Markets
Mapped: The Top 30 Most Valuable Real Estate Cities in the U.S.
The Most Valuable Real Estate Cities in America
According to real estate tycoon Harold Samuel, there are three things that matter when it comes to real estate valueโlocation, location, and location.
Americaโs property market is no exception to this rule. Depending on the city and itsโyou guessed itโlocation, there are vast discrepancies in real estate value across the country.
Using the latest data from LendingTree, this graphic ranks the top 30 most valuable real estate cities in America. Weโll also evaluate the top cities based on median value of homes, and how COVID-19 has impacted the market.
The Most Valuable Real Estate Cities
Out of the $32.6 trillion of total real estate value included in LendingTree’s database, the top 30 cities account for almost 57%:
Rank | City | State | Total Value (in billions) |
---|---|---|---|
1 | New York | New York | $2,838 |
2 | Los Angeles | California | $2,289 |
3 | San Francisco | California | $1,320 |
4 | Chicago | Illinois | $906 |
5 | Washington, D.C. | -- | $826 |
6 | Boston | Massachusetts | $815 |
7 | Miami | Florida | $774 |
8 | Seattle | Washington | $700 |
9 | Dallas | Texas | $628 |
10 | Philadelphia | Pennsylvania | $577 |
11 | San Jose, Calif. | California | $568 |
12 | San Diego | California | $564 |
13 | Houston | Texas | $535 |
14 | Atlanta | Georgia | $531 |
15 | Riverside, Calif. | California | $485 |
16 | Phoenix | Arizona | $484 |
17 | Denver | Colorado | $439 |
18 | Minneapolis | Minnesota | $383 |
19 | Detroit | Michigan | $348 |
20 | Portland, Ore. | Oregon | $319 |
21 | Sacramento, Calif. | California | $318 |
22 | Baltimore | Maryland | $301 |
23 | Tampa, Fla. | Florida | $286 |
24 | Austin, Texas | Texas | $248 |
25 | Charlotte, N.C | North Carolina | $248 |
26 | Orlando, Fla. | Florida | $233 |
27 | Honolulu | Hawaii | $219 |
28 | Nashville, Tenn. | Tennessee | $209 |
29 | St. Louis | Missouri | $202 |
30 | Las Vegas | Nevada | $191 |
New York has the highest real estate value in the country at $2.8 trillionโthatโs around the size of the UKโs GDP in 2019. Close behind is Los Angeles at $2.3 trillion, while San Francisco ranks third at $1.3 trillion.
This may not come as a surprise, considering the popularity of these areas. New York and Los Angeles have the two highest city populations in the U.S., and San Francisco is the second most densely populated city in America (after New York). Historically, these areas have been notorious for their red-hot real estate markets, limited housing supply, and high costs of living.
However, while these cities take the top three spots when it comes to total real estate value, the ranking looks a bit different when comparing the median value of each city.
Most Valuable Cities, by Median Home Value
When it comes to median home value, San Jose claims the top spot at $1.1 million, while San Francisco places second at $959K:
Rank | City | State | Median Value of a Home |
---|---|---|---|
1 | San Jose | California | $1,100,000 |
2 | San Francisco | California | $959,000 |
3 | Honolulu | Hawaii | $705,000 |
4 | Los Angeles | California | $668,000 |
5 | San Diego | California | $594,000 |
6 | Oxnard | California | $586,000 |
7 | New York | New York | $501,000 |
8 | Boston | Massachusetts | $498,000 |
9 | Seattle | Washington | $498,000 |
10 | Washington, D.C. | -- | $455,000 |
11 | Denver | Colorado | $430,000 |
12 | Sacramento | California | $410,000 |
13 | Bridgeport | Connecticut | $410,000 |
14 | Portland | Oregon | $401,000 |
15 | Riverside | California | $365,000 |
16 | Naples | Florida | $329,000 |
17 | Austin | Texas | $323,000 |
18 | Salt Lake City | Utah | $312,000 |
19 | Providence | Rhode Island | $300,000 |
20 | Miami | Florida | $297,000 |
21 | Minneapolis | Minnesota | $294,000 |
22 | Baltimore | Maryland | $284,000 |
23 | Las Vegas | Nevada | $278,000 |
24 | Phoenix | Arizona | $276,000 |
25 | Raleigh | North Carolina | $271,000 |
26 | Nashville | Tennessee | $265,000 |
27 | Philadelphia | Pennsylvania | $246,000 |
28 | Chicago | Illinois | $245,000 |
29 | Orlando | Florida | $245,000 |
30 | North Port | Florida | $244,000 |
The Bay Area leads the pack in terms of median value, but San Francisco and San Jose arenโt the only Californian cities to make the list. In fact, half of the top 10 cities are in the Golden State.
Suburban Shuffle
Itโs important to note that these numbers are from January 2020, before the global pandemic triggered numerous societal and economic changes, including an accelerated migration to the suburbs from key urban centers like New York and San Francisco.
This mass exodus has negatively impacted sales activity. In fall 2020, or example, home sales in New York dropped by 50% compared to last year.
In contrast, places like Honolulu have seen significant growth in home salesโin September 2020, single-family home sales rose by 12.7% compared to last year. Some experts believe COVID has been a key factor driving this growth, as more people are able to work from anywhere, thanks to remote work.
