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Ranked: The Top 10 Most Valuable Real Estate Cities in America

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Ranked: The Top 10 Most Valuable Real Estate Cities in America

The Briefing

  • The highest-ranking city is San Jose, with a median real estate value of $1.1 M
  • This makes sense, considering the San Jose’s median household income—in 2019, it was over $120,000
  • That’s almost double the country-wide median of $68,703

The Top 10 Most Valuable Real Estate Cities in America

What’s the typical price of a home in America? The answer isn’t as straightforward as it may seem. Real estate value in the U.S. varies greatly from city to city, and the majority of value is concentrated in just a handful of key urban centers.

Here’s a look at the top 10 most valuable real estate cities, by median value:

RankCityStateMedian Value (USD)
1San JoseCalifornia$1,100,000
2San FranciscoCalifornia$959,000
3HonoluluHawaii$705,000
4Los AngelesCalifornia$668,000
5San DiegoCalifornia$594,000
6OxnardCalifornia$586,000
7New York CityNew York$501,000
8BostonMassachusetts$498,000
9SeattleWashington$498,000
10WashingtonD.C.$455,000

San Jose comes in first at $1.1 million, while its city neighbor, San Francisco, places second at $959,000 per home.

It’s not a huge surprise that cities in the Bay Area take the two top spots on the list—the tech-mecca is well known for its red-hot real estate, largely driven by limited housing supply and the area’s high cost of living.

Shifting to the Suburbs

With remote work becoming the new norm, city dwellers are flocking to the suburbs for more space and better bang for their buck.

Because of this, suburban areas have seen a significant increase in value—in September 2020, the average sale price in Martha’s Vineyard rose by 47% compared to last year. In contrast, home sales in places like Brooklyn and San Francisco have plummeted.

Is this suburban shift a short-lived trend, or will this list look a lot different in a few years?

Where does this data come from?

Source: LendingTree.
Note: Figures come from LendingTree’s database, which is a collection of real estate data from more than 155 million U.S. properties. Data is from January 2020.

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Can You Calculate Your Daily Carbon Footprint?

Discover how the average person’s carbon footprint impacts the environment and learn how carbon credits can offset your carbon footprint.

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The Briefing

  • A person’s carbon footprint is substantial, with activities such as food consumption creating as much as 4,500 g of CO₂ emissions daily.
  • By purchasing carbon credits from Carbon Streaming Corporation, you can offset your own emissions and fund positive climate action.

Your Everyday Carbon Footprint

While many large businesses and countries have committed to net-zero goals, it is essential to acknowledge that your everyday activities also contribute to global emissions.

In this graphic, sponsored by Carbon Streaming Corporation, we will explore how the choices we make and the products we use have a profound impact on our carbon footprint.

Carbon Emissions by Activity

Here are some of the daily activities and products of the average person and their carbon footprint, according to Clever Carbon.

Household Activities & ProductsCO2 Emissions (g)
💡 Standard Light Bulb (100 watts, four hours)172 g
📱 Mobile Phone Use (195 minutes per day)*189 g
👕 Washing Machine (0.63 kWh)275 g
🔥 Electric Oven (1.56 kWh)675 g
♨️ Tumble Dryer (2.5 kWh)1,000 g
🧻 Toilet Roll (2 ply)1,300 g
🚿 Hot Shower (10 mins)2,000 g
🚙 Daily Commute (one hour, by car)3,360 g
🍽️ Average Daily Food Consumption (three meals of 600 calories)4,500 g
*Phone use based on yearly use of 69kg per the source, Reboxed

Your choice of transportation plays a crucial role in determining your carbon footprint. For instance, a 15 km daily commute to work on public transport generates an average of 1,464 g of CO₂ emissions. Compared to 3,360 g—twice the volume for a journey the same length by car.

By opting for more sustainable modes of transport, such as cycling, walking, or public transportation, you can significantly reduce your carbon footprint.

Addressing Your Carbon Footprint

One way to compensate for your emissions is by purchasing high-quality carbon credits. 

Carbon credits are used to help fund projects that avoid, reduce or remove CO₂ emissions. This includes nature-based solutions such as reforestation and improved forest management, or technology-based solutions such as the production of biochar and carbon capture and storage (CCS).

While carbon credits offer a potential solution for individuals to help reduce global emissions, public awareness remains a significant challenge. A BCG-Patch survey revealed that only 34% of U.S. consumers are familiar with carbon credits, and only 3% have purchased them in the past.

About Carbon Streaming

By financing the creation or expansion of carbon projects, Carbon Streaming Corporation secures the rights to future carbon credits generated by these sustainable projects. You can then purchase these carbon credits to help fund climate solutions around the world and compensate for your own emissions. 

Ready to get involved?

>> Learn more about purchasing carbon credits at Carbon Streaming

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