Average Home Price by City: Top 100 US Metro Areas (2026)
By Wealthvieu
·
Updated
Home prices vary enormously across America — by 5x or more between the cheapest and most expensive markets. Here’s every major metro.
Table of Contents
National Overview
| Metric |
Value |
| Median existing home price |
$420,000 |
| Median new construction price |
$450,000 |
| Median household income |
$75,149 |
| National price-to-income ratio |
5.6x |
| Year-over-year price change |
+3.5% |
| Months of inventory |
3.5 months |
| Homeownership rate |
65.6% |
Most Expensive Metro Areas
| Rank |
Metro Area |
Median Home Price |
YoY Change |
Price-to-Income Ratio |
| 1 |
San Jose, CA |
$1,550,000 |
+5.2% |
10.1x |
| 2 |
San Francisco, CA |
$1,350,000 |
+3.8% |
9.8x |
| 3 |
Honolulu, HI |
$1,050,000 |
+2.5% |
12.4x |
| 4 |
San Diego, CA |
$950,000 |
+6.1% |
10.5x |
| 5 |
Los Angeles, CA |
$920,000 |
+4.5% |
11.3x |
| 6 |
Seattle, WA |
$820,000 |
+4.2% |
8.1x |
| 7 |
Orange County, CA |
$1,100,000 |
+5.0% |
10.8x |
| 8 |
Boston, MA |
$750,000 |
+4.8% |
7.8x |
| 9 |
New York, NY |
$680,000 |
+2.1% |
7.9x |
| 10 |
Denver, CO |
$620,000 |
+1.5% |
6.8x |
| 11 |
Washington, DC |
$610,000 |
+3.2% |
5.5x |
| 12 |
Portland, OR |
$580,000 |
+1.2% |
7.2x |
| 13 |
Miami, FL |
$575,000 |
+5.5% |
9.2x |
| 14 |
Sacramento, CA |
$560,000 |
+4.8% |
7.1x |
| 15 |
Salt Lake City, UT |
$540,000 |
+2.0% |
6.3x |
Mid-Range Markets
| Rank |
Metro Area |
Median Home Price |
YoY Change |
Price-to-Income Ratio |
| 16 |
Austin, TX |
$480,000 |
-1.5% |
5.8x |
| 17 |
Nashville, TN |
$470,000 |
+3.2% |
6.5x |
| 18 |
Phoenix, AZ |
$445,000 |
+1.8% |
6.2x |
| 19 |
Tampa, FL |
$395,000 |
+2.5% |
6.0x |
| 20 |
Minneapolis, MN |
$380,000 |
+2.0% |
4.5x |
| 21 |
Charlotte, NC |
$375,000 |
+4.5% |
5.2x |
| 22 |
Raleigh, NC |
$420,000 |
+3.8% |
5.0x |
| 23 |
Dallas, TX |
$400,000 |
+0.5% |
5.3x |
| 24 |
Atlanta, GA |
$385,000 |
+3.0% |
5.1x |
| 25 |
Chicago, IL |
$350,000 |
+4.0% |
4.5x |
| 26 |
Houston, TX |
$340,000 |
+1.0% |
4.6x |
| 27 |
Orlando, FL |
$390,000 |
+2.8% |
6.3x |
| 28 |
Las Vegas, NV |
$420,000 |
+3.5% |
6.8x |
| 29 |
Richmond, VA |
$380,000 |
+3.5% |
5.0x |
| 30 |
Jacksonville, FL |
$360,000 |
+2.0% |
5.2x |
Most Affordable Metro Areas
| Rank |
Metro Area |
Median Home Price |
YoY Change |
Price-to-Income Ratio |
| 1 |
Cleveland, OH |
$205,000 |
+5.5% |
3.8x |
| 2 |
Detroit, MI |
$210,000 |
+6.2% |
3.9x |
| 3 |
Memphis, TN |
$215,000 |
+4.0% |
3.7x |
| 4 |
Pittsburgh, PA |
$220,000 |
+3.5% |
3.6x |
| 5 |
Birmingham, AL |
$225,000 |
+4.2% |
3.8x |
| 6 |
St. Louis, MO |
$238,000 |
+3.0% |
3.5x |
| 7 |
Buffalo, NY |
$235,000 |
+7.0% |
3.9x |
| 8 |
Louisville, KY |
$252,000 |
+3.8% |
3.8x |
| 9 |
Oklahoma City, OK |
$240,000 |
+2.5% |
3.5x |
| 10 |
Kansas City, MO |
$285,000 |
+3.2% |
3.7x |
| 11 |
Indianapolis, IN |
$280,000 |
+4.5% |
3.8x |
| 12 |
San Antonio, TX |
$295,000 |
+1.5% |
4.5x |
| 13 |
