Hunts Point is the third-most-expensive housing town in the U.S., according to a new Zillow report.
The King County town with a population of less than 400 has a typical home value of $7 million. It’s the only town to crack the top 10 outside California, Florida and New York.
Nationwide, there are 481 million-dollar cities on Zillow’s list, meaning towns with a typical home value of $1 million or more. Record-setting home appreciations in 2021 added 146 cities to the list. A decade ago, there were only 126 million-dollar cities in the U.S.
“The surge in demand for housing last year sent home values skyrocketing, even in places where prices already were sky-high, and that helped tip a record number of cities into the million-dollar club,” said Jeff Tucker, Zillow senior economist.
Most of the million-dollar cities are clustered around eight large metro areas: New York City, San Francisco, Los Angeles, San Jose, Boston, Seattle, Miami and Washington, D.C.
The top 10 communities on the list, based on what Zillow describes as typical home values:
- Indian Creek, Fla., $28.32 million
- Atherton, Calif., $7.69 million
- Hunts Point, Wash., $7.01 million
- Jupiter Island, Fla., $6.85 million
- Sagaponack, N.Y., $5.95 million
- Hillsborough, Calif., $5.36 million
- Lost Altos Hills, Calif., $5.25 million
- Golden Beach, Fla., $5.17 million
- Belleair Shore, Fla., $4.96 million
- Belvedere, Calif., $4.68 million