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These are the 25 towns in California with the most expensive homes in 2024

The 25 Most Lavish Towns for Real Estate in California: A 2024 Overview

Ashley

Home And Garden.

Updated

California’s real estate landscape has been noted for its elevated property costs and fluctuating prices. Utilizing the Zillow Home Value Index data from December 12, 2024, we examined the top 25 priciest housing markets in California, assessing their growth from 2010 to 2024.

This extensive review reveals not only the present property prices but also the impressive price evolution over a fourteen-year span across various cities. From coastal technology hubs to inland population centers, each area showcases its distinct growth narrative and market trends. Below, we present these markets ranked by their average home prices in 2024, starting with Redding and finishing with San Jose, which boasts average home prices surpassing $1.5 million.

#25 – Redding

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As of 2024, Redding’s average home price is $366,052. Analyzing previous years, home prices were $283,523 in 2020, $215,902 in 2015, and $188,031 in 2010. Over this fourteen-year period, Redding has experienced a 94.68% increase in home values.

#24 – Chico

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In 2024, the average home price in Chico is $388,326. Historical data shows prices at $334,959 in 2020, $235,958 in 2015, and $209,110 in 2010. From 2010 to 2024, Chico has seen an increase of 85.70% in home prices.

#23 – Fresno

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Fresno’s 2024 average home price is $396,457. Looking back, prices were $278,109 in 2020, $198,777 in 2015, and $168,032 in 2010. The city has witnessed a substantial increase of 135.94% in home values since 2010.

#22 – Madera

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In 2024, Madera’s average home price is $407,500. Historical figures indicate prices of $282,137 in 2020, $200,169 in 2015, and $139,216 in 2010. Madera has recorded an impressive increase of 192.71% in home values since 2010.

#21 – Merced

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As of 2024, Merced’s average home price is $414,772. In prior years, it was $292,643 in 2020, $194,172 in 2015, and $126,614 in 2010. The city has shown a significant increase of 227.59% in home values since 2010.

#20 – Yuba City

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In Yuba City, the average home price in 2024 reaches $425,624. Previous years show prices of $313,416 in 2020, $207,721 in 2015, and $142,673 in 2010. The city has achieved a noteworthy increase of 198.32% in home values over the fourteen-year span.

#19 – Eureka

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Eureka presents an average home price of $428,296 in 2024. Historical pricing indicates $389,087 in 2020, $295,443 in 2015, and $307,337 in 2010. Notably, Eureka exhibits the smallest rise among the cities mentioned, with a modest 39.36% increase since 2010.

#18 – Modesto

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Modesto’s average home price in 2024 is $465,917. Looking back, the prices were $337,959 in 2020, $232,510 in 2015, and $151,104 in 2010. The city has recorded an impressive increase of 208.34% in home values since 2010.

#17 – Ukiah

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Ukiah’s average home price in 2024 is $501,319. Historical data indicates pricing of $486,377 in 2020, $363,473 in 2015, and $309,675 in 2010. Over the fourteen-year timeframe, the city has noted a 61.89% increase in home values.

#16 – Stockton

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Stockton’s average home price in 2024 is $538,829. Previous figures show prices at $399,626 in 2020, $274,076 in 2015, and $174,905 in 2010. The city has seen a remarkable rise of 208.07% in home values since 2010.

#15 – Sacramento

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In 2024, Sacramento’s average home price is $576,796. Historical prices were $438,448 in 2020, $321,621 in 2015, and $240,011 in 2010. The capital city has experienced a 140.32% increase in home values since 2010.

#14 – Riverside

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Riverside’s average home price in 2024 is $582,039. Looking back, prices were $385,869 in 2020, $285,570 in 2015, and $195,463 in 2010. The city shows an impressive increase of 197.77% in home values over the fourteen years.

#13 – Vallejo

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Vallejo’s average home price in 2024 is $585,798. Previous years indicate prices of $462,530 in 2020, $330,953 in 2015, and $217,934 in 2010. The city has seen an increase of 168.80% in home values since 2010.

#12 – Truckee

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Truckee has an average home price of $612,073 in 2024. Historical data notes prices at $478,247 in 2020, $373,645 in 2015, and $325,260 in 2010. There has been an 88.18% increase in home values over the fourteen years.

#11 – Santa Rosa

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Santa Rosa’s average home price in 2024 is $797,799. Prices in earlier years were $655,570 in 2020, $507,213 in 2015, and $388,225 in 2010. The city has experienced a 105.50% rise in home values since 2010.

#10 – Salinas

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In Salinas, the average home price in 2024 is $832,613. Historically, the prices were $596,021 in 2020, $431,663 in 2015, and $331,799 in 2010. The city recorded a 150.94% increase in home values since 2010.

#9 – Oxnard

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Oxnard’s average home price in 2024 stands at $872,608. Prices were $627,751 in 2020, $507,849 in 2015, and $428,515 in 2010. The city has seen an increase of 103.64% in home values over the fourteen-year period.

#8 – San Luis Obispo

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San Luis Obispo has an average home price of $883,852 in 2024. Previous years’ prices show $627,507 in 2020, $494,185 in 2015, and $387,257 in 2010. This city has recorded an increase of 128.23% in home values since 2010.

#7 – Napa

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Napa’s average home price in 2024 is $892,526. Historical data reflects prices at $704,183 in 2020, $542,730 in 2015, and $389,032 in 2010. The price rise since 2010 stands at 129.42%.

#6 – San Diego

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San Diego’s average home price in 2024 is $938,982. Previous prices show $615,951 in 2020, $469,593 in 2015, and $368,539 in 2010. The impressive rise in home values since 2010 is 154.78%.

#5 – Los Angeles

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Los Angeles’s average home price in 2024 is $944,589. Historical prices indicate $660,928 in 2020, $504,698 in 2015, and $405,638 in 2010. The increase in home values since 2010 is noted at 132.87%.

#4 – Santa Maria

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Santa Maria’s average home price in 2024 reaches $969,656. Looking back, prices were $616,356 in 2020, $507,002 in 2015, and $427,993 in 2010. Home values here have increased by 126.56% since 2010.

#3 – San Francisco

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San Francisco’s average home price in 2024 is $1,140,878. Historical prices show $936,706 in 2020, $701,457 in 2015, and $478,646 in 2010. This city has seen a 138.36% increase in home values over the fourteen-year stretch.

#2 – Santa Cruz

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Average home prices in Santa Cruz for 2024 are $1,141,699. Historical data indicates $830,161 in 2020, $645,275 in 2015, and $500,755 in 2010. The increase since 2010 stands at 128.00%.

#1 – San Jose

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San Jose ranks first with an average home price of $1,575,914 in 2024. Prior data shows home prices at $1,111,355 in 2020, $796,888 in 2015, and $515,344 in 2010. This city has recorded a substantial increase of 205.80% in home values since 2010, making it one of the priciest housing markets in California.

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