The 15 Most Expensive Cities For Prospective Homebuyers

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Photo: Philip Taylor PT/Flickr

It may be a buyer’s market, but the median home prices in some of America’s hottest cities are anything but cheap.

New York City actually falls second to San Francisco as the most expensive metropolitan housing market in the U.S., according to the National Housing Conference/centre for Housing Policy, which recently released new data as part of a study on housing costs.

In some of these places, housing is so expensive that the seasonal and blue collar workers who in them can’t afford to live there.

Click here to see the most expensive places to buy a house >
MORE: ‘Where Will Americans Be Living In 20 Years?’ at The Great Debate →

#15 Boston, Mass.

Median home price: $322,000

2009 rank: 23

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


#14 San Luis Obispo, Calif.

Median home price: $329,000

2009 rank: 8

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


#13 Newark, NJ

Median home price: $330,000

2009 rank: 17

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


#12 Oxnard, Calif.

Median home price: $337,000

2009 rank: 10

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


#11 Bethesda, Md.

Median home price: $343,000

2009 rank: 19

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


#10 Ocean City, NJ

Median home price: $353,000

2009 rank: 12

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


#9 Cambridge, Mass.

Median home price: $370,000

2009 rank: 13

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


#8 Suffolk-Nassau region of New York

Median home price: $378,000

2009 rank: 7

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


#7 Bridgeport, Conn.

Median home price: $390,000

2009 rank: 11

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →



#6 Santa Cruz, Calif.

Median home price: $395,000

2009 rank: 5

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


#5 Santa Ana, Calif.

Median home price: $405,000

2009 rank: 4

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


#4 Honolulu, HI

Median home price: $425,000

2009 rank: 3

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


#3 San Jose, Calif.

Median home price: $443,000

2009 rank: 2

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


#2 New York, NY

Median home price: $450,000

2009 rank: 6

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


#1 San Francisco, Calif.

Median home price: $585,000

2009 rank: 1

Median home prices listed are for the third quarter of 2011. 2009 rankings are based on median home prices for the fourth quarter of 2009. The National Housing Conference based its data on new and existing home sales figures provided by the National Home Builder's Association.

Source: National Housing Conference

MORE: 'Where Will Americans Be Living In 20 Years?' at The Great Debate →


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