A new study from the National Association of Realtors analyzes the most expensive housing markets across each state, showcasing the cities with the highest median home prices. Greenwich, CT leads the way with a median price of $1,941,473, while Marin County, CA follows at $1,565,090. The analysis highlights economic disparities as the least expensive high median prices are below $400,000 in poorer states like Alabama and Louisiana, with Canadian County, Oklahoma showing the lowest at $273,990.
The new study identifies the city with the most expensive houses in each state based on median home prices, showcasing diverse real estate dynamics across the nation.
Greenwich, CT, takes the crown as the city with the highest median home price at $1,941,473, reflecting its affluent status and proximity to Manhattan.
Marin County, CA, with its median home price of $1,565,090, exemplifies California's expensive real estate market, situated just north of tech hubs San Francisco and San Jose.
In stark contrast, the least expensive highest median home prices are found in poorer states, with Alabama's Shelby County at $342,340, highlighting economic disparities.
#real-estate #median-home-prices #housing-market #wealth-inequality #national-association-of-realtors
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