How Much the Average House Costs in Each State (2023)

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    How Much the Average House Costs in Each State (1)Sheryl Nance-Nash

    How Much the Average House Costs in Each State (2)Kelly KuehnUpdated: Nov. 28, 2022

      Owning your home is still very much a part of the American dream—but it's not cheap: The national median price is $272,446. Here's a look at the average home costs in each state in 2021.

      How Much the Average House Costs in Each State (3)Michael H/Getty Images

      What’s the average house price in each state?

      Real estate is booming right now across the United States. Mortgage rates are at historic lows, and many homebuyers want to get a mortgage at those low rates while they can. There are many places, though, where the inventory of houses doesn’t meet the demand of homebuyers—and as a result, home prices are fluctuating. Whether you want to buy a new house in your state, buy a house in a different state, or even sell your home, it’s important to know how much a home, on average, costs. Let’s take a look at the average house price in each state as of April 2021.

      How Much the Average House Costs in Each State (4)Allard One/Shutterstock

      Alabama

      The average home price is $161,377. If you’re considering a move to the state, one destination to consider is Birmingham—Zillow reports that the average cost of a house in Birmingham is a little more than $80,000.

      How Much the Average House Costs in Each State (5)Kitisak Wittayapishate/Shutterstock

      Alaska

      The state has a steady average home price of $288,234. Zillow reports that Alaska home values have increase 1.2 percent over the past year.

      How Much the Average House Costs in Each State (6)jessicakirshcreative/Shutterstock

      Arizona

      The average home price is $319,888—a whopping 17.7 percent increase over the past year. Phoenix, in particular, has one of the hottest housing markets as of April 2021.

      How Much the Average House Costs in Each State (7)RaksyBH/Shutterstock

      Arkansas

      The average home price is $142,225, which has gone up 7.3 percent from last year. You’ll find that some towns and cities have more expensive housing than others, though. For instance, Cammack Village has an average home price of $226,804, Tontitown has an average home price of $272,446, and Elm Springs has an average home price of $346,645.

      RELATED: The Strangest House in Each State

      How Much the Average House Costs in Each State (8)divanov/Shutterstock

      California

      Zillow says the average house price in California is $635,055, a 10.9 percent increase from last year. Certain cities, though, have higher average home prices. The average house price in Los Angeles is $826,566, and in Malibu the average home price is more than $3.4 million. If you’re looking for more affordable options in California, Eureka has an average house price of $329,525 and Sacramento has an average house price of $410,061.

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      How Much the Average House Costs in Each State (9)Henryk Sadura/Shutterstock

      Colorado

      The average purchase price is$449,182, a 9.6 percent increase from last year. Notable cities include Colorado Springs, which has an average home price of $363,972 (an impressive 15.4% increase from last year), Federal Heights, which has an average home price of $336,436, and Denver, which has an average home price of $505,516.

      How Much the Average House Costs in Each State (10)Stuart Monk/Shutterstock

      Connecticut

      The average house price in Connecticut is $294,046, a 13.1 percent increase over the past year. NBC Connecticut reports that, like many states in America right now, Connecticut is starting to face an inventory shortage. That means there isn’t enough supply (houses) to meet the demand (prospective homebuyers). This can make it tough for homebuyers to find the right property at the right price, especially if they don’t act fast.

      How Much the Average House Costs in Each State (11)Jon Bilous/Shutterstock

      Delaware

      The average price for a home in Delaware is $285,750, up 10.3 percent over the past year. Some cities to look into include Claymont, which has an average home value of $244,484, Wyoming, which as an average home price of $202,479, and Ocean View, which has an average home price of $369,740.

      (Video) Average Income By State

      How Much the Average House Costs in Each State (12)Andrea Izzotti/Shutterstock

      District of Columbia

      Ouch: The average purchase price is $672,910, a 3.1 percent increase from last year. Be prepared to face a tight real estate market if you want to live in D.C. Pick where you want to live wisely—the average cost of a house in Georgetown is more than $1.3 million, whereas the average price in Logan Circle is $641,571.

