California Home Prices Soar Past $900K for First Time

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Source: KABC-TV
California Home Prices Soar Past $900K for First Time
Photo: KABC-TV
TL;DR Summary

For the first time, the median price for a home in California has surpassed $900,000, marking an 11% increase from last year. If this trend continues, the median price could exceed $1 million by next year. Modesto is the most affordable large city in California, ranking 87th on a national list, while Los Angeles ranks 98th. Knoxville, Tennessee, is the cheapest major city to live in the U.S.

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