The 15 Most Expensive Real Estate Markets in America

The National Association of Realtors says the median sales price of an existing single-family home ended the year at $361,700, with double-digit annual appreciation recorded in two-thirds of the 183 markets the big trade group follows.

So, where are houses the most expensive? Well, "expensive" is relative, based on how much one can really afford to pay. Same thing with "affordability." There is a multitude of lists of high-priced markets, but not many that combine the two.

The following list from RealtyHop uses both price and income data to create the February 2022 version of what the investor-focused listing service calls its RealtyHop Housing Affordability Index, ranking the nation's 100 most populous cities.

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