While it’s safe to say that the price of real estate has gotten, well, pricey in recent years, the cost of a home varies greatly from state to state. Nowhere is that more evident than in looking at the mansions across America.
A recent report from Point2Homes.com, a real estate listings site, shows the most expensive home on the market in each state.
The site compiled the properties from an analysis of its database, brokerages and articles on verified luxury listings. The prices listed below were current as of June 15, 2022.
What Is the Most Expensive Home for Sale in Each State?
Rank/State Address Price
1. California 33550 Pacific Coast Hwy, Malibu $225,000,000
2. New York 700 Meadow Lane, Southampton $175,000,000
3. Florida 18 La Gorce Circle, Miami Beach $170,000,000
4. Nevada 1730 Hwy 50, Glenbrook $100,000,000
5. Washington 3858 Hunts Point Rd, Hunts Point $85,000,000
6. Oregon 27280 NE Old Wolf Creek Road, Prineville $65,000,000
7. Connecticut 450 Brickyard Road, Woodstock $60,000,000
8. Hawaii 9 Bay Dr, Lahaina $59,500,000
9. Colorado 1650 McLain Flats Road, Aspen $55,000,000
10. Tennessee 1304 Chickering Rd, Nashville $50,000,000
11. Utah 533 N Left Fork Hobble Creek Rd, Springville $48,000,000
12. Illinois 1932 N Burling Street, Chicago $45,000,000
13. Texas 12400 Cedar Street, Lake Travis $45,000,000
14. Montana 405 Delrey Road, Whitefish $40,000,000
15. Massachusetts 41 Jefferson Avenue, Nantucket $39,000,000
16. Virginia 700 Bulls Neck Rd, McLean $39,000,000
17. Indiana 10285 W Youth Camp Road, Columbus $30,000,000
18. Arizona 20958 North 112th Street, Scottsdale $28,000,000
19. New Mexico Zorro Ranch, Stanley $27,500,000
20. Pennsylvania 500 Walnut Street, Unit 2500-2600 Philadelphia $27,000,000
21. Kentucky 30 Bass Ct N, Whitesville $25,000,000
22. New Jersey 48 Rio Vista Dr, Alpine
275 Indian Trail Drive, Franklin Lakes$25,000,000
23. Maryland 1604 Winchester Rd, Annapolis $24,900,000
24. District of Columbia 2425 Foxhall Rd NW, Washington $20,000,000
25. South Carolina 133 Flyway Drive, Kiawah Island $20,000,000
26. Idaho 105 Camas Rd, Ketchum $19,750,000
27. New Hampshire 144 Springfield Point Rd, Wolfeboro $19,500,000
28. West Virginia 4428 Irish Heights Dr, Summersville $19,500,000
29. Wyoming 6160 W Lazy H Rd, Wilson $19,500,000
30. Rhode Island 2 Kidds Way, Westerly $18,500,000
31. Georgia 120 Hawkins Lane, Saint Simons Island $17,800,000
32. Vermont 506 North Hill Road, Stowe $16,000,000
33. Oklahoma 3105 S Peoria Avenue, Tulsa $15,000,000
34. Louisiana 11001 Highland Rd, Baton Rouge $14,000,000
35. North Carolina 1 Auditorium Circle, Wrightsville Beach $13,900,000
36. Alabama 2510 Kirby Bridge Rd, Decatur $12,300,031
37. Mississippi 205 S Valley Rd, Poplarville $12,250,000
38. Minnesota 36463 Butternut Point Road, Pequot Lakes $12,000,000
39. Iowa 16216 and 1615 IA-86, Spirit Lake $11,900,000
40. Wisconsin 9095 Cottage Row Rd, Fish Creek $11,900,000
41. Michigan 1558 Dutton Rd, Rochester $11,500,000
42. Maine 153 Foreside Road, Falmouth $10,500,000
43. Missouri 2608 & 2606 Arrowhead Estates Rd, Village of Four Seasons $9,999,999
44. Alaska 5260 Kachemak Dr, Homer $9,000,000
45. Arkansas 115 West Van Buren, Eureka Springs $7,000,000
46. Ohio 2779 Som Center Rd, Hunting Valley $6,950,000
47. South Dakota 13911 Cobb Road, Hermosa $6,900,000
48. Kansas 1051 N Blackstone Rd, Milton $6,700,000
49. North Dakota 14388 45th Street NW, Williston $4,999,900
50. Delaware 21440 Bald Eagle, Rehoboth Beach $4,850,000
51. Nebraska 17426 Island Circle, Bennington, Douglas County $3,750,000
To Buy a Home or Not To Buy a Home
Mansions aside, you may be contemplating whether it makes sense to jump into this crazy housing market or continue to rent. In a recent podcast, money expert Clark Howard said, “It really depends on your particular market.”
Clark advises you to look up the real estate prices in the entire metro area of your target market to determine whether it makes sense to buy a home there.
“Even in an expensive metro area, there are huge variations of what prices are on homes from one part of an expanded metro area to another,” he says.
“Where normally I say, ‘Go find a part of town that you like and then start looking for a home,’ now I say, ‘Do the opposite.’ Go look at what prices are in different parts of town, and find the lowest-cost part of town that you’d be happy living in. That’s where you should be doing your search for a home.”
Here’s Clark’s step-by-step process on how to buy a home.
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