      How Much the Average House Costs in Each State (13)Mark Winfrey/Shutterstock

      Florida

      The Sunshine State has an average home value of $273,094, a 9.3 percent increase from last year. The weather isn’t the only thing that’s hot in Florida—the real estate market is hot due to low mortgage rates, high demand for homes, and a limited supply of houses.

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      How Much the Average House Costs in Each State (14)Paul Brennan/Shutterstock

      Georgia

      Home to Hotlanta, the average house price for the state is $228,599—a 9.9 percent increase from last year. Homes in Atlanta, on average, are going for $313,818, while homes in Savannah are going for $198,625.

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      How Much the Average House Costs in Each State (15)Robynrg/Shutterstock

      Hawaii

      The average home price is $689,945, a 5.5 percent increase from last year. The reality is that if you want to live in paradise, be ready to pay the price. The cost of living is high since nearly every consumer good has to be imported from the mainland. But hey, the beaches are fantastic and free.

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      How Much the Average House Costs in Each State (16)Henryk Sadura/Shutterstock

      Idaho

      In Idaho, the average house price is $359,546—a massive 20.9 percent increase over the past year. Why the huge increase? According to Rocket Homes, it’s because people want to ditch the city life and move to more affordable (and less crowded) areas in the Midwest. Boise, in particular, has seen an incredible boom—the average house price in the city is $437,814, which has gone up 28 percent since last year. No wonder why it’s become one of the hottest housing markets in the United States.

      How Much the Average House Costs in Each State (17)stevegeer/Getty Images

      Illinois

      The average home price in Illinois is $223,455, which has gone up 7.1 percent over the past year. The average house price in Chicago is $285,579, whereas a home in Clarendon Hills is going for $508,973 on average. If you’re thinking about a move to the Windy City, act fast—the market in the Chicago area is hot right now.

      RELATED: The Surprising Reason Chicago Is Called the “Windy City”

      How Much the Average House Costs in Each State (18)Thomas Barrat/Shutterstock

      Indiana

      Talk about a state where you can live well on less: The average home costs $174,901 but the cost of living is nearly 18 percent below the U.S. average, according to Best Places. If you want to buy a house in Indiana, take some time to research Indianapolis. There is a revitalized downtown, with new restaurants and shops popping up all over.

      How Much the Average House Costs in Each State (19)Jesse Kunerth/Shutterstock

      Iowa

      If you want to buy a house in the Hawkeye State, expect to see homes hover around $161,290. Iowa has a couple of perks, including its unemployment rate and affordability. Best Places reports that Iowa has a 2.7 percent unemployment rate (below national average), and the cost of living is 16.3 percent lower than the United States average.

      How Much the Average House Costs in Each State (20)Lisa Eastman/Shutterstock

      Kansas

      With an average house price of $169,388 (an 8.8 percent increase from last year), Kansas is a contender one of the most affordable places to live in the United States. If you’re thinking of moving to the Midwest, Kansas could be a viable option to call home. The average home value for Wichita is $152,907, and Topeka has an average home price of $133,423.

      How Much the Average House Costs in Each State (21)Anne Kitzman/Shutterstock

      Kentucky

      The state has an average home price of $162,358, an eight percent increase from last year. Some key places to check out include Louisville (average home price is $196,936), Lexington (average home price is $228,092), and Villa Hills (average home price is $275,591).

      How Much the Average House Costs in Each State (22)Fotoluminate LLC/Shutterstock

      Louisiana

      With an average house price of $180,661, the state has plenty to offer—most famously, New Orleans. Just know that the vibrant city has the highest home prices in Louisiana. The average house price in New Orleans is $241,334.

      How Much the Average House Costs in Each State (23)Michael-John Wolfe/Shutterstock

      Maine

      The state has an average home price of $280,437—a 13 percent increase from last year. Coastal properties may be more expensive, but typically, the prices drop once you look inland.If you can handle the winter, Maine is hard to beat.