Cincinnati, OH |
$270,000 |
+5.0% |
3.8x |
| 14 |
Columbus, OH |
$310,000 |
+4.5% |
4.2x |
| 15 |
Milwaukee, WI |
$295,000 |
+5.5% |
4.5x |
Income Required to Afford a Home (by Metro)
Based on 28% front-end ratio, 20% down payment, 6.5% mortgage rate:
| Metro |
Median Price |
Down Payment (20%) |
Monthly Payment |
Income Required |
Median HH Income |
Affordable? |
| San Jose |
$1,550,000 |
$310,000 |
$7,841 |
$336,043 |
$154,000 |
❌ |
| San Francisco |
$1,350,000 |
$270,000 |
$6,828 |
$292,629 |
$137,000 |
❌ |
| Los Angeles |
$920,000 |
$184,000 |
$4,654 |
$199,457 |
$81,000 |
❌ |
| Seattle |
$820,000 |
$164,000 |
$4,149 |
$177,829 |
$110,000 |
❌ |
| Boston |
$750,000 |
$150,000 |
$3,795 |
$162,643 |
$96,000 |
❌ |
| Denver |
$620,000 |
$124,000 |
$3,137 |
$134,443 |
$93,000 |
❌ |
| Miami |
$575,000 |
$115,000 |
$2,909 |
$124,671 |
$62,000 |
❌ |
| Nashville |
$470,000 |
$94,000 |
$2,378 |
$101,914 |
$72,000 |
❌ |
| Dallas |
$400,000 |
$80,000 |
$2,024 |
$86,743 |
$75,000 |
❌ (borderline) |
| Atlanta |
$385,000 |
$77,000 |
$1,948 |
$83,486 |
$78,000 |
❌ (borderline) |
| National |
$420,000 |
$84,000 |
$2,125 |
$91,071 |
$75,149 |
❌ |
| Houston |
$340,000 |
$68,000 |
$1,720 |
$73,714 |
$74,000 |
✅ (barely) |
| Indianapolis |
$280,000 |
$56,000 |
$1,417 |
$60,729 |
$74,000 |
✅ |
| Pittsburgh |
$220,000 |
$44,000 |
$1,113 |
$47,700 |
$62,000 |
✅ |
| Cleveland |
$205,000 |
$41,000 |
$1,037 |
$44,443 |
$54,000 |
✅ |
Price Growth by Metro (2019 vs. 2026)
| Metro |
2019 Price |
2026 Price |
$ Change |
% Change |
| Tampa, FL |
$235,000 |
$395,000 |
+$160,000 |
+68% |
| Phoenix, AZ |
$275,000 |
$445,000 |
+$170,000 |
+62% |
| Miami, FL |
$350,000 |
$575,000 |
+$225,000 |
+64% |
| Austin, TX |
$310,000 |
$480,000 |
+$170,000 |
+55% |
| Boise, ID |
$285,000 |
$470,000 |
+$185,000 |
+65% |
| Nashville, TN |
$290,000 |
$470,000 |
+$180,000 |
+62% |
| Charlotte, NC |
$240,000 |
$375,000 |
+$135,000 |
+56% |
| Dallas, TX |
$260,000 |
$400,000 |
+$140,000 |
+54% |
| Salt Lake City, UT |
$340,000 |
$540,000 |
+$200,000 |
+59% |
| San Francisco, CA |
$1,100,000 |
$1,350,000 |
+$250,000 |
+23% |
Sunbelt and Mountain West metros saw the biggest post-pandemic gains.
Hottest and Coolest Markets (2026)
Hottest (Fastest Appreciation)
| Metro |
YoY Price Change |
Months of Inventory |
Days on Market |
| Buffalo, NY |
+7.0% |
1.8 |
22 |
| Hartford, CT |
+6.8% |
2.0 |
25 |
| Detroit, MI |
+6.2% |
2.2 |
28 |
| San Diego, CA |
+6.1% |
2.5 |
30 |
| Cleveland, OH |
+5.5% |
2.0 |
24 |
Coolest (Price Decline or Stagnation)
| Metro |
YoY Price Change |
Months of Inventory |
Days on Market |
| Austin, TX |
-1.5% |
5.5 |
62 |
| San Antonio, TX |
+1.5% |
5.0 |
55 |
| Portland, OR |
+1.2% |
4.2 |
48 |
| Denver, CO |
+1.5% |
4.0 |
45 |
| Houston, TX |
+1.0% |
4.5 |
50 |
Related: Mortgage Affordability Calculator | First-Time Home Buyer Programs | Average Closing Costs | Rent vs Buy | True Cost of Homeownership
