Housing Costs by State

Map

Table

Introduction

Owning a home is a crucial part of coming into adulthood and is often considered as an indicator of success. This is generally because owning housing has gradually become more and more expensive, so having the financial means to do so is something one can be proud of. 

The cost of home ownership generally varies on a state-by-state basis and is closely linked to the level of median income a state has. This is because households with a higher median income are more likely to purchase a home, and so house prices generally match this trend. There are notable exceptions to this rule, however, as house prices can be much higher in cities, and often vary from neighborhood to neighborhood. 

When considering housing costs, you must also take into account the number of square feet that your budget will net you, and as previously mentioned, the location of the house within the state you are looking to move to/reside in. 

If you would like to learn more about housing costs by state, please refer to the data in the charts.

#StateAverage Home ValueMedian Home PriceHome ValueMedian Rent Price
1Hawaii$740,097$715,900$417,767$1,651
2California$675,063$843,800$411,963$1,586
3District of Columbia$666,990$406,475$1,607
4Washington$518,215$668,400$347,311$1,337
5Massachusetts$514,230$604,200$333,378$1,336
6Colorado$490,123$624,000$332,062$1,335
7Utah$471,970$575,100$347,016$1,090
8Oregon$453,856$527,600$321,006$1,173
9Idaho$428,378$521,200$294,707$887
10New Jersey$406,423$454,500$252,282$1,368
11Rhode Island$373,094$429,200$281,162$1,031
12Nevada$369,138$465,000$265,439$1,159
13Montana$368,496$224,354$836
14Maryland$366,162$416,800$224,163$1,415
15New Hampshire$364,831$434,100$240,881$1,145
16New York$359,173$559,900$164,003$1,315
17Arizona$357,967$471,300$248,835$1,097
18Virginia$338,714$447,500$197,895$1,257
19Connecticut$316,225$368,900$207,917$1,201
20Maine$314,191$348,600$186,679$873
21Delaware$309,966$323,100$205,944$1,150
22Vermont$304,539$365,100$194,678$999
23Alaska$302,960$371,500$187,476$1,240
24Minnesota$301,470$349,000$193,236$1,010
25Florida$298,669$410,400$187,120$1,218
26Wyoming$291,215$190,733$853
27South Dakota$262,373$312,700$170,999$761
28North Carolina$258,377$360,900$146,271$932
29North Dakota$255,566$169,867$828
30Texas$255,023$389,100$151,418$1,082
31Georgia$252,762$376,700$146,226$1,042
32New Mexico$250,102$518,300$162,681$857
33Tennessee$239,612$402,600$126,053$897
34Pennsylvania$237,674$290,700$136,144$958
35Wisconsin$236,227$278,900$147,811$872
36Illinois$233,443$286,800$128,041$1,038
37South Carolina$231,270$370,800$131,555$918
38Nebraska$220,718$279,900$130,894$857
39Michigan$207,493$249,100$109,207$892
40Missouri$202,083$251,900$114,580$843
41Indiana$192,337$245,300$111,984$844
42Louisiana$190,229$266,000$104,542$876
43Kansas$189,032$298,100$93,675$863
44Ohio$187,162$236,700$105,633$825
45Alabama$179,358$295,900$85,984$811
46Iowa$177,976$265,700$97,848$806
47Kentucky$176,324$256,700$92,450$783
48Arkansas$157,696$251,900$76,758$760
49Oklahoma$157,233$242,500$77,737$818
50Mississippi$146,876$257,300$78,781$789
51West Virginia$126,115$291,300$62,107$732