      (Video) Average Home Price (All 50 States)

      How Much the Average House Costs in Each State (24)Jon Bilous/Shutterstock

      Maryland

      The average home price is $346,091, a 9.7 percent increase from last year. If you’re thinking about moving to Baltimore, be prepared to find houses, on average, for $169,327. The city has plenty to offer in the way of arts and culture—and crab cakes, of course. The waterfront has been restored and boasts a top-rated aquarium.

      How Much the Average House Costs in Each State (25)Spiroview Inc/Shutterstock

      Massachusetts

      If you want to live in the Bay State, be prepared for a more expensive housing market. The state’s average home price is$481,088—an 11.4 percent increase from last year. Homes tend to be more expensive the closer they are to Boston, but the prices get more reasonable if you head out to the Berkshires or the coast.

      How Much the Average House Costs in Each State (26)Kenneth Sponsler/Shutterstock

      Michigan

      The average home price in Michigan is $196,088—a 10.6 percent increase over the past year. If you’re looking at Ann Arbor, expect to see houses listed for around $408,000. If you’re looking at Grand Rapids, expect a lower average home price at $272,446. Detroit houses, on average, are going for $47,616.

      How Much the Average House Costs in Each State (27)nikitsin.smugmug.com/Shutterstock

      Minnesota

      With an average home price of $285,690, the state’s most popular place to live is in Minneapolis. Since 2010, the city’s population has grown by 8.4 percent, according to Best Places. Minneapolis has a cosmopolitan feel with mid-size town charm, and houses, on average, go for $311,977.

      How Much the Average House Costs in Each State (28)James Kirkikis/Shutterstock

      Mississippi

      The average purchase price of a home in Ole Miss is $135,743—a 5.5 percent increase from last year.You’re in the middle of history and mystery, here. Whether you’re in Biloxi or Natchez, there’s plenty to see, do, and soak up in the way of cuisine and natural beauty.

      How Much the Average House Costs in Each State (29)Gimas/Shutterstock

      Missouri

      The average purchase price of a home is $183,031—an increase of 9.8 percent compared to last year. St. Louis homes are, on average, going for $146,648. Another spot to check out is Branson—it’s a hot spot known for its music scene and over-the-top Christmas celebrations.

      RELATED: The Most Charming Small Town in Every State

      How Much the Average House Costs in Each State (30)The Adaptive/Shutterstock

      Montana

      There’s no shortage of outdoor recreation in this state, where the average price of a home is $328,826. Bozeman is thriving—since 2010, the population has grown 18.4 percent, according to Best Places. The unemployment rate is 1.8 percent, which is well below the national average.

      How Much the Average House Costs in Each State (31)Susan Law Cain/Shutterstock

      Nebraska

      With an average home price of $195,635, Nebraska is an affordable place to settle down. If you want a home in Omaha, expect to pay around $221,098. Homes in Lincoln go for around the same price ($221,206). Housing inventory is pretty tight in Nebraska, though, so expect it to be a seller’s market.

      How Much the Average House Costs in Each State (32)Robynrg/Shutterstock

      Nevada

      The average house price in Nevada is $338,426, a 9.3 percent increase compared to last year. If you want to live in the City of Lights (Las Vegas), expect to pay an average of $314,433 for a house. If you’re looking into Reno, expect to pay more—the average cost of a house there is $463,264, which has increase an impressive 14.1 percent over the past year.

      How Much the Average House Costs in Each State (33)Robert Crum/Shutterstock

      New Hampshire

      From the Presidential Range to the beaches, the Granite State has a lot to offer, so be prepared to pay a little more if you want to live here. The average home price is $338,281, which has increased 13.4 percent compared to last year. While the pace of the cities here feels manageable, you get big city amenities. The long winters and high property taxes may be the only complaints.

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      How Much the Average House Costs in Each State (34)Gary C. Tognoni/Shutterstock

      New Jersey

      The average house price in the Garden State is $382,096, up 11.5 percent from last year. New Jersey competes with its notable neighbor by offering livable towns, beautiful beaches, and plenty of open space. It does have a higher sales tax, though, at 6.625 percent.

