US Median Home Price — Historical Trends
10-year quarterly history, weighted by sales volume across all 50 states.
National
Current national median
$350K
-42.4%
1Y change
-42.4%
-26.9%
5Y change
-26.9%
+0.2%
10Y change
+0.2%
10-year median price — quarterly
Top 10 most expensive states
| # | State | Median (12mo) |
|---|---|---|
| 1 | California (CA) | $1.18M |
| 2 | Hawaii (HI) | $1.07M |
| 3 | District of Columbia (DC) | $969.6K |
| 4 | Massachusetts (MA) | $891.2K |
| 5 | New York (NY) | $808.4K |
| 6 | Colorado (CO) | $764K |
| 7 | Florida (FL) | $751.4K |
| 8 | Connecticut (CT) | $703.1K |
| 9 | Washington (WA) | $671K |
| 10 | New Jersey (NJ) | $658.2K |
Bottom 10 most affordable states
| # | State | Median (12mo) |
|---|---|---|
| 1 | U.S. Virgin Islands (VI) | $275K |
| 2 | Kentucky (KY) | $308.9K |
| 3 | Michigan (MI) | $317.4K |
| 4 | Iowa (IA) | $323K |
| 5 | Oklahoma (OK) | $323.4K |
| 6 | Indiana (IN) | $327.5K |
| 7 | North Dakota (ND) | $327.7K |
| 8 | West Virginia (WV) | $331.3K |
| 9 | Arkansas (AR) | $338.7K |
| 10 | Nebraska (NE) | $342.8K |
What this means
The US median sale price is the middle observation across every recorded SOLD transaction weighted by the number of state-level sales in each quarter. It captures shifts in mix (more high-end homes, fewer starter homes) as well as raw price growth.
Short-term swings tend to track interest rates and inventory; multi-year trends reflect wage growth, construction cycles, and demographic demand. Use the 1-, 5-, and 10-year deltas above to separate near-term noise from durable appreciation.
Methodology: aggregated from stats_state monthly rows, weighted by sales_count.
See methodology.