1,043,216
(%) above the National Average:190.33%
Arlington, VA
April 2024 Home Value Data: $1,021,111
(%) above the National Average:184.18%
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Seattle, WA
April 2024 Home Value Data: $974,599
(%) above the National Average:171.23%
Scottsdale, AZ
April 2024 Home Value Data: $963,390
(%) above the National Average:168.11%
Anaheim, CA
April 2024 Home Value Data: $943,790
(%) above the National Average: 162.66%
Hayward, CA
April 2024 Home Value Data: $935,848,
(%) above the National Average: 160.45
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Long Beach, CA
April 2024 Home Value Data: $916,271
(%) above the National Average:155.00%
Oceanside, CA
April 2024 Home Value Data: $910,273
(%) above the National Average:153.33%
Chula Vista, CA
April 2024 Home Value Data: $907,816
(%) above the National Average:152.65%
Oakland, CA
April 2024 Home Value Data: $890,225
(%) above the National Average:147.75%
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Santa Ana, CA
April 2024 Home Value Data: $864,018
(%) above the National Average:140.46%
Santa Clarita
April 2024 Home Value Data: $856,239
(%) above the National Average:138.29%
Boston, MA
April 2024 Home Value Data: $803,072
(%) above the National Average:123.50%
Corona, CA
April 2024 Home Value Data: $778,915
(%) above the National Average: 116.77%
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New York, NY
April 2024 Home Value Data: $777,820
(%) above the National Average:116.47%
Santa Rosa, CA
April 2024 Home Value Data: $765,030
(%) above the National Average:112.91%
Oxnard, CA
April 2024 Home Value Data: $758,363
(%) above the National Average: 111.05%
Boca Raton, FL
April 2024 Home Value Data: $740,114
(%) above the National Average:105.98%
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Salinas, CA
April 2024 Home Value Data: $738,040
(%) above the National Average:105.40%
Naples, FL
April 2024 Home Value Data: $737,197
(%) above the National Average:105.16%
Washington, DC
April 2024 Home Value Data: $733,917
(%) above the National Average:104.25%
Alexandria, VA
April 2024 Home Value Data: $730,751
(%) above the National Average:103.37%
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Frisco, TX
April 2024 Home Value Data: $695,129
(%) above the National Average: 93.46
Yonkers, NY
April 2024 Home Value Data: $672,646
(%) above the National Average:87.20%
Riverside, CA
April 2024 Home Value Data: $645,595
(%) above the National Average:79.67%
Miami, FL
April 2024 Home Value Data: $635,356
(%) above the National Average: 76.82%
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Fontana, CA
April 2024 Home Value Data: $631,942
(%) above the National Average:75.87%
Denver, CO
April 2024 Home Value Data: $625,555
(%) above the National Average:74.09%
Jersey City, NJ
April 2024 Home Value Data: $619,220
(%) above the National Average:72.33%
Fort Collins, CO
April 2024 Home Value Data: $598,884
(%) above the National Average:66.67%
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Salt Lake City, UT
April 2024 Home Value Data: $597,040
(%) above the National Average: 66,16%
Gilbert, AZ
April 2024 Home Value Data: $587,876
(%) above the National Average:63.61%
Silver Spring, MD
April 2024 Home Value Data: $584,596
(%) above the National Average:62.70%
Austin, TX
April 2024 Home Value Data: $578,348
(%) above the National Average:60.96%
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Charleston, SC
April 2024 Home Value Data: $576,269
(%) above the National Average: 60.38%
Beaverton, OR
April 2024 Home Value Data: $571,003
(%) above the National Average: 58.91%
Portland, OR
April 2024 Home Value Data: $566,065
(%) above the National Average: 57.54%
Reno, NV
April 2024 Home Value Data: $563,140
(%) above the National Average:56.72%
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Hialeah, FL
April 2024 Home Value Data: $553,013
(%) above the National Average:53.91%
Moreno Valley, CA
April 2024 Home Value Data: $546,466
(%) above the National Average:52.08%
Chandler, AZ
April 2024 Home Value Data: $542,225
(%) above the National Average:50.90%
Plano, TX
April 2024 Home Value Data: $540,471
(%) above the National Average:50.41%
Methodology: For this Piece, GobankingRates used Zillow’s April 2024 data to find the 50 largest cities where housing was 50% or greater than the national average of $359,320. All data was collected and is up-to-date as of June 4, 2024.
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This article originally appeared on GOBankingRates.com: 50 Cities Where Housing Costs Are 50% Higher Than The National Average