Alaska

Alaska’s median sale price: $358,900
Alaska’s median sale price to household income: 6.1

Alaska is the largest state in the United States by area, comprising a total area of more than the three largest states, Texas, California, and Montana combined, and the 7th largest subnational division in the world.

It’s the 3rd least populated while at the same time the most sparsely populated state. Approximately half of Alaska’s residents live within the Anchorage metropolitan area.

Worth mentioning is that oil was discovered at Prudhoe Bay in 1968, and the Trans-Alaska Pipeline was finished in 1977. This resource has since contributed to about 90 percent of this expensive state’s economy.