Median selling prices
Prices for November 2018
State Name | Total Sales Median Price |
---|---|
Alabama | 133,500.00 |
Alaska | 280,399.53 |
Arizona | 241,040.00 |
Arkansas | 136,800.00 |
California | 477,000.00 |
Colorado | 351,500.00 |
Connecticut | 232,100.00 |
Delaware | 201,600.00 |
District of Columbia | 539,950.00 |
Florida | 220,000.00 |
Georgia | 185,000.00 |
Hawaii | 580,000.00 |
Idaho | 242,136.25 |
Illinois | 172,000.00 |
Indiana | 162,500.00 |
Iowa | 130,000.00 |
Kansas | 193,383.00 |
Kentucky | 139,000.00 |
Louisiana | 168,545.00 |
Maine | 214,823.00 |
Maryland | 279,000.00 |
Massachusetts | 380,000.00 |
Michigan | 135,050.00 |
Minnesota | 209,900.00 |
Mississippi | 177,500.00 |
Missouri | 164,758.75 |
Montana | 250,000.00 |
Nebraska | 159,000.00 |
Nevada | 289,999.50 |
New Hampshire | 236,000.00 |
New Jersey | 278,000.00 |
New Mexico | 205,875.00 |
New York | 298,000.00 |
North Carolina | 192,000.00 |
North Dakota | 189,900.00 |
Ohio | 128,933.00 |
Oklahoma | 125,000.00 |
Oregon | 310,000.00 |
Pennsylvania | 160,000.00 |
Rhode Island | 255,000.00 |
South Carolina | 179,275.00 |
South Dakota | 167,000.00 |
Tennessee | 164,700.00 |
Texas | 233,000.00 |
Utah | 310,625.00 |
Vermont | 190,250.00 |
Virginia | 250,000.00 |
Washington | 335,160.00 |
West Virginia | 123,600.00 |
Wisconsin | 159,000.00 |
Wyoming | 233,585.00 |
The Western states remained the most expensive part of the country to buy a home at the end of 2018.1 Hawaii (median price of $580,000), California ($477,000) and Colorado ($351,500) led the pack. This may indicate that inventory is not keeping up with demand. It remains uncertain if that will change as five-year projections show Nevada may become the seventh Western state with a median home price over $300,000 by 2023.
Homes in many states in the Midwest, Southeast and the Plains are below $200,000. The two most affordable states, possibly due to low demand, are West Virginia ($123,600) and Oklahoma ($125,000). Nationally, the median home price is $222,000.
1Source data: CoreLogic®
Data date: 2/14/19
Disclosure content: This publication is provided for your convenience and information only.
Bank of America, N.A., assumes no liability for loss or damage as a result of your reliance on information in this publication. Photos are for illustration purposes only and are not to be construed as an endorsement of a particular product or company. Unless expressly disclosed otherwise, Bank of America, N.A. is not affiliated with or responsible for the products or services of any company that may be mentioned or depicted in this publication. Our goal is for the contents of this publication to be accurate as of the date this issue was printed. However, we do not guarantee that any content is accurate or complete.