Wellesley has ranked as one of the most expensive housing markets nationwide, according to a recent report.

Coldwell Banker Real Estate LLC’s Home Listing Report (HLR) found home listing prices averaged around $1.1 million in the affluent Boston suburb between February and August. Wellesley compares to the average listing price of homes in Greenwich, Conn. ($1.2 million) and Pasadena, Calif. ($1.04 million).

The HLR provides the average home listing price of more than 18,000 four-bedroom, two-bathroom properties listed on the real estate company’s website.

The most "affordable" market in the state was Springfield, with an average listing price at $142,048.

Detriot, Mich., was named the nation’s most affordable housing market, with an average home listing price of approximately $68,000.

Newport Beach, Calif., led the list of most expensive real estate markets in the nation, with an average home listing price of approximately $1.83 million for property listings.

"The HLR is a great way for people who are curious about home listing prices to get a glimpse of various markets," said Rick Loughlin, president of Coldwell Banker Residential Brokerage New England. "By reviewing the report data, people can truly recognize the local nature of real estate. Here in Wellesley, we have seen a significant increase in home sales this year compared to the prior year."

The median price of single-family homes in Wellesley has risen 2.9 percent year-over-year, according to data from The Warren Group, publisher of Banker & Tradesman.