Housing Costs by State

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.

Typical Home Value by State

Alabama - Typical Home Value

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TYPICAL HOME VALUEhelp

$179,358

#45 in the US

MEDIAN HOME SALE PRICEhelp

$295,900

#32 in the US

BOTTOM-TIER HOME VALUEhelp

$85,984

#5 in the US

MEDIAN RENT VALUEhelp

$811

#45 in the US

Alaska - Typical Home Value

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TYPICAL HOME VALUEhelp

$302,960

#23 in the US

MEDIAN HOME SALE PRICEhelp

$371,500

#22 in the US

BOTTOM-TIER HOME VALUEhelp

$187,476

#29 in the US

MEDIAN RENT VALUEhelp

$1,240

#11 in the US

Arizona - Typical Home Value

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TYPICAL HOME VALUEhelp

$357,967

#17 in the US

MEDIAN HOME SALE PRICEhelp

$471,300

#11 in the US

BOTTOM-TIER HOME VALUEhelp

$248,835

#39 in the US

MEDIAN RENT VALUEhelp

$1,097

#18 in the US

Arkansas - Typical Home Value

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TYPICAL HOME VALUEhelp

$157,696

#48 in the US

MEDIAN HOME SALE PRICEhelp

$251,900

#42 in the US

BOTTOM-TIER HOME VALUEhelp

$76,758

#2 in the US

MEDIAN RENT VALUEhelp

$760

#50 in the US

California - Typical Home Value

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TYPICAL HOME VALUEhelp

$675,063

#2 in the US

MEDIAN HOME SALE PRICEhelp

$843,800

#1 in the US

BOTTOM-TIER HOME VALUEhelp

$411,963

#50 in the US

MEDIAN RENT VALUEhelp

$1,586

#3 in the US

Colorado - Typical Home Value

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TYPICAL HOME VALUEhelp

$490,123

#6 in the US

MEDIAN HOME SALE PRICEhelp

$624,000

#4 in the US

BOTTOM-TIER HOME VALUEhelp

$332,062

#45 in the US

MEDIAN RENT VALUEhelp

$1,335

#8 in the US

Connecticut - Typical Home Value

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TYPICAL HOME VALUEhelp

$316,225

#19 in the US

MEDIAN HOME SALE PRICEhelp

$368,900

#24 in the US

BOTTOM-TIER HOME VALUEhelp

$207,917

#35 in the US

MEDIAN RENT VALUEhelp

$1,201

#13 in the US

Delaware - Typical Home Value

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TYPICAL HOME VALUEhelp

$309,966

#21 in the US

MEDIAN HOME SALE PRICEhelp

$323,100

#29 in the US

BOTTOM-TIER HOME VALUEhelp

$205,944

#34 in the US

MEDIAN RENT VALUEhelp

$1,150

#16 in the US

District of Columbia - Typical Home Value

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TYPICAL HOME VALUEhelp

$666,990

#3 in the US

BOTTOM-TIER HOME VALUEhelp

$406,475

#49 in the US

MEDIAN RENT VALUEhelp

$1,607

#2 in the US

Florida - Typical Home Value

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TYPICAL HOME VALUEhelp

$298,669

#25 in the US

MEDIAN HOME SALE PRICEhelp

$410,400

#18 in the US

BOTTOM-TIER HOME VALUEhelp

$187,120

#28 in the US

MEDIAN RENT VALUEhelp

$1,218

#12 in the US

Georgia - Typical Home Value

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TYPICAL HOME VALUEhelp

$252,762

#31 in the US

MEDIAN HOME SALE PRICEhelp

$376,700

#21 in the US

BOTTOM-TIER HOME VALUEhelp

$146,226

#19 in the US

MEDIAN RENT VALUEhelp

$1,042

#21 in the US

Hawaii - Typical Home Value

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TYPICAL HOME VALUEhelp

$740,097

#1 in the US

MEDIAN HOME SALE PRICEhelp

$715,900

#2 in the US

BOTTOM-TIER HOME VALUEhelp

$417,767

#51 in the US

MEDIAN RENT VALUEhelp

$1,651

#1 in the US

Idaho - Typical Home Value

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TYPICAL HOME VALUEhelp

$428,378

#9 in the US

