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The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties in cities throughout Southern California.
The typical home value in the United States was $360,385 in October, 2.4% higher than the year before.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared with the year before.
Stacker compiled a list of cities with the most expensive homes in the Los Angeles-Long Beach-Anaheim metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
1-year price change: +$74,907 (+6.3%)
5-year price change: +$508,970 (+67.9%)
Typical home value: $1,258,697 (No. 41 most expensive city in metro)
1-year price change: +$77,340 (+8.9%)
5-year price change: +$343,663 (+56.8%)
Typical home value: $948,927 (73rd most expensive city in metro)
1-year price change: +$78,762 (+8.4%)
5-year price change: +$390,342 (+62.5%)
Typical home value: $1,015,341 (No. 65 most expensive city in metro)
1-year price change: +$81,662 (+9.0%)
5-year price change: +$387,668 (+64.0%)
Typical home value: $993,201 (No. 68 most expensive city in metro)
1-year price change: +$82,304 (+8.4%)
5-year price change: +$388,869 (+57.8%)
Typical home value: $1,061,649 (61st most expensive city in metro)
1-year price change: +$83,022 (+7.3%)
5-year price change: +$492,555 (+67.9%)
Typical home value: $1,218,465 (#45 most expensive city in metro)
1-year price change: +$83,220 (+6.9%)
5-year price change: +$480,476 (+58.9%)
Typical home value: $1,296,691 (39th most expensive city in metro)
1-year price change: +$83,619 (+8.7%)
5-year price change: +$367,028 (+54.5%)
Typical home value: $1,040,568 (No. 62 most expensive city in metro)
1-year price change: +$87,229 (+8.3%)
5-year price change: +$426,269 (+59.7%)
Typical home value: $1,139,951 (54th most expensive city in metro)
1-year price change: +$87,554 (+3.1%)
5-year price change: +$1,021,320 (+55.0%)
Typical home value: $2,878,763 (No. 7 most expensive city in metro)
1-year price change: +$87,627 (+6.2%)
5-year price change: +$552,293 (+57.7%)
Typical home value: $1,509,410 (No. 27 most expensive city in metro)
1-year price change: +$91,801 (+6.0%)
5-year price change: +$684,391 (+72.4%)
Typical home value: $1,630,062 (No. 23 most expensive city in metro)
1-year price change: +$92,713 (+9.3%)
5-year price change: +$396,818 (+57.4%)
Typical home value: $1,088,336 (57th most expensive city in metro)
1-year price change: +$93,395 (+5.8%)
5-year price change: +$532,350 (+44.9%)
Typical home value: $1,717,219 (17th most expensive city in metro)
1-year price change: +$95,121 (+6.1%)
5-year price change: +$737,131 (+79.6%)
Typical home value: $1,662,721 (No. 20 most expensive city in metro)
1-year price change: +$102,211 (+8.4%)
5-year price change: +$513,007 (+64.1%)
Typical home value: $1,313,598 (No. 37 most expensive city in metro)
1-year price change: +$110,513 (+8.9%)
5-year price change: +$520,962 (+62.5%)
Typical home value: $1,353,837 (33rd most expensive city in metro)
1-year price change: +$110,935 (+8.8%)
5-year price change: +$564,742 (+70.6%)
Typical home value: $1,364,477 (No. 32 most expensive city in metro)
1-year price change: +$115,197 (+10.7%)
5-year price change: +$494,009 (+70.7%)
Typical home value: $1,192,607 (No. 46 most expensive city in metro)
1-year price change: +$116,382 (+10.8%)
5-year price change: +$492,255 (+70.6%)
Typical home value: $1,189,731 (No. 47 most expensive city in metro)
1-year price change: +$117,289 (+11.6%)
5-year price change: +$446,878 (+65.2%)
Typical home value: $1,132,048 (55th most expensive city in metro)
1-year price change: +$117,836 (+9.7%)
5-year price change: +$534,483 (+67.3%)
Typical home value: $1,328,868 (No. 35 most expensive city in metro)
1-year price change: +$120,974 (+11.4%)
5-year price change: +$483,024 (+69.5%)
Typical home value: $1,178,053 (48th most expensive city in metro)
1-year price change: +$134,095 (+10.2%)
5-year price change: +$638,925 (+79.5%)
Typical home value: $1,442,494 (No. 29 most expensive city in metro)
1-year price change: +$150,910 (+9.8%)
5-year price change: +$686,416 (+68.7%)
Typical home value: $1,685,809 (19th most expensive city in metro)
1-year price change: +$193,779 (+8.8%)
5-year price change: +$781,764 (+48.5%)
Typical home value: $2,392,402 (No. 10 most expensive city in metro)
1-year price change: +$199,126 (+9.7%)
5-year price change: +$974,789 (+76.9%)
Typical home value: $2,241,955 (No. 11 most expensive city in metro)
1-year price change: +$202,056 (+11.7%)
5-year price change: +$872,321 (+82.0%)
Typical home value: $1,935,727 (15th most expensive city in metro)
1-year price change: +$212,615 (+6.8%)
5-year price change: +$1,363,216 (+69.6%)
Typical home value: $3,322,409 (No. 4 most expensive city in metro)
1-year price change: +$224,513 (+16.9%)
5-year price change: +$681,406 (+78.4%)
Typical home value: $1,550,608 (26th most expensive city in metro)
This article was retitled and copy edited from its original version.
Re-published with CC BY-NC 4.0 License.
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