New York CityPopulation: 8.6 millionMedian Home Value: $587,200Most Expensive Home 2016: A penthouse at 432 Park Avenue, a newly constructed 1,396-foot tower, sold for $87.7 million in September.Local Record: $100.5 million for the penthouse at One57 in 2015
432 Park Avenue, New York City (DBOX for CIM Group/Macklowe Properties)
Los Angeles (tie)
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Population: 4 million
Median Home Value: $590,400
Most Expensive Home 2016: Daren Metropoulos, son of billionaire C. Dean Metropoulos, bought The Playboy Mansion in June for $100 million, setting a local record.
10236 Charing Cross Road, Los Angeles
Los Angeles (tie)
Population: 4 million
Median Home Value: $590,400
Most Expensive Home 2016: Billionaire Tom Gores struck a $100 million deal for newly built 301 N Carolwood Drive in October.
301 N Carolwood Drive, Los Angeles (Everett Fenton Gidley. Courtesy: Coldwell Banker Previews International)
Chicago
Population: 2.7 million
Median Home Value: $214,400
Most Expensive Home 2016: A full-floor apartment at the Waldorf Astoria sold for $11.7 million in July.
Local Record: $18.75 million for the Penthouse at Park Tower in 2015
11 E Walton Street, Chicago (Courtesy Jameson Sotheby’s International Realty)
Houston
Population: 2.3 million
Median Home Value: $174,800
Most Expensive Home 2016: A palatial 16,000 square-foot home sold in May, the final list price was $14.495 million. Texas does not require property records show sale price.
3688 Willowick Road, Chicago (Rob Muir for Sotheby’s International Realty)
Philadelphia
Population: 1.6 million
Median Home Value: $131,100
Most Expensive Home 2016: An unknown buyer agreed in June to pay $17.85 million for the penthouse at 500 Walnut, if the deal closes when the high-rise is complete next year it will be a Philly record.
5130 E Exeter Blvd, Phoenix (Courtesy Mackey Martin Group)
San Antonio
Population: 1.5 million
Median Home Value: $154,400
Most Expensive Home 2016: In February this 108-year-old estate changed hands for just the fourth time for $2.6 million.
Local Record: $3.6 million for a five bedroom sold in 2010. 701 Grandview was recently back on the market asking $6 million.
342 Terrell Road, San Antonio (Courtesy Jason Glast)
San Diego
Population: 1.4 million
Median Home Value: $542,500
Most Expensive Home 2016: In February 3403 Kellogg Way sold for $17.7 million.
Local Record: $35 million, T. Boone Pickens bought a home in Del Mar in 2007
3403 Kellogg Way, San Diego (Courtesy Catherine and Jason Barry team of Barry Estates)
Dallas
Population: 1.3 million
Median Home Value: $153,900
Most Expensive Home 2016: In January Billionaire Andrew Beal bought a 25-acre estate listed for $100 million (pictured). Then in March he bought a 6-acre estate that was asking $59.5 million. Property records do not disclose closing price.
3403 Kellogg Way, San Diego (Courtesy Catherine and Jason Barry team of Barry Estates)
DallasPopulation: 1.3 millionMedian Home Value: $153,900Most Expensive Home 2016: In January Billionaire Andrew Beal bought a 25-acre estate listed for $100 million (pictured). Then in March he bought a 6-acre estate that was asking $59.5 million. Property records do not disclose closing price.
Crespi Hicks Estate on Walnut Hill Lane, Dallas (Douglas Newby)
To find the largest sales in each city we searched listing sites such as Zillow, Trulia and Realtor.com. We confirmed closing prices with local agents and, when possible, public property records. Images come courtesy of listing agents unless otherwise noted. Population data is from the United States Census Bureau. Median home values are from Zillow.