MEDIAN HOME SALE PRICEhelp

$521,200

#9 in the US

BOTTOM-TIER HOME VALUEhelp

$294,707

#43 in the US

MEDIAN RENT VALUEhelp

$887

#31 in the US

Illinois - Typical Home Value

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TYPICAL HOME VALUEhelp

$233,443

#36 in the US

MEDIAN HOME SALE PRICEhelp

$286,800

#35 in the US

BOTTOM-TIER HOME VALUEhelp

$128,041

#15 in the US

MEDIAN RENT VALUEhelp

$1,038

#22 in the US

Indiana - Typical Home Value

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TYPICAL HOME VALUEhelp

$192,337

#41 in the US

MEDIAN HOME SALE PRICEhelp

$245,300

#45 in the US

BOTTOM-TIER HOME VALUEhelp

$111,984

#12 in the US

MEDIAN RENT VALUEhelp

$844

#39 in the US

Iowa - Typical Home Value

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TYPICAL HOME VALUEhelp

$177,976

#46 in the US

MEDIAN HOME SALE PRICEhelp

$265,700

#39 in the US

BOTTOM-TIER HOME VALUEhelp

$97,848

#8 in the US

MEDIAN RENT VALUEhelp

$806

#46 in the US

Kansas - Typical Home Value

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TYPICAL HOME VALUEhelp

$189,032

#43 in the US

MEDIAN HOME SALE PRICEhelp

$298,100

#31 in the US

BOTTOM-TIER HOME VALUEhelp

$93,675

#7 in the US

MEDIAN RENT VALUEhelp

$863

#35 in the US

Kentucky - Typical Home Value

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TYPICAL HOME VALUEhelp

$176,324

#47 in the US

MEDIAN HOME SALE PRICEhelp

$256,700

#41 in the US

BOTTOM-TIER HOME VALUEhelp

$92,450

#6 in the US

MEDIAN RENT VALUEhelp

$783

#48 in the US

Louisiana - Typical Home Value

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TYPICAL HOME VALUEhelp

$190,229

#42 in the US

MEDIAN HOME SALE PRICEhelp

$266,000

#38 in the US

BOTTOM-TIER HOME VALUEhelp

$104,542

#9 in the US

MEDIAN RENT VALUEhelp

$876

#32 in the US

Maine - Typical Home Value

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TYPICAL HOME VALUEhelp

$314,191

#20 in the US

MEDIAN HOME SALE PRICEhelp

$348,600

#28 in the US

BOTTOM-TIER HOME VALUEhelp

$186,679

#27 in the US

MEDIAN RENT VALUEhelp

$873

#33 in the US

Maryland - Typical Home Value

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TYPICAL HOME VALUEhelp

$366,162

#14 in the US

MEDIAN HOME SALE PRICEhelp

$416,800

#17 in the US

BOTTOM-TIER HOME VALUEhelp

$224,163

#36 in the US

MEDIAN RENT VALUEhelp

$1,415

#4 in the US

Massachusetts - Typical Home Value

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TYPICAL HOME VALUEhelp

$514,230

#5 in the US

MEDIAN HOME SALE PRICEhelp

$604,200

#5 in the US

BOTTOM-TIER HOME VALUEhelp

$333,378

#46 in the US

MEDIAN RENT VALUEhelp

$1,336

#7 in the US

Michigan - Typical Home Value

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TYPICAL HOME VALUEhelp

$207,493

#39 in the US

MEDIAN HOME SALE PRICEhelp

$249,100

#44 in the US

BOTTOM-TIER HOME VALUEhelp

$109,207

#11 in the US

MEDIAN RENT VALUEhelp

$892

#30 in the US

Minnesota - Typical Home Value

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TYPICAL HOME VALUEhelp

$301,470

#24 in the US

MEDIAN HOME SALE PRICEhelp

$349,000

#27 in the US

BOTTOM-TIER HOME VALUEhelp

$193,236

#31 in the US

MEDIAN RENT VALUEhelp

$1,010

#24 in the US

Mississippi - Typical Home Value

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TYPICAL HOME VALUEhelp

$146,876

#50 in the US

MEDIAN HOME SALE PRICEhelp

$257,300

#40 in the US

BOTTOM-TIER HOME VALUEhelp

$78,781

#4 in the US

MEDIAN RENT VALUEhelp

$789

#47 in the US

Missouri - Typical Home Value

