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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
State. Closing costs for home purchase (including taxes) Percentage of average home sale price (including taxes) Washington, D.C. $29,888. 3.9%. Delaware
SmartAsset ranked 2,000 of the largest U.S. zip codes based on the projected average dollar increase in home prices between August 2024 ... prices: 2%. Average home value as of 8/31/2024 ...
Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table ...
This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio, multiplied by a tax rate, and is generally an obligation of the owner of the property. Values are determined by local officials, and may be disputed by property owners.
According to Zillow, the average home price in Ohio in August 2024 was about $232,000 — nearly $130,000 less than the average price nationally. Real estate experts have taken notice.
In the United States, the average price per square foot is around $233, according to May 2024 data from the Federal Reserve Bank of St. Louis. This equates to $2,508.01 per square meter.
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).