NASHVILLE, Tenn. (WSMV) - A new report has found the United States’ most expensive housing markets for 2025.

The report from SmartAsset found that the median home sale price in the U.S. reached $368,751, with some metro areas having single-family homes sell for over $1 million.

“In these high-cost areas, price swings may carry major consequences, such as putting existing homeowners at risk of losing equity or potentially pricing out hopeful homebuyers,” the report said. “At the same time, wider trends over the past few years can help both residents and local governments better prepare for the economic effects that come along with strong demand for housing.”

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