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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
San Jose, California, was the least affordable US metro region, with a median house price of $1.89 million in Q3 2024 and an income of $461,000 needed to afford a home.
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).
This is a list of U.S. states, territories, and Washington, D.C. by income.Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa, Guam, the Northern Mariana Islands and the U.S. Virgin Islands, for which the data comes from 2010, as ACS does not operate in these areas.
When considering the median home price by state, don't pass up West Virginia. The salary needed to afford a house -- just $29,240 -- makes the state one of the best bargains in the country. Wisconsin
A report said that median home sales prices have “significantly outgrown the national median sale price since June 2020” and peaked at $523,900. ... could afford the median house in 2022, and ...