【Zillow】Gayborhood Home Premiums Top 200% in Some Markets

Gayborhoods—cultural enclaves that have long provided safety, community and belonging for LGBTQ+ people—are so in-demand that, in dozens of markets across the country, you’d pay a hefty premium to live there.

We’re talking big money; in some cases, hundreds of thousands of dollars.

Take West Palm Springs, Calif., where more than 9% of all homes are headed by same-sex couples. A typical home there costs $1.2 million—$860,300 more than a typical home in the Riverside metro area, which costs $369,200.

That 233% premium for a typical home in West Palm Springs isn’t even the largest. A Midwest gayborhood in Cleveland, also coincidentally named Riverside, carries a surcharge of nearly 294%, the largest premium among 36 metros included in Zillow’s analysis.

There are, of course, a few gayborhoods where homes are cheaper than the areas where they are located. For instance, a typical home in downtown San Jose, Calif. (the closest that area has to a gayborhood—with 1.1% of households headed by a same-sex couple), costs $341,300 (38%) less than the $895,200 price tag on a typical home citywide.

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