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The 25 most expensive housing markets in the US. The most expensive housing markets in America are primarily packed into one state: California. The Golden State dominates Coldwell Banker's annual Home Listing Report, which ranks the most expensive places to purchase homes in America, claiming every spot in the top 10 and 18 total out of the top 25.
Measuring just one square mile, it is one of the wealthiest towns in the area--don't bother looking for a house under $1 million. Little surprise, then, that Belvedere is home to the most expensive residence on the market in California--and one of the priciest in the country. Locksley Hall, a 10,000-square-foot house that sits at the tip of Belvedere Island, can be yours for $65 million.