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TYPICAL HOME VALUEhelp

$202,083

#40 in the US

MEDIAN HOME SALE PRICEhelp

$251,900

#43 in the US

BOTTOM-TIER HOME VALUEhelp

$114,580

#13 in the US

MEDIAN RENT VALUEhelp

$843

#40 in the US

Montana - Typical Home Value

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TYPICAL HOME VALUEhelp

$368,496

#13 in the US

BOTTOM-TIER HOME VALUEhelp

$224,354

#37 in the US

MEDIAN RENT VALUEhelp

$836

#41 in the US

Nebraska - Typical Home Value

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TYPICAL HOME VALUEhelp

$220,718

#38 in the US

MEDIAN HOME SALE PRICEhelp

$279,900

#36 in the US

BOTTOM-TIER HOME VALUEhelp

$130,894

#16 in the US

MEDIAN RENT VALUEhelp

$857

#36 in the US

Nevada - Typical Home Value

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TYPICAL HOME VALUEhelp

$369,138

#12 in the US

MEDIAN HOME SALE PRICEhelp

$465,000

#12 in the US

BOTTOM-TIER HOME VALUEhelp

$265,439

#41 in the US

MEDIAN RENT VALUEhelp

$1,159

#15 in the US

New Hampshire - Typical Home Value

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TYPICAL HOME VALUEhelp

$364,831

#15 in the US

MEDIAN HOME SALE PRICEhelp

$434,100

#15 in the US

BOTTOM-TIER HOME VALUEhelp

$240,881

#38 in the US

MEDIAN RENT VALUEhelp

$1,145

#17 in the US

New Jersey - Typical Home Value

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TYPICAL HOME VALUEhelp

$406,423

#10 in the US

MEDIAN HOME SALE PRICEhelp

$454,500

#13 in the US

BOTTOM-TIER HOME VALUEhelp

$252,282

#40 in the US

MEDIAN RENT VALUEhelp

$1,368

#5 in the US

New Mexico - Typical Home Value

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TYPICAL HOME VALUEhelp

$250,102

#32 in the US

MEDIAN HOME SALE PRICEhelp

$518,300

#10 in the US

BOTTOM-TIER HOME VALUEhelp

$162,681

#23 in the US

MEDIAN RENT VALUEhelp

$857

#37 in the US

New York - Typical Home Value

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TYPICAL HOME VALUEhelp

$359,173

#16 in the US

MEDIAN HOME SALE PRICEhelp

$559,900

#7 in the US

BOTTOM-TIER HOME VALUEhelp

$164,003

#24 in the US

MEDIAN RENT VALUEhelp

$1,315

#9 in the US

North Carolina - Typical Home Value

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TYPICAL HOME VALUEhelp

$258,377

#28 in the US

MEDIAN HOME SALE PRICEhelp

$360,900

#26 in the US

BOTTOM-TIER HOME VALUEhelp

$146,271

#20 in the US

MEDIAN RENT VALUEhelp

$932

#27 in the US

North Dakota - Typical Home Value

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TYPICAL HOME VALUEhelp

$255,566

#29 in the US

BOTTOM-TIER HOME VALUEhelp

$169,867

#25 in the US

MEDIAN RENT VALUEhelp

$828

#42 in the US

Ohio - Typical Home Value

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TYPICAL HOME VALUEhelp

$187,162

#44 in the US

MEDIAN HOME SALE PRICEhelp

$236,700

#47 in the US

BOTTOM-TIER HOME VALUEhelp

$105,633

#10 in the US

MEDIAN RENT VALUEhelp

$825

#43 in the US

Oklahoma - Typical Home Value

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TYPICAL HOME VALUEhelp

$157,233

#49 in the US

MEDIAN HOME SALE PRICEhelp

$242,500

#46 in the US

BOTTOM-TIER HOME VALUEhelp

$77,737

#3 in the US

MEDIAN RENT VALUEhelp

$818

#44 in the US

Oregon - Typical Home Value

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TYPICAL HOME VALUEhelp

$453,856

#8 in the US

MEDIAN HOME SALE PRICEhelp

$527,600

#8 in the US

BOTTOM-TIER HOME VALUEhelp

$321,006

#44 in the US

MEDIAN RENT VALUEhelp

$1,173

#14 in the US

Pennsylvania - Typical Home Value

