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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
States with the most expensive homes Washington, D.C.: $1,195,000. While not technically a state, our nation’s capital does have some of the most expensive housing prices in the U.S. Buying a ...
To find the average home price in every state, GOBankingRates used the Zillow Home Value Index to find the August 2023 and August 2022 median home value for each state. ... 5 Cities Where Homes ...
Homeowners are trimming prices to revive buyer interest, which has dropped off amid record price highs and elevated mortgage rates. The median home price fell 1.3% year-over-year, hitting $429,990.
According to Zillow, the average home price in the U.S. is $362,481, which is up 3.3% since the previous year. Zillow also reported 34.6% sales over list home prices and 46.3% under list prices.
The difference in housing costs from state to state is especially important. The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state).
Even with a lower median home sale price of $309,700, nearly 33,000 residents left the state in 2023. Illinois has stiff taxes, with a 4.95% individual rate and a 6.25% sales tax rate.
1964. Average home sale price (in year sold): $20,500 Average home sale price (in 2024): $207,211 1964 saw a continuation of more of the same from 1963. Race riots in major cities played a role in ...
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