Average Home Value by State

Alabama

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Average Home Value

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$179,358

Ranked in the US

#45

$295,900

Ranked in the US

#32

$85,984

Ranked in the US

#5

Ranked in the US

#45

Average Home Value

Median Home Price

Home Value

Median Rent Price

Alaska

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$302,960

Ranked in the US

#23

$371,500

Ranked in the US

#22

$187,476

Ranked in the US

#29

Ranked in the US

#11

Average Home Value

Median Home Price

Home Value

Median Rent Price

Arizona

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$357,967

Ranked in the US

#17

$471,300

Ranked in the US

#11

$248,835

Ranked in the US

#39

Ranked in the US

#18

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Median Home Price

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Median Rent Price

Arkansas

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$157,696

Ranked in the US

#48

$251,900

Ranked in the US

#42

$76,758

Ranked in the US

#2

Ranked in the US

#50

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Median Home Price

Home Value

Median Rent Price

California

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$675,063

Ranked in the US

#2

$843,800

Ranked in the US

#1

$411,963

Ranked in the US

#50

Ranked in the US

#3

Average Home Value

Median Home Price

Home Value

Median Rent Price

Colorado

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$490,123

Ranked in the US

#6

$624,000

Ranked in the US

#4

$332,062

Ranked in the US

#45

Ranked in the US

#8

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Median Home Price

Home Value

Median Rent Price

Connecticut

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$316,225

Ranked in the US

#19

$368,900

Ranked in the US

#24

$207,917

Ranked in the US

#35

Ranked in the US

#13

Average Home Value

Median Home Price

Home Value

Median Rent Price

Delaware

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$309,966

Ranked in the US

#21

$323,100

Ranked in the US

#29

$205,944

Ranked in the US

#34

Ranked in the US

#16

Average Home Value

Median Home Price

Home Value

Median Rent Price

District of Columbia

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$666,990

Ranked in the US

#3

$406,475

Ranked in the US

#49

Ranked in the US

#2

Average Home Value

Home Value

Median Rent Price

Florida

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$298,669

Ranked in the US

#25

$410,400

Ranked in the US

#18

$187,120

Ranked in the US

#28

Ranked in the US

#12

Average Home Value

Median Home Price

Home Value

Median Rent Price

Georgia

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$252,762

Ranked in the US

#31

$376,700

Ranked in the US

#21

$146,226

Ranked in the US

#19

Ranked in the US

#21

Average Home Value

Median Home Price

Home Value

Median Rent Price

Hawaii

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$740,097

Ranked in the US

#1

$715,900

Ranked in the US

#2

$417,767

Ranked in the US

#51

Ranked in the US

#1

Average Home Value

Median Home Price

Home Value

Median Rent Price

Idaho

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$428,378

Ranked in the US

#9

$521,200

Ranked in the US

#9

$294,707

Ranked in the US

#43

Ranked in the US

#31

Average Home Value

Median Home Price

Home Value

Median Rent Price

Illinois

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$233,443

Ranked in the US

#36

$286,800

Ranked in the US

#35

$128,041

Ranked in the US

#15

Ranked in the US

#22

Average Home Value

Median Home Price

Home Value

Median Rent Price

Indiana

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$192,337

Ranked in the US

#41

$245,300

Ranked in the US

#45

$111,984

Ranked in the US

#12

Ranked in the US

#39

Average Home Value

Median Home Price

Home Value

Median Rent Price

Iowa

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$177,976

Ranked in the US

#46

$265,700

Ranked in the US

#39

$97,848

Ranked in the US

#8

Ranked in the US

#46

Average Home Value

Median Home Price

Home Value

Median Rent Price

Kansas

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$189,032

Ranked in the US

#43

$298,100

Ranked in the US

#31

$93,675

Ranked in the US

#7

Ranked in the US

#35

Average Home Value

Median Home Price

Home Value

Median Rent Price

Kentucky

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$176,324

Ranked in the US

#47

$256,700

Ranked in the US

#41

$92,450

Ranked in the US

#6

Ranked in the US

#48

Average Home Value

Median Home Price

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Median Rent Price

Louisiana

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$190,229

Ranked in the US

#42

$266,000

Ranked in the US

#38

$104,542

Ranked in the US

#9

Ranked in the US

#32

Average Home Value

Median Home Price

Home Value

Median Rent Price

Maine

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$314,191

Ranked in the US

#20

$348,600

Ranked in the US

#28

$186,679

Ranked in the US

#27

Ranked in the US

#33

Average Home Value

Median Home Price

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Median Rent Price

Maryland

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$366,162

Ranked in the US

#14

$416,800

Ranked in the US

#17

$224,163

Ranked in the US

#36

Ranked in the US

#4

Average Home Value

Median Home Price

Home Value

Median Rent Price

Massachusetts

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$514,230

Ranked in the US

#5

$604,200

Ranked in the US

#5

$333,378

Ranked in the US

#46

Ranked in the US

#7

Average Home Value

Median Home Price

Home Value

Median Rent Price

Michigan

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$207,493

Ranked in the US

#39

$249,100

Ranked in the US

#44

$109,207

Ranked in the US

#11

Ranked in the US

#30

Average Home Value

Median Home Price

Home Value

Median Rent Price

Minnesota

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$301,470

Ranked in the US

#24

$349,000

Ranked in the US

#27

$193,236

Ranked in the US

#31

Ranked in the US

#24

Average Home Value

Median Home Price

Home Value

Median Rent Price

Mississippi

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$146,876

Ranked in the US

#50

$257,300

Ranked in the US

#40

$78,781

Ranked in the US

#4

Ranked in the US

#47

Average Home Value

Median Home Price

Home Value

