Market

The most expensive and affordable states to buy a house, ranked

Posted On: Aug 18, 2018   |   Posted By: Business Insider

The most expensive and affordable states to buy a house, ranked

Buying a house has become more expensive than ever - home prices have increased significantly since the 1960s, when the median price of a home was less than $100,000 in today's dollars.
Today, the median home listing price in the US is nearly $280,000, according to Zillow , but that varies by state.
We ranked the most affordable and most expensive places to buy a house according to median listing price.
In today's housing market , where you may have to save as long as ten years to afford a down payment , buying a house is a big deal.
The cost to buy a home has increased significantly since the 1960s, when the median price of a home was $11,900, or $96,681, when adjusted for inflation, according to a Student Loan Hero report. Today, the median home listing price in the US is $279,500, according to Zillow .
But that number can vary depending on where you buy a home. Using data from Zillow , we took a look at the median home listing price in every state, including Washington, DC.
Coastal states, such as...

Continue reading ...

 






The last Posts from Business Insider



Authorities: Syrian national arrested after making plans to attack...

Authorities: Syrian national arrested after making plans to attack Pittsburgh church

The man was planning an attack in the name of ISIS, authorities said. Read more ...

Capt. 'Sully' criticizes Boeing, says pilots need practice on simulators...

Capt. 'Sully' criticizes Boeing, says pilots need practice on simulators before flying 737 Max jets

Sullenberger, a U.S. Airways pilot in 2009 when he safely landed an Airbus jet on New York's Hudson River after bird strikes knocked out the engines, said all 737 Max pilots... Read more ...

EPA rolls back Obama-era plan limiting coal-fired power plant emissions

EPA rolls back Obama-era plan limiting coal-fired power plant emissions

The Environmental Protection Agency on Wednesday said states can set their own carbon emissions standards for coal-fired power plants - a rule that the agency itself says could... Read more ...

Jurors reach verdict in Nxivm ‘sex cult' leader Keith Raniere's trial

Jurors reach verdict in Nxivm ‘sex cult' leader Keith Raniere's trial

Jurors in the Nxivm trial have reached a verdict Wednesday. The panel of four women and eight men sent a note during their lunch break saying they reached a unanimous decision... Read more ...

Hope Hicks won't answer questions about the White House in congressional...

Hope Hicks won't answer questions about the White House in congressional interview

White House attorneys are objecting to all questions related to the White House, Democrats say, all the way down to where Hicks sat in the West Wing. Read more ...

'Hot weather means hot pavement!': Experts warn owners after dog's pads burn...

'Hot weather means hot pavement!': Experts warn owners after dog's pads burn off during walk

"Olaf walked over a mile on the Fish Trap Trail before his owner realized his pads were burned, and even then he wasn't whining or limping!" Read more ...

David Ortiz's lawyer slams affair claims, says former slugger has ‘no enemies'

David Ortiz's lawyer slams affair claims, says former slugger has ‘no enemies'

The lawyer for David Ortiz says the former Red Sox slugger “is innocent in what happened” to him in the Dominican Republic - and denied rumors that an extramarital affair... Read more ...

FBI assisting Dominican government in investigation of tourist deaths

FBI assisting Dominican government in investigation of tourist deaths

Officials in the Dominican Republic or the U.S. have not said the deaths are connected. Read more ...

People in water at Myrtle Beach unaware of sharks lurking inches away

People in water at Myrtle Beach unaware of sharks lurking inches away

Terrifying photos show sharks just inches away from people standing in the water. Read more ...

VAR controversy once again as Argentina penalty sees Scotland crash out of...

VAR controversy once again as Argentina penalty sees Scotland crash out of Women's World Cup

A last minute penalty and VAR proved to be a recipe for disaster as Argentina fought back from 3-0 down to draw with Scotland. Read more ...