The 10 most expensive housing markets in America — and NYC doesn’t make the cut

The top 10 most expensive housing markets

1. San Jose, CA

Median home sales price: $2.02 million
Annual increase: 9.8%

Aerial view of downtown San Jose in California at sunset, captured by a drone. San Jose topped the list of most expensive housing markets in the country.
San Jose topped the list of most expensive housing markets in the country.Uladzik Kryhin – stock.adobe.com

2. Anaheim, CA

Median home sales price: $1.45 million
Annual increase: 6.2%

3. San Francisco, CA

Median home sales price: $1.32 million
Annual increase: 1.5%

4. Honolulu, HI

Median home sales price: $1.16 million
Annual increase: 7.3%

Tall buildings at Waikiki Beach with Wai Canal and Diamond Head Mountain in the background in Honolulu, Hawaii
Honolulu was the only non-California city in the top five.marchello74 – stock.adobe.com

5. San Diego, CA

Median home sales price: $1.04 million
Annual increase: 5.7%

6. Salinas, CA

Median home sales price: $954,700
Annual increase: 6.2%

7. San Luis Obispo, CA

Median home sales price: $953,400
Annual increase: 4.8%

8. Oxnard, CA

Median home sales price: $931,500
Annual increase: 2.5%

Naples, Florida. The only east coast city to rank in the top 10 most expensive housing markets.
Naples is the only east coast city on the list.UCG/Universal Images Group via Getty Images

9. Naples, FL

Median home sales price: $865,000
Annual increase: 1.8%

10. Los Angeles, CA

Median home sales price: $862,600
Annual increase: 4.8%