Above is a map displaying the median home prices for cities in the SF Bay Area as of April 2017 on Zillow. The most expensive cities in order are: Palo Alto 2.5 million, Cupertino 1.8m, Mountain View 1.5m, Sunnyvale 1.5m, Redwood City 1.3m, San Francisco 1.2m.
Below is a chart displaying the median home price changes for the four largest cities in the Bay Area since Jan 2012. Home prices have doubled in the past five years with cities such as Oakland up 123%, Mountain View up 112%, and Palo Alto up 103% over the period.
The San Francisco Bay Area is one of the most expensive places to live in the United States. The map above displays the median home price for the top 30 most populated cities in the Bay Area. The larger the bubble, the higher the median home price. The bubbles are also color coded – Red the highest 20%, Orange the next 20%, then Green, Blue, and Purple the lowest 20% by median home price.
Regionally, the cities comprising Silicon Valley are the most expensive and the cities in the northeastern bay are the cheapest. In order, the most expensive cities in the bay area by median home price (via Zillow) as of 2016: Palo Alto at 2.5 million, Cupertino 1.8 million, Mountain View 1.4 million, Sunnyvale 1.4 million, Redwood City 1.3 million, San Mateo 1.1 million, and San Francisco 1.1 million.
The most affordable housing in the Bay Area (of the top 30 by population) are: Richmond 411k, Vacaville 391k, Fairfield 390k, Antioch 364k, Pittsburg 357k, and Vallejo 326k.
Above is a map of the top 100 metropolitan areas by population in the United States colored and sized according to the median home price. The larger the bubble, the higher the house price. Also, there are color tiers – Red the highest, Orange upper-mid, Green middle, Blue lower-mid, and purple lowest. The national average home price was $215,000.
In 2015, the metro area with the highest median home price is San Jose, CA at $900,000, followed by San Francisco-Oakland at $850,000, Los Angeles at $590,000, New York City at $585,000, and Oxnard at $507,000. The five lowest metro areas by median home price were Akron, OH at $93,000, St. Louis, MO at $89,900, Youngstown, OH at $88,500, McAllen, TX at $85,000, and Dayton, OH at $63,000.