Here is a list that shows one of the most expensive homes in each state. I also ran the monthly payment for fun in case the people that buy these homes use a typical mortgage like the rest of us.
Today's is MA, MI, MN, MS, and MO, sorted by highest price per square foot. Rate used is 6.68% on a 30 year term with 20% down.
Massachusetts
https://preview.redd.it/2026f9auca6h1.png?width=1024&format=png&auto=webp&s=17521bf38a1f2a60c2eeeb3e8d6b904f49b761a5
https://preview.redd.it/s7zzklkwca6h1.png?width=1024&format=png&auto=webp&s=d59049db8b9531d404d1fed7511c74f05d42d4d4
https://preview.redd.it/v2bhrupyca6h1.png?width=1024&format=png&auto=webp&s=42e6a711365ddaefef0613c2a7511df272564e2a
https://www.realtor.com/realestateandhomes-detail/18-Point-Inner-Way_Chilmark_MA_02535_M41344-30660
- Purchase price: $45,000,000
- Beds: 7
- Bathrooms: 11.5
- Living: 11,200 sqft
- Lot size: 213,444 sqft (4.90 acres)
- Monthly payment (20% down, 30-yr at 6.68%): $231,823/mo
Michigan
https://preview.redd.it/szsp7044da6h1.png?width=1024&format=png&auto=webp&s=f500e90f4061a4a6ff251ce64c8c34a5ae83647d
https://preview.redd.it/vm8q4df6da6h1.png?width=1024&format=png&auto=webp&s=06256139508feeac8e203124913db01a61851efb
https://preview.redd.it/rx4x9opjda6h1.png?width=1024&format=png&auto=webp&s=77bb27b22713c96d709cf1fd42fe2c4fda9e4883
https://www.realtor.com/realestateandhomes-detail/850-W-Bear-River-Rd_Petoskey_MI_49770_M35707-99572
- Purchase price: $13,995,000
- Beds: 5
- Bathrooms: 6.5
- Living: 14,636 sqft
- Lot size: 98,881 sqft (2.27 acres)
- Monthly payment (20% down, 30-yr at 6.68%): $72,097/mo
Minnesota
https://preview.redd.it/xcf83y8lda6h1.png?width=1024&format=png&auto=webp&s=95a659792c72dfe5999c5fe49d6271311051a81e
https://preview.redd.it/hcc10obmda6h1.png?width=1024&format=png&auto=webp&s=ae8b77702d8617000b80ff175d7dfb8865674d73
https://preview.redd.it/xos6c6xnda6h1.png?width=1024&format=png&auto=webp&s=4964b0c61bc2a15dde01c53b4f8128e4618dfb8b
https://preview.redd.it/wummxervda6h1.png?width=1024&format=png&auto=webp&s=ee80555cd05b5cfe8ed2616ef4e76dcf189c9ec9
https://www.realtor.com/realestateandhomes-detail/2770-Gale-Rd_Wayzata_MN_55391_M84408-57101
- Purchase price: $50,000,000
- Beds: 8
- Bathrooms: 11.5
- Living: 28,990 sqft
- Lot size: 348,480 sqft (8.00 acres)
- Monthly payment (20% down, 30-yr at 6.68%): $257,581/mo
Mississippi
https://preview.redd.it/298kl44eea6h1.png?width=1280&format=png&auto=webp&s=cc108b073114ab7d78ee7f003cb6ba7c5150ab2d
https://preview.redd.it/jc2k054eea6h1.png?width=1280&format=png&auto=webp&s=054c75a644878a1077900b4f3c6774240844d55d
https://preview.redd.it/7dg3u13hea6h1.png?width=1280&format=png&auto=webp&s=0b117410eb0b1d34f42b107c2f90dadfebb338e7
https://www.realtor.com/realestateandhomes-detail/11281-County-Road-468_Philadelphia_MS_39350_M95875-57032?from=srp_next
- Purchase price: $5,500,000
- Beds: 7
- Bathrooms: 10.5
- Living: 19,800 sqft
- Lot size: 100 acre
- Monthly payment (20% down, 30-yr at 6.68%): $28,130/mo
Missouri
https://preview.redd.it/58te3t7zea6h1.png?width=1024&format=png&auto=webp&s=38afd4a5a59947d4a1e0a0c9e223afae0f2249a0
https://preview.redd.it/j8535ub0fa6h1.png?width=1024&format=png&auto=webp&s=07145ceda48e7d6186a705620e0b59ee4100d905
https://preview.redd.it/s79lq314fa6h1.png?width=1024&format=png&auto=webp&s=68408ff3cbf526a937b17237c2811061af8a95da
https://www.realtor.com/realestateandhomes-detail/472-N-Winnebago-Dr_Lake-Winnebago_MO_64034_M87246-49266
- Purchase price: $9,900,000
- Beds: 5
- Bathrooms: 6.5
- Living: 12,947 sqft
- Lot size: 40,075 sqft
- Monthly payment (20% down, 30-yr at 6.68%): $51,001/mo
Here's KS-MD
Here's HI-IA
CO-GA here
AL-CA here
I write educational posts on buying your home for the first time. I even posted my homebuying book at r/NewbHomebuyer here's the book on reddit.
Originally shared by u/SamTMortgageBroker in r/NewbHomebuyer — view the original thread.