50 Cities With the Highest Mortgage Balances in 2025 — 23 Are in California

3 hours ago 2

Emily Fowler

Sun, November 16, 2025 astatine 4:42 PM CST 5 min read

Costs successful wide are climbing crossed the country, and mortgages are often already a important chunk of people’s monthly budgets.

According to Experian, determination are 67 cities wherever the mean owe is $1 cardinal oregon more, up from 47 successful 2024 and 23 successful 2023. Out of the apical 50 of those 67, California dominates, taking up astir fractional of the spots connected the list. Florida besides shows up precocious connected the list, making up the apical five, though successful full determination are less than 10 Florida locations successful the apical 50.

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Even though immoderate of these “cities” are tiny towns, villages oregon backstage communities, Experian counts them each arsenic cities successful its data. Here are the the apical 50 cities with the highest owe balances successful 2025.

Also spot 25 places successful the U.S. wherever lone the affluent tin spend a home.

Average owe balance: $3,627,594
Average location value: See editor’s note

Check Out: Salary Needed To Achieve the American Dream successful the 50 Largest Cities

Average owe balance: $3,206,007
Average location value: $2,557,915

Average owe balance: $2,969,951
Average location value: $7,323,510

Average owe balance: $2,620,156
Average location value: $1,204,699

Average owe balance: $2,585,199
Average location value: $624,700

Average owe balance: $2,487,787
Average location value: $5,207,186

Average owe balance: $2,149,578
Average location value: $4,997,562

Average owe balance: $2,137,851
Average location value: $7,543,077

Average owe balance: $2,016,164
Average location value: $8,256,826

Average owe balance: $1,977,857
Average location value: $7,355,433

Average owe balance: $1,885,057
Average location value: $1,891,500

Average owe balance: $1,820,562
Average location value: $2,204,098

Average owe balance: $1,805,838
Average location value: $2,046,348

Average owe balance: $1,716,991
Average location value: $3,152,175

Average owe balance: $1,714,070
Average location value: $3,060,726

Average owe balance: $1,703,147
Average location value: $4,068,665

Average owe balance: $1,658,100
Average location value: $2,043,443

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