      How Much the Average House Costs in Each State (35)Brent 1/Shutterstock

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      New Mexico

      This popular vacation destination has an average home price of $232,164 if you’re thinking about staying. Everyone knows about the charms of Santa Fe and Taos, but Albuquerque is reinventing itself—the average home price in Albuquerque is $243,300, up 13.5 percent from last year. The surrounding mountains provide a backdrop that never gets old.

      How Much the Average House Costs in Each State (36)USGirl/Getty Images

      New York

      You might be surprised to hear that the average purchase price of a home is $353,068 in this state, but that obviously falls way below the cost in the five boroughs. Living near or in New York City demands a high salary. For that, you get access to the world’s best food, arts, culture, and entertainment. If you’re looking for more affordable areas, you can look at areas in central New York, upstate New York, and western New York.

      How Much the Average House Costs in Each State (37)AlexLinck/Shutterstock

      North Carolina

      People are heading to this state for a good reason—the average house price is $231,166. Raleigh and Charlotte are mid-sized cosmopolitan cities, with arts, culture, and a lower cost of living compared to bigger cities like New York. Plus, you can head to the coast and get a taste of beach life.

      How Much the Average House Costs in Each State (38)Ace Diamond/Shutterstock

      North Dakota

      The average price of a home in Nebraska is $240,841—a 3.2 percent increase from last year. Fargo has all the cultural benefits of a college town plus it boasts plenty of green space. The cost of living is below the national average, according to Best Places, and it can be a good place to live as long as you can handle the winter.

      How Much the Average House Costs in Each State (39)Denise Kappa/Shutterstock

      Ohio

      The average price of a home in Ohio is $170,492—an 11 percent increase over the last year.Ohio cities like Cincinnati and Columbus have reinvented themselves, morphing into meccas for arts, culture, and cuisine. Millennials, in particular, are taking a liking to them. The lower cost of living means more money for fun.

      How Much the Average House Costs in Each State (40)Svineyard/Shutterstock

      Oklahoma

      The home price average of $143,173 makes Oklahoma stand out. Kids can play outdoors year-round here thanks to mild winters and 234 days of sunshine annually—well above the U.S. average.

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      How Much the Average House Costs in Each State (41)Robert Crum/Shutterstock

      Oregon

      The state’s average price of a home is up to $409,182—which has increased 10.9 percent from last year. Portlandoffers reliable public transportation, an impressive web of bike trails, and top-notch medical services. The coast, forests, and mountains space offer countless options for recreation.

      RELATED: Your Guide to an Oregon Trail Road Trip

      How Much the Average House Costs in Each State (42)Cynthia Farmer/Shutterstock

      Pennsylvania

      The average price of a home is $217,984, up more than 10.4 percent within the last year. The state is home to cities like Philadelphia and Pittsburg, so you make a day trip to either city and get your fix of history, art, and culture.

      How Much the Average House Costs in Each State (43)Jon Bilous/Shutterstock

      Rhode Island

      The average price of a home is $344,836, a 13.1 percent increase from last year.The quality of life in places like Providence and Newport is hard to beat. The tiniest state in the nation serves up plenty of big-time rewards, like a beautiful coast, lovely homes, and impressive seafood cuisine.

      RELATED: The 50 Best Family Travel Destinations In Each State

      How Much the Average House Costs in Each State (44)Jayne Chapman/Shutterstock

      South Carolina

      Although the average price of a home in South Carolina is $210,727, up 8.7 percent since last year. Some areas are more expensive than others, though—for instance, the average price for a home in Charleston is $366,358. However, the average price for a home in Columbia is $160,405, and a home in Myrtle Beach goes, on average, for $206,449. You’ll get year-round sunshine in South Carolina, and there are affordable areas to settle in.

      How Much the Average House Costs in Each State (45)Tyler Olson/Shutterstock

      South Dakota

      The average price of a home is $230,530, a 6.3 percent change since last year. Sioux Falls is the little engine that could: It feels like a small town, but its economy ticks away at a much higher pace. The area is fueled by lower cost of living, a good labor force, and business-friendly state laws, according to Best Places. Wells Fargo, Citibank, and others have large processing operations here, helping ensure job growth.

