When it comes to the most luxurious and sought-after neighborhoods in the United States, price often speaks volumes. Using data compiled from Homes.com, we’ve compiled a list of the most expensive neighborhoods to live in the U.S. in 2024. From breathtaking views to exclusive amenities, these neighborhoods offer a lifestyle that is second to none. Let’s take a closer look at the top five most expensive neighborhoods, where the cost per square foot reaches astronomical heights.
- South of Market San Francisco, California— $5,415 per sq. foot
- Auburn, California — $4,416 per sq. foot
- Old Town Carpinteria, California — $4,129 per sq. foot
- Downtown Bellvue, Washington — $3,619 per sq. foot
- Port Royal Naples, Florida — $3,375 per sq. foot
1. South of Market, San Francisco, California — $5,415 per sq. foot
Known for its tech-savvy vibe and avant-garde culture, the South of Market (SoMa) neighborhood in San Francisco commands the highest real estate prices in the country. Renowned for its vibrant tech scene, chic lofts, and bustling nightlife, SoMa attracts entrepreneurs, artists, and urbanites alike. With its proximity to top-notch restaurants, cultural venues, and innovative companies, living in SoMa offers a dynamic and cosmopolitan lifestyle unmatched by any other neighborhood in the city.
2. Auburn, California — $4,416 per sq. foot
Nestled in the heart of the Sierra Nevada foothills, Auburn, California, exudes a rustic charm that attracts affluent buyers seeking a tranquil escape from the hustle and bustle of city life. Surrounded by lush forests, rolling hills, and scenic trails, Auburn offers residents the opportunity to indulge in outdoor activities such as hiking, horseback riding, and wine tasting in nearby vineyards. Despite its serene ambiance, Auburn is conveniently located within easy reach of Sacramento and Lake Tahoe, making it an ideal retreat for those who value both seclusion and convenience.
3. Old Town Carpinteria, California — $4,129 per sq. foot
Nestled along the picturesque coast of California, Old Town Carpinteria captures the essence of coastal living at its finest. With its charming streets, breathtaking ocean views, and proximity to Santa Barbara, Carpinteria offers residents a relaxed yet sophisticated lifestyle. Residents enjoy access to pristine beaches, upscale dining, and a vibrant arts scene. The allure of this neighborhood lies not only in its extravagant real estate prices but also in its laid-back yet sophisticated atmosphere.
4. Downtown Bellevue, Washington — $3,619 per sq. foot
Situated across Lake Washington from Seattle, Downtown Bellevue stands out as a beacon of prosperity and modernity in the Pacific Northwest. Boasting a thriving economy fueled by tech giants like Microsoft and Expedia, Bellevue attracts a diverse population of affluent professionals and families. With its gleaming skyscrapers, upscale boutiques, and renowned culinary scene, Downtown Bellevue offers a sophisticated urban lifestyle coupled with easy access to outdoor recreation opportunities in nearby parks and waterfronts.
5. Port Royal, Naples, Florida — $3,375 per sq. foot
Rounding out the list is Port Royal, an exclusive enclave nestled along the pristine shores of Naples, Florida. Renowned for its opulent waterfront estates, private yacht clubs, and world-class golf courses, Port Royal epitomizes luxury coastal living. Residents enjoy panoramic views of the Gulf of Mexico, along with access to a host of upscale amenities, including private beach clubs, tennis courts, and gourmet dining options. With its tropical climate and lavish lifestyle, Port Royal offers a serene escape for discerning buyers seeking the ultimate in waterfront living.
