The most expensive homes in the United States can cost as much as $4,000, according to a study from Zillow.
Some pricier homes in cities like New York, Los Angeles and San Francisco can be as much $2,000 or less, but the priciest homes in these cities tend to be in cities with high housing prices.
The study’s authors, Andrew Lebowitz, a professor of marketing at the University of Pennsylvania and Adam Weisburd, an associate professor at Carnegie Mellon University, said the study found that the average price of a home in the U.S. rose to $3,500 in 2020.
Lebowits study found homes that cost more than $4.5 million rose from 6% in 2019 to 23% in 2020, and those that cost over $5 million climbed from 6.6% in 2018 to 26.5% in 2021.
“Home ownership is a high-stakes gamble,” Lebowitts study said.
“The cost of owning a home has risen at a faster rate than inflation in the past decade, and it remains an uncertain investment.”
Here are some of the pricier properties that you may want to consider before you decide whether or not to purchase.
The Marmot in Marmot, Calif., is one of the most popular houses in the state and one of just three homes on Zillows list of priciest real estate in the country.
In 2020, the Marmot sold for $4 million and has a market value of $5.3 million.
The house is located on an acre of land that is home to a farm that produces about 20,000 head of cattle a year.
In 2018, the farm was valued at $8 million.
Home on the Marlots Main Street is one house that may have a similar price tag, as it is also a former residence of the former president of the United Kingdom, David Cameron.
The home in Marlott was purchased in 2012 by former British Prime Minister Boris Johnson and has been on the market since then.
The price of the house is estimated to be $2.4 million.
LeBowitz said the home’s location is a key factor that may help to drive up the price.
“If it’s in the heart of the city, or is a little more walkable, it may be more affordable to those who can afford it,” he said.
Another home that may make you want to think twice before buying a home is the $3.9 million mansion that is located in the upscale area of San Francisco’s Castro District.
It’s located just down the street from the San Francisco Chronicle and is owned by the Trumps and their family.
The Trumps purchased the house in 2016 for $3 million, and they have a market valuation of $4 billion.
The 5,000-square-foot mansion is located just a few blocks from where President Donald Trump was born and the current President, Donald Trump Jr., is the current owner of the property.
The mansion is currently valued at more than twice that amount.
Another $1 million worth of houses in San Francisco may be worth more than the median home price of $1.929 million in San Jose, according the study.
You can also check out more of the cheapest homes on the list.
Here are the 10 most expensive houses in California and the 10 least expensive.