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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
Top 10 Most Expensive Housing Markets. San Jose, CA. Average home sale price as of 4/30/2024: $1,502,362. Price increase over one year: 12.9%. Average home sale price as of 4/30/2023: $1,330,125
Sales accelerated 6.1% compared with November last year, representing the biggest year-over-year gain since June 2021. The latest home sales topped the 4.1 million pace economists were expecting ...
The average rate on a 30-year mortgage fell to a two-year low of 6.08% in September, when likely many of the purchase contracts on homes that officially sold in October were signed.
A shortage of homes for sale has helped prop up prices, which as of last month are up 50% nationally since 2019. Mortgage rates have come down this year after the average rate on a 30-year home loan reached a 23-year high of nearly 8% in October 2023, but not nearly enough to make a difference for many would-be homebuyers.
The median national home price for all of last year edged up just under 1% to record high $389,800, the NAR said. 2023 was slowest year for US home sales in nearly 30 years as high mortgage rates ...
Home sales may have their worst year in 30 years. Sales slumped in October and prices continued to climb, as mortgage rates surged last month and inventory remained extraordinarily low.
A graph showing the "Median and Average Sales Prices of New Homes Sold in United States". It shows the annual data from 1963 through 2016. It should be noted that the sales price includes the land.