Markets
Mapped: 2023 Inflation Forecasts by Country
Inflation surged on a global scale in 2022, hitting record-level highs in many countries. Could it finally subside in 2023?

Mapped: 2023 Inflation Forecasts by Country
This was originally posted on Advisor Channel. Sign up to the free mailing list to get beautiful visualizations on financial markets that help advisors and their clients.
Inflation surged on a global scale in 2022, hitting record-level highs in many countries. Could it finally subside in 2023?
In the above infographic, we look to answer that question using the World Economic Outlook report by the International Monetary Fund (IMF).
Not Yet Out of the Woods
While the IMF predicts that global inflation peaked in late 2022, rates in 2023 are expected to remain higher than usual in many parts of the world. Following the 8.8% global inflation rate in 2022, the IMF forecasts a 6.6% rate for 2023 and 4.3% rate for 2024 based on their most recent January 2023 update.
For the optimists, the good news is that the double-digit inflation that characterized nearly half the world in 2022 is expected to be less prevalent this year. For the pessimists, on the other hand, looking at countries like Zimbabwe, Venezuela, Turkey, and Poland may suggest that we are far from out of the woods on a global scale.
Here are the countries with the highest forecasted inflation rates in 2023.
Country / Region | Projected Annual Inflation % Change 2023 |
---|---|
๐ฟ๐ผ Zimbabwe | 204.6% |
๐ป๐ช Venezuela | 195.0% |
๐ธ๐ฉ Sudan | 76.9% |
๐ฆ๐ท Argentina | 76.1% |
๐น๐ท Turkiye | 51.2% |
๐ฎ๐ท Islamic Republic of Iran | 40.0% |
๐ฑ๐ฐ Sri Lanka | 29.5% |
๐ช๐น Ethiopia | 28.6% |
๐ธ๐ท Suriname | 27.2% |
๐ธ๐ฑ Sierra Leone | 26.8% |
๐ธ๐ธ South Sudan | 21.7% |
๐ญ๐น Haiti | 21.2% |
๐ฌ๐ญ Ghana | 20.9% |
๐ต๐ฐ Pakistan | 19.9% |
๐ณ๐ฌ Nigeria | 17.3% |
๐พ๐ช Yemen | 17.1% |
๐ฒ๐ผ Malawi | 16.5% |
๐ต๐ฑ Poland | 14.3% |
๐ฒ๐ฉ Moldova | 13.8% |
๐ฒ๐ฒ Myanmar | 13.3% |
๐ญ๐บ Hungary | 13.3% |
๐ง๐พ Belarus | 13.1% |
๐ฐ๐ฌ Kyrgyz Republic | 12.4% |
๐ฌ๐ณ Guinea | 12.2% |
๐ฒ๐ณ Mongolia | 12.2% |
๐ช๐ฌ Egypt | 12.0% |
๐ฆ๐ด Angola | 11.8% |
๐ฐ๐ฟ Kazakhstan | 11.3% |
๐ธ๐น Sรฃo Tomรฉ and Prรญncipe | 11.2% |
๐ท๐ด Romania | 11.0% |
๐บ๐ฟ Uzbekistan | 10.8% |
๐ฆ๐ฟ Azerbaijan | 10.8% |
๐น๐ฒ Turkmenistan | 10.5% |
๐ธ๐ฐ Slovak Republic | 10.1% |
๐จ๐ฌ Democratic Republic of the Congo | 9.8% |
๐ฟ๐ฒ Zambia | 9.6% |
๐ช๐ช Estonia | 9.5% |
๐ฒ๐ช Montenegro | 9.2% |
๐ง๐ฉ Bangladesh | 9.1% |
๐ฌ๐ง United Kingdom | 9.0% |
While the above countries fight to sustain their purchasing power, some parts of the world are expected to continue faring exceptionally well against the backdrop of a widespread cost-of-living crisis. Many Asian countries, notably Japan, Taiwan, and China, are all predicted to see inflation lower than 3% in the upcoming year.
When it comes to low inflation, Japan in particular stands out. With strict price controls, negative interest rates, and an aging population, the country is expected to see an inflation rate of just 1.4% in 2023.
Inflation Drivers
While rising food and energy prices accounted for much of the inflation we saw in 2022, the IMF’s World Economic Outlook highlights that core inflation, which excludes food, energy, transport and housing prices, is now also a major driving factor in high inflation rates around the world.
What makes up core inflation exactly? In this case, it would include things like supply chain cost pressures and the effects of high energy prices slowly trickling down into numerous industries and trends in the labor market, such as the availability of jobs and rising wages. As these macroeconomic factors play out throughout 2023, each can have an effect on inflation.
The Russia-Ukraine conflict and the lingering effects of the COVID-19 pandemic are also still at play in this yearโs inflation forecasts. While the latter mainly played out in China in 2022, the possible resurgence of new variants continues to threaten economic recovery worldwide, and the war persists in leaving a mark internationally.
The confluence of macroeconomic factors currently at play is unlike what weโve seen in a long time. Though the expertise of forecasters can give us a general understanding, how they will actually play out is for us to wait and see.
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