Whether you’re looking to move house thanks to the fact that you can now work remotely (lucky you!), or just want to explore a second home for you and your family, it can be hard to know where to start. While, yes, you could absolutely look at median home prices by state, they likely run the gamut when it comes to home prices depending on where you choose to buy: Los Angeles prices, for example, will be very different in comparison. to homes in San Francisco, which is why it makes more sense to search for specific counties when you’re trying to find a home. After all, that gives you a clearer view of the price of a house there, and you can see if the places you want to live in really fit your budget.
According to Amanda Pendleton, a home trends expert at Zillow, a combination of low inventory coupled with high demand may have led to higher prices in several places that used to be just vacation home destinations, but with increased work remote, vacation homes are getting more attention than ever. “We found that listings in vacation areas got a higher proportion of pageviews and ‘favorites’ than the typical US listing,” she says. “The number of vacation towns with a higher proportion of ‘favorites’ per listing has nearly tripled since the start of the pandemic.”
Not surprisingly, this has also affected the list of the richest counties in the United States, and honestly, you may be quite surprised at what the cut made. Below, check out the 10 richest counties in the US, where buying a home will cost you well into the millions of dollars.
10 Richest Counties in the U.S.
1. Nantucket, MA
Nantucket County has always had some of the most expensive real estate in the country, but home values increased even more during the pandemic,” says Pendleton. “Nantucket County home values increased 11.1% over the past year and 31.1% since before the pandemic in 2019. Strong demand coupled with tight supply has contributed to that growth and , early in the pandemic, Nantucket County became one of the top three counties in the country with the highest proportion of vacation home mortgage applications.” I can’t say we’re too surprised, though: Cape Cod is pretty much one of the dreamiest vacation destinations out there, with gorgeous dune beaches, high-end restaurants, and the most impressive cobblestone streets. Why wouldn’t you want to live there?
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2. San Miguel, CO
San Miguel in Colorado is a stunning mountain town, and you’d be hard-pressed to find a place with more attractions: think Telluride Ski Resort, Black Bear Pass, and Alpine Chapel, all close by to give you a big dose of nature. and Culture. It’s no wonder prices in San Miguel County are in the $4 million range, with so much to see and do!
3. Teton, WY
With tons of ice rinks, snow-capped mountains, and the iconic Teton National Park, those who love the outdoors flock to Teton County for a truly exciting getaway. While most people would assume it’s a vacation destination, working in the mountains would be a pretty good deal if you could do it. See the article : Germany ‘on brink of recession’ as gas shortage fears hit confidence – Business Live. And in homes going for nearly three and a half million, we’re clearly not the only ones who see the appeal.
4. Dukes, MA
Martha’s Vineyard has always been known as one of the richest (and most beautiful) places in America, and the median home price of over $3 million definitely proves it: think 19 incredible beaches; unique little shops; an incredible collection of spirits; and the famous Flying Horse Carousel. It’s the last stop in Dukes County, which is why prices there have skyrocketed. This may interest you : Why now is the best time to book vacation air travel. “Zillow’s research found that the typical home in 18 of the 20 most popular vacation markets appreciated faster than the typical US home,” adds Pendleton, explaining the sweepstakes.
5. Blaine, ID
Those looking for a wilderness adventure will definitely find it in Blaine County, Idaho: it has many popular attractions, including Craters of the Moon National Monument and the Wood River Valley Ore Wagon Museum, so it’s well worth its hefty price tag. of $2,725,000 for a house. See the article : The state revokes, suspends licenses, certificates, registration of health care providers | Washington State Department of Health. . It’s also home to Sun Valley Ski Resort, which, if we’re being honest, draws enough.
6. Pitkin, CO
Pitkin County in Aspen is practically a dream for anyone who can afford to live there. After all, Aspen’s four mountains provide world-class amenities and skiing opportunities for beginners and veterans alike…and don’t even get us started on the wild yet welcoming après ski culture. Those looking for fun winter activities can’t get any better (or more expensive) than Aspen.
7. Kauai, HI
Hawaii topped the list as one of the most expensive states in the US, so it’s no wonder Kauai made this list. Much less crowded than bustling Honolulu, Kauai is Hawaii’s fourth largest island and is often called “the Garden Isle” due to its emerald valleys, jagged cliffs, and deep blue waters. This laid-back charm is what draws visitors and residents in droves, but less living space means demand (and prices!) are unbelievably high.
8. San Mateo, CA
Being incredibly close to Silicon Valley makes San Mateo County in high demand when it comes to buying a home, which is why the median list price is nearly $2 million, according to Pendleton. Home to more than 100,000 people, San Mateo is a bustling, vibrant community that’s ideal for young professionals looking for plenty to do. And with San Francisco so close, you’ll never be short of options for activities.
9. Napa, CA
Is it any wonder Napa made the list of the 10 richest counties? Wine Country offers a plethora of vineyards to try, tons of local shops and boutiques, beautiful countryside, and nearly perfect weather year-round. Michelin-starred restaurants, along with luxury accommodation and spas, account for the high demand for housing in the area.
10. Summit, UT
Summit County in Utah is a great ski spot that’s more rustic (compared to Aspen), but that doesn’t make it any less desirable. The nation’s largest ski area, Park City offers plenty of outdoor trails and a number of activities including snowboarding and fly fishing. It even has areas where you can picnic in peace by the mountains. It’s the perfect place to work and play, and it seems that people have certainly taken notice.