      How Much the Average House Costs in Each State (46)MilesbeforeIsleep/Shutterstock

      Tennessee

      Home to the Grand Ole Opry, Tennessee’s average home price is $212,236. Nashville draws visitors and new residents alike. The food, the country music, the low cost of living, what’s not to like?

      How Much the Average House Costs in Each State (47)Trong Nguyen/Shutterstock

      (Video) The average home price in every state — and what you get for that money

      Texas

      The average house price in Texas is $228,255—an 8.5 percent increase from last year. Some cities to consider living in are Austin, (average home price: $482,766), Dallas (average home price: $247,947), San Antonio (average home price: $205,742), and Waco (average home price: $156,417). Make sure you’re okay with the heat if you move to Texas, though—if you can handle that, The Lonestar State could be the place you lay your roots.

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      How Much the Average House Costs in Each State (48)Johnny Adolphson/Shutterstock

      Utah

      Utah has seen a large increase in the average price of a home. That price tag is now up to $408,466, up 14.8 percent over the past year. Salt Lake City’s home prices, in particular, have had an impressive increase—now, the average house of a home there is $477,165, which is up 14.6 percent from last year.

      RELATED: Your Guide to a Utah Road Trip

      How Much the Average House Costs in Each State (49)Robert Crum/Shutterstock

      Vermont

      With the average price of a home at $279,119, Vermont is more than just a great vacation spot. Lovely towns like Burlington—home to the University of Vermont—and Stowe with its incredible ski resort offer plenty. One drawback: The cost of living is 11.5 percent above the national average, according to Best Places.

      RELATED: The Best Free Tourist Attraction in Every State

      How Much the Average House Costs in Each State (50)Jeffrey M. Frank/Shutterstock

      Virginia

      The proximity to the nation’s capital helps explain the state’s average home price of $311,877. Plenty of people commute to D.C. for work from Virgina. Homes in Alexandria, which is right near D.C., go for $585,188 on average, whereas houses in Richmond go for $267,878 on average. If you want to live near the ocean, Virginia Beach homes go for $314,669 on average.

      How Much the Average House Costs in Each State (51)Artazum/Shutterstock

      Washington

      The tech boom in the Pacific Northwest has boosted the average price of a home to $478,015. Big salaries and an increase in demand have pushed up the cost of living. For instance, the average price of a home in Seattle is $816,718, whereas the price of a home in Olympia goes for $417,726. Tacoma isn’t far behind that price, with an average home price of $411,457. The Pacific Northwest is a gorgeous area, so if you’re okay with the home prices, you’ll live in a state that’s abundant with natural beauty.

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      How Much the Average House Costs in Each State (52)Joseph Sohm/Shutterstock

      West Virginia

      Here you’ll find the average price of a home runs $113,578, which has increased 5.2 percent over the last year. West Virginia is one of the most affordable places to live in the United States, and with plenty of outdoor activities to do, it’s a state to consider living in.

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      How Much the Average House Costs in Each State (53)Susan Law Cain/Shutterstock

      Wisconsin

      The word is out about this state, where the average price of a home is $216,861. The state capital, Madison, happens to also be a lovely college town and great place to call home. Homes in Madison go for around $309,919, on average. If you’re looking outside of Madison, homes in Kenosha are going for $189,372.

      RELATED: New Homeowner’s Guide

      How Much the Average House Costs in Each State (54)Construction Photography/Avalon/Getty Images

      Wyoming

      Why not Wyoming? The average price of a home is $263,166, and there are plenty of charming towns like Casper and Jackson Hole. However, according to Best Places, Wyoming jobs have decreased by 1.8 percent. However, the cost of living in Wyoming is 1.9 percent lower than the national average.

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      Sources:

      Originally Published: April 14, 2021

      How Much the Average House Costs in Each State (55)

      Kelly Kuehn

      Kelly Kuehn is an associate editor for Reader’s Digest covering entertainment, trivia and history. When she’s not writing you can find her watching the latest and greatest movies, listening to a true-crime podcast (or two), blasting ‘90s music and hiking with her dog, Ryker, throughout the Finger Lakes.

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