Median Rent Price

Missouri

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$202,083

Ranked in the US

#40

$251,900

Ranked in the US

#43

$114,580

Ranked in the US

#13

Ranked in the US

#40

Average Home Value

Median Home Price

Home Value

Median Rent Price

Montana

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$368,496

Ranked in the US

#13

$224,354

Ranked in the US

#37

Ranked in the US

#41

Average Home Value

Home Value

Median Rent Price

Nebraska

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$220,718

Ranked in the US

#38

$279,900

Ranked in the US

#36

$130,894

Ranked in the US

#16

Ranked in the US

#36

Average Home Value

Median Home Price

Home Value

Median Rent Price

Nevada

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$369,138

Ranked in the US

#12

$465,000

Ranked in the US

#12

$265,439

Ranked in the US

#41

Ranked in the US

#15

Average Home Value

Median Home Price

Home Value

Median Rent Price

New Hampshire

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$364,831

Ranked in the US

#15

$434,100

Ranked in the US

#15

$240,881

Ranked in the US

#38

Ranked in the US

#17

Average Home Value

Median Home Price

Home Value

Median Rent Price

New Jersey

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$406,423

Ranked in the US

#10

$454,500

Ranked in the US

#13

$252,282

Ranked in the US

#40

Ranked in the US

#5

Average Home Value

Median Home Price

Home Value

Median Rent Price

New Mexico

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$250,102

Ranked in the US

#32

$518,300

Ranked in the US

#10

$162,681

Ranked in the US

#23

Ranked in the US

#37

Average Home Value

Median Home Price

Home Value

Median Rent Price

New York

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$359,173

Ranked in the US

#16

$559,900

Ranked in the US

#7

$164,003

Ranked in the US

#24

Ranked in the US

#9

Average Home Value

Median Home Price

Home Value

Median Rent Price

North Carolina

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$258,377

Ranked in the US

#28

$360,900

Ranked in the US

#26

$146,271

Ranked in the US

#20

Ranked in the US

#27

Average Home Value

Median Home Price

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Median Rent Price

North Dakota

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$255,566

Ranked in the US

#29

$169,867

Ranked in the US

#25

Ranked in the US

#42

Average Home Value

Home Value

Median Rent Price

Ohio

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$187,162

Ranked in the US

#44

$236,700

Ranked in the US

#47

$105,633

Ranked in the US

#10

Ranked in the US

#43

Average Home Value

Median Home Price

Home Value

Median Rent Price

Oklahoma

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$157,233

Ranked in the US

#49

$242,500

Ranked in the US

#46

$77,737

Ranked in the US

#3

Ranked in the US

#44

Average Home Value

Median Home Price

Home Value

Median Rent Price

Oregon

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$453,856

Ranked in the US

#8

$527,600

Ranked in the US

#8

$321,006

Ranked in the US

#44

Ranked in the US

#14

Average Home Value

Median Home Price

Home Value

Median Rent Price

Pennsylvania

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$237,674

Ranked in the US

#34

$290,700

Ranked in the US

#34

$136,144

Ranked in the US

#18

Ranked in the US

#26

Average Home Value

Median Home Price

Home Value

Median Rent Price

Rhode Island

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$373,094

Ranked in the US

#11

$429,200

Ranked in the US

#16

$281,162

Ranked in the US

#42

Ranked in the US

#23

Average Home Value

Median Home Price

Home Value

Median Rent Price

South Carolina

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$231,270

Ranked in the US

#37

$370,800

Ranked in the US

#23

$131,555

Ranked in the US

#17

Ranked in the US

#28

Average Home Value

Median Home Price

Home Value

Median Rent Price

South Dakota

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$262,373

Ranked in the US

#27

$312,700

Ranked in the US

#30

$170,999

Ranked in the US

#26

Ranked in the US

#49

Average Home Value

Median Home Price

Home Value

Median Rent Price

Tennessee

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$239,612

Ranked in the US

#33

$402,600

Ranked in the US

#19

$126,053

Ranked in the US

#14

Ranked in the US

#29

Average Home Value

Median Home Price

Home Value

Median Rent Price

Texas

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$255,023

Ranked in the US

#30

$389,100

Ranked in the US

#20

$151,418

Ranked in the US

#22

Ranked in the US

#20

Average Home Value

Median Home Price

Home Value

Median Rent Price

Utah

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$471,970

Ranked in the US

#7

$575,100

Ranked in the US

#6

$347,016

Ranked in the US

#47

Ranked in the US

#19

Average Home Value

Median Home Price

Home Value

Median Rent Price

Vermont

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$304,539

Ranked in the US

#22

$365,100

Ranked in the US

#25

$194,678

Ranked in the US

#32

Ranked in the US

#25

Average Home Value

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Home Value

Median Rent Price

Virginia

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$338,714

Ranked in the US

#18

$447,500

Ranked in the US

#14

$197,895

Ranked in the US

#33

Ranked in the US

#10

Average Home Value

Median Home Price

Home Value

Median Rent Price

Washington

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$518,215

Ranked in the US

#4

$668,400

Ranked in the US

#3

$347,311

Ranked in the US

#48

Ranked in the US

#6

Average Home Value

Median Home Price

Home Value

Median Rent Price

West Virginia

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$126,115

Ranked in the US

#51

$291,300

Ranked in the US

#33

$62,107

Ranked in the US

#1

Ranked in the US

#51

Average Home Value

Median Home Price

Home Value

Median Rent Price

Wisconsin

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$236,227

Ranked in the US

#35

$278,900

Ranked in the US

#37

$147,811

Ranked in the US

#21

Ranked in the US

#34

Average Home Value

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Median Rent Price

Wyoming

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$291,215

Ranked in the US

#26

$190,733

Ranked in the US

#30

Ranked in the US

#38

Average Home Value

Home Value

Median Rent Price