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TYPICAL HOME VALUEhelp

$237,674

#34 in the US

MEDIAN HOME SALE PRICEhelp

$290,700

#34 in the US

BOTTOM-TIER HOME VALUEhelp

$136,144

#18 in the US

MEDIAN RENT VALUEhelp

$958

#26 in the US

Rhode Island - Typical Home Value

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TYPICAL HOME VALUEhelp

$373,094

#11 in the US

MEDIAN HOME SALE PRICEhelp

$429,200

#16 in the US

BOTTOM-TIER HOME VALUEhelp

$281,162

#42 in the US

MEDIAN RENT VALUEhelp

$1,031

#23 in the US

South Carolina - Typical Home Value

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TYPICAL HOME VALUEhelp

$231,270

#37 in the US

MEDIAN HOME SALE PRICEhelp

$370,800

#23 in the US

BOTTOM-TIER HOME VALUEhelp

$131,555

#17 in the US

MEDIAN RENT VALUEhelp

$918

#28 in the US

South Dakota - Typical Home Value

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TYPICAL HOME VALUEhelp

$262,373

#27 in the US

MEDIAN HOME SALE PRICEhelp

$312,700

#30 in the US

BOTTOM-TIER HOME VALUEhelp

$170,999

#26 in the US

MEDIAN RENT VALUEhelp

$761

#49 in the US

Tennessee - Typical Home Value

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TYPICAL HOME VALUEhelp

$239,612

#33 in the US

MEDIAN HOME SALE PRICEhelp

$402,600

#19 in the US

BOTTOM-TIER HOME VALUEhelp

$126,053

#14 in the US

MEDIAN RENT VALUEhelp

$897

#29 in the US

Texas - Typical Home Value

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TYPICAL HOME VALUEhelp

$255,023

#30 in the US

MEDIAN HOME SALE PRICEhelp

$389,100

#20 in the US

BOTTOM-TIER HOME VALUEhelp

$151,418

#22 in the US

MEDIAN RENT VALUEhelp

$1,082

#20 in the US

Utah - Typical Home Value

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TYPICAL HOME VALUEhelp

$471,970

#7 in the US

MEDIAN HOME SALE PRICEhelp

$575,100

#6 in the US

BOTTOM-TIER HOME VALUEhelp

$347,016

#47 in the US

MEDIAN RENT VALUEhelp

$1,090

#19 in the US

Vermont - Typical Home Value

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TYPICAL HOME VALUEhelp

$304,539

#22 in the US

MEDIAN HOME SALE PRICEhelp

$365,100

#25 in the US

BOTTOM-TIER HOME VALUEhelp

$194,678

#32 in the US

MEDIAN RENT VALUEhelp

$999

#25 in the US

Virginia - Typical Home Value

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TYPICAL HOME VALUEhelp

$338,714

#18 in the US

MEDIAN HOME SALE PRICEhelp

$447,500

#14 in the US

BOTTOM-TIER HOME VALUEhelp

$197,895

#33 in the US

MEDIAN RENT VALUEhelp

$1,257

#10 in the US

Washington - Typical Home Value

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TYPICAL HOME VALUEhelp

$518,215

#4 in the US

MEDIAN HOME SALE PRICEhelp

$668,400

#3 in the US

BOTTOM-TIER HOME VALUEhelp

$347,311

#48 in the US

MEDIAN RENT VALUEhelp

$1,337

#6 in the US

West Virginia - Typical Home Value

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TYPICAL HOME VALUEhelp

$126,115

#51 in the US

MEDIAN HOME SALE PRICEhelp

$291,300

#33 in the US

BOTTOM-TIER HOME VALUEhelp

$62,107

#1 in the US

MEDIAN RENT VALUEhelp

$732

#51 in the US

Wisconsin - Typical Home Value

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TYPICAL HOME VALUEhelp

$236,227

#35 in the US

MEDIAN HOME SALE PRICEhelp

$278,900

#37 in the US

BOTTOM-TIER HOME VALUEhelp

$147,811

#21 in the US

MEDIAN RENT VALUEhelp

$872

#34 in the US

Wyoming - Typical Home Value

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TYPICAL HOME VALUEhelp

$291,215

#26 in the US

BOTTOM-TIER HOME VALUEhelp

$190,733

#30 in the US

MEDIAN RENT VALUEhelp

$853

#38 in the US