A new map highlights which U.S. college towns have the highest home prices, revealing that cities with prominent universities often come with costly real estate markets. According to the report, Palo Alto, California—home to Stanford University—boasts a median home price of $3.1 million, topping the list of most expensive college towns. Other pricey locations include Cambridge, Massachusetts (Harvard and MIT), and Boulder, Colorado (University of Colorado Boulder), both with median home prices well above the national average. Several factors contribute to soaring home costs in these college towns, including a steady demand from students, faculty, and staff, limited available land, and strong local economies fueled by innovation and technology. While these vibrant communities offer cultural amenities and educational opportunities, the high prices present challenges for first-time buyers and renters hoping to settle near major universities. Read the original Arizona home sales article.
Map Reveals America’s Priciest College Towns: Stanford, Harvard, and More with Homes Over $3 Million
