Top 5 Cities in California with the Most Expensive Homes

As Idaho's housing market continues to attract attention from across the country, there's recent data that highlights just how significant the disparity in home prices can actually be. According to a report by Stacker, there are 5 cities in California that stand out for having the most expensive homes, with figures that make Boise and the rest of Idaho not seem so bad after all.

Montecito, CA

Kicking off the list at number 5 is Montecito, situated in the Santa Maria-Santa Barbara metro area. The typical home here is roughly $4,877,966, reflecting a 2.8% increase in the past year 2023-2024.

Hillsborough, CA

Holding the 4th spot is Hillsborough, in the San Francisco-Oakland-Berkeley metro area. Despite actually having a slight downturn in prices, homes in Hillsborough are maintaining their median value of $4,915,838.

Hidden Hills, CA

In 3rd position is Hidden Hills, located within the Los Angeles-Long Beach-Anaheim metro area. With a median home value of $5,164,336, this "exclusive" community has seen a notable 6.7% increase in prices over the past year.

Los Altos Hills, CA

Securing the 2nd spot is Los Altos Hills, part of the San Jose-Sunnyvale-Santa Clara metro area. Here, the typical home is a jaw-dropping $5,464,859, reflecting a 2.8% increase in prices over the past year.

Atherton, CA

Topping the charts at number one is Atherton, also located in the San Francisco-Oakland-Berkeley metro area. With homes valued at a staggering $7,248,058, Atherton maintains its status as one of California's most exclusive neighborhoods, despite experiencing a slight dip in prices over the past year.

While California's luxury market remains unparalleled, the allure of Idaho's comparatively more affordable homes continues to draw interest from those seeking a change of pace and scenery.