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The median home sales price in the U.S. has hovered around $400,000 for the past few years. It spiked to $432,799 in 2022 but declined slightly in 2023, with high interest rates suppressing demand.
Based on this guideline, your household should aim for a monthly before-tax income of $10,204 — or an annual gross income of about $122,488 ($10,204 x 12) — to comfortably afford a $400,000 ...
It is 1,116 square feet and valued at around $417,000, according to Zillow.com. It was gone the next morning, and debris could be seen strewn a half mile along the beach, witnesses reported.
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