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MoneyGeek analyzed changes in homeownership costs, home price appreciation, and median incomes from 2021 to 2023 to reveal 57 counties in the U.S. where the housing market is no longer affordable.
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 New Hampshire: $454,948 10 New York: $453,138 11 Montana: $448,238 12 Idaho ...
CORRECTION (May 23 2024, 10:31 a.m. ET): A previous version of this article misstated the national Home Buyer Index and Home Buyer Scarcity Index levels for April 2024. They are 82.4 and 84.8 ...
Last updated Jan. 31. Learn more about homebuying difficulty in most U.S. counties based on factors such as affordability, available homes, homebuying competition and economic stability.
The California Legislative Analyst's Office 2015 report "California's High Housing Costs – Causes and Consequences" estimates that for the state to have kept housing prices no more than 80% higher than the median for the U.S. as a whole (the price differential which existed in 1980, as opposed to the >150% differential which exists today ...
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).
A recent report by the nonpartisan Wisconsin Policy Forum found Dane was among six of the state’s 72 counties where housing prices were nearly five times as much as their median household income ...
The U.S. state of California is divided into 58 counties. [1] The state was first divided into 27 counties on February 18, 1850. These were further sub-divided to form sixteen additional counties by 1860. Another fourteen counties were formed through further subdivision from 1861 to 1893. The most recent county to form was Imperial County, in 1907.