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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 ...
The homeowner vacancy rate was 3.4%; the rental vacancy rate was 7.5%. 123,863 people (64.1% of the population) lived in owner-occupied housing units and 68,948 people (35.7%) lived in rental housing units. During 2009–2013, Moreno Valley had a median household income of $54,918, with 19.5% of the population living below the federal poverty line.
A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has an HPI of 100). Methodologies commonly used to calculate an HPI are hedonic regression (HR), simple moving average (SMA), and repeat-sales regression (RSR).
The housing market has been effectively stuck since mortgage rates began their swift climb in 2022. Homeowners lucky enough to lock in rates around 3% in earlier years were suddenly reluctant to ...
In 2024, though, housing market trends broke from their usual seasonal patterns. Activity dipped over the summer, but pent-up demand fueled a fall rebound. By the year’s final quarter, the ...
The current housing market Home sale prices: The country’s median existing-home sale price in June 2024 was $426,900, according to the National Association of Realtors (NAR) — the highest ...
The California Department of Housing and Community Development (HCD) is a department within the California Business, Consumer Services and Housing Agency that develops housing policy and building codes (i.e. the California Building Standards Code), regulates manufactured homes and mobile home parks, and administers housing finance, economic development and community development programs.
ZCTAs or ZIP Code Tabulation Areas are the census equivalent of ZIP codes used for statistical purposes. The reason why regular ZIP codes are not used is because they are defined by routes rather than geographic boundaries. Thus, they have the tendency to overlap and otherwise create difficulties.
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