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



Victims of the Aurora, Illinois mass shooting included a 21-year-old intern...

Victims of the Aurora, Illinois mass shooting included a 21-year-old intern who was at his first day of work

At least five people are dead after a gunman opened fire at a local manufacturing facility in Aurora, Illinois on Friday, February 15. A 21-year-old Human Resources intern, as... Read more ...

Vatican defrocks top US Cardinal Theodore McCarrick over sexual abuse...

Vatican defrocks top US Cardinal Theodore McCarrick over sexual abuse allegations

Theodore McCarrick is one of the most high-profile figures to be expelled from the Church during the sex abuse crisis that has roiled the institution Read more ...

Chicago police release 2 men questioned in 'Empire' star's attack case

Chicago police release 2 men questioned in 'Empire' star's attack case

Chicago police have released two Nigerian brothers previously arrested on suspicion of assaulting "Empire" actor Jussie Smollett. Read more ...

Tim Tebow says he advised Kyler Murray to follow his heart

Tim Tebow says he advised Kyler Murray to follow his heart

PORT ST. LUCIE, Fla. - Before picking football over baseball, Kyler Murray got some advice from another famous two-sport star. Read more ...

Orioles sign All-Star SS Alcides Escobar to minor league contract

Orioles sign All-Star SS Alcides Escobar to minor league contract

Alcides Escobar went to the All-Star game with the Royals in 2015 and won a World Series for Kansas City in the same year. Read more ...

Guy, Hunter lead No. 4 Virginia past Notre Dame, 60-54

Guy, Hunter lead No. 4 Virginia past Notre Dame, 60-54

CHARLOTTESVILLE, Va. - Kyle Guy scored 22 points, De'Andre Hunter had 20 with 10 rebounds and No. 4 Virginia withstood a late push by Notre Dame to win 60-54 on Saturday. Read more ...

Curry brothers place ‘high' stakes on 3-point contest battle

Curry brothers place ‘high' stakes on 3-point contest battle

The Curry brothers have levied a wager for their head-to-head competition in Saturday night's NBA 3-point contest: Whoever loses must buy tickets for the entire Curry family... Read more ...

Pirates name Jameson Taillon opening-day starter

Pirates name Jameson Taillon opening-day starter

Read more ...

NBA, FIBA announce plans for pro league in Africa

NBA, FIBA announce plans for pro league in Africa

CHARLOTTE, N.C. - The NBA is bringing a pro league to Africa. Read more ...

Antonio Brown takes aim at Ben Roethlisberger, Mike Tomlin in Twitter Q&A

Antonio Brown takes aim at Ben Roethlisberger, Mike Tomlin in Twitter Q&A

Steelers receiver Antonio Brown took to Twitter Saturday afternoon to air some grievances with the Steelers.  Read more ...