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Alabama. Monthly mortgage payment: $1,200. 2024 average home value: $214,175. Yearly mortgage: $14,398. For You: I’m a Real Estate Agent: 5 Cities Where Homes Will Be the Best Bargains in 2024 ...
Average monthly mortgage with 20% down payment: $1,751 Methodology: For this study, GOBankingRates analyzed the average single-family home value in each state (as sourced from the Zillow Home ...
Difference between state and national average monthly mortgage payment: -$617 lower. Kentucky. ... Difference between state and national average monthly mortgage payment: -$575 lower.
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
For conventional loan applicants, the median monthly mortgage payment in March 2024 was $2,222, according to MBA data. For FHA loan applicants, the median monthly mortgage payment in March 2024 ...
According to Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI) data — which tracks changes in monthly mortgage payments relative to income — the states with the ...
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