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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
States with the most expensive homes Washington, D.C.: $1,195,000. While not technically a state, our nation’s capital does have some of the most expensive housing prices in the U.S. Buying a ...
These states have the most expensive hidden homeownership costs in the nation in 2024. At $25,573 annually, New Jersey has the fourth highest hidden homeownership costs in the nation in 2024 ...
According to the Federal Reserve Bank of St. Louis, the average sales price of properties sold in the U.S. in Q3 2024 was $501,100. Meanwhile, the average interest rate on a 30-year fixed-rate...
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).
The 30% rule -- that a household should spend no more than 30% of its gross income on housing costs -- has been an unwritten rule in personal finance and family budgeting. However, high mortgage ...
The state does rank No. 46 in terms of annual household income, however, part of the reason why housing values remain depressed on a national basis. Nevada. Tax rate: 0.59%. Median home value ...
A low effective tax rate of 0.84%, moderate home insurance prices of $3,461, a cost-of-living index of just 95.1 and a low median selling price of $255,400 combine to make Indiana affordable.