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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
August 2022 Median Home Value: $217,932.45. August 2023 Median Home Value: $220,663.56. Year-over-Year Percentage Change: 1.25%. Find Out: 10 Things Frugal People Always Do When They First Buy a House
To get a sense of how house prices vary by state, we combed through Redfin’s monthly housing market data as of November 2023. State. Price. Alabama. $267,100. Alaska. $350,000. Arizona. $435,300.
1987. Average home cost: $104,500. Adjusted for inflation: $277,169. Home prices jumped 13.6% this year due to inflation. dragana991/istockphoto.
1 bedroom rent by county (2021) $2,000+. $1,000. ~$500. No Data. 1 bedroom rent by year by state. Average cost of rent in the US. This article contains maps of the 40th percentile [clarification needed] cost of rent and utilities combined by state and county in the United States in 2021 according to RentData.org. [ 1][better source needed]
In January 2020, the median home price was $290,499 – nearly 45% lower than the median home price in May 2023. [9] For households earning 30% of the county's median income, most counties in the United States do not have rental housing considered affordable to at least half that income segment (one-third of 30% of median). [10]
The national indices. The S&P CoreLogic Case–Shiller U.S. National Home Price Index is a composite of single-family home price indices for the nine U.S. Census divisions. It is calculated monthly, using a three-month moving average. The S&P national index is normalized to have a value of 100 in the January 2000.
State. Closing costs for home purchase (including taxes) Percentage of average home sale price (including taxes) Washington, D.C. $29,888. 3.9%. Delaware
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