Cheapest homes, US cities · 2020
US cities with the lowest median home value (2023 ACS owner-occupied units). Park City, Illinois leads at $23,200. 6,770 cities qualify in total. Cities with fewer than 5,000 residents are excluded. Michigan carries 8 of the top 25 entries.
Flip the list · Most expensive homes, US cities →The US Census Bureau caps reported median home value at $2,000,000. Places shown as “$2,000,000+” exceed that ceiling by an amount the Census does not publish, so their exact values (and the order among them) cannot be distinguished.
UPDATED 2026-06-02 · DATA: US CENSUS BUREAU ACS 5-YEAR ESTIMATES
Frequently asked
Which city has the lowest median home value?
Park City, Illinois ranks #1 with $23,200 (2020 American Community Survey).
What are the top 5 cities by median home value?
Park City, Illinois, Zephyrhills South, Florida, Flint, Michigan, Beecher, Michigan, River Rouge, Michigan.
How many cities are in this ranking?
6,770 cities qualify after filtering for population minimums and data availability (minimum 5,000 residents). The ranking covers 2020 ACS 5-year data.
How is median home value measured?
Median value of owner-occupied homes. Source: US Census Bureau, American Community Survey 5-year estimates (2020).