Home prices are reaching a peak. Currently, 550 cities in the U.S. have home values that average $1 million or more, a Zillow report found.

Last year, 491 cities boasted average home values over $1 million. The rise in cities with high-priced homes is due to the tight housing market driving prices up.

California has the largest number of metro areas with million-dollar homes. With 210 million-dollar cities, California has more than the next five states combined. Next in line is New York, quickly followed by New Jersey, which added the most high-priced cities of any state, at 14. The only states that lost million-dollar cities were Florida, Texas and Delaware.

The cities in the table below are home to the largest number of high-priced homes in the country, with many based in California:

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