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



'Gut-wrenching': Video shows emotional reunion after dog gets trapped in...

'Gut-wrenching': Video shows emotional reunion after dog gets trapped in pipe for 24 hours

Volunteer firefighters rescued the miniature long-haired dachshund who had become stuck in a vertical position in a drainage pipe. Read more ...

Tech stocks sink again; Dow drops 500 points

Tech stocks sink again; Dow drops 500 points

The gloom and doom on Wall Street has wiped out the stock market's gains for the year. Read more ...

Oilers name Ken Hitchcock new head coach

Oilers name Ken Hitchcock new head coach

Hitchcock, who replaces Todd McLellan after he was fired Tuesday morning, most recently coached the Stars during the 2017-18 season. Read more ...

Police: 6-year-old girl strangled baby brother to death with seat belt as...

Police: 6-year-old girl strangled baby brother to death with seat belt as dad shopped

The girl told investigators that she was playing with her brother and got angry when he wouldn't stop crying. Read more ...

Capitals' Orpik out 4-6 weeks after knee surgery

Capitals' Orpik out 4-6 weeks after knee surgery

ARLINGTON, Va. - Veteran Washington Capitals defenseman Brooks Orpik has undergone arthroscopic surgery on his right knee and is expected to miss four to six weeks. Read more ...

Trump Says U.S. Will Remain 'Steadfast Partner' Of Saudis, Despite Khashoggi...

Trump Says U.S. Will Remain 'Steadfast Partner' Of Saudis, Despite Khashoggi Killing

President Trump says his administration will continue to stand by Saudi Arabia, despite reports that the CIA believes the Saudi crown prince approved the killing of journalist... Read more ...

Walmart wants GOP senator to return donation after ‘public hanging' joke

Walmart wants GOP senator to return donation after ‘public hanging' joke

Walmart is requesting a refund of its $2,000 donation to Republican Sen. Cindy Hyde-Smith in the race for the US Senate in Mississippi, after actress Debra Messing publicly... Read more ...

Mitchell Trubisky injury update: Bears optimistic QB can play vs. Lions

Mitchell Trubisky injury update: Bears optimistic QB can play vs. Lions

While the injury shouldn't be serious, there's concern over the amount of rest Trubisky will get on the Bear's short week. Read more ...

Bears QB Mitchell Trubisky day to day with shoulder injury

Bears QB Mitchell Trubisky day to day with shoulder injury

LAKE FOREST, Ill. - Chicago Bears quarterback Mitchell Trubisky is day to day with a right shoulder injury as the team prepares for Thursday's game against the Detroit Lions. Read more ...

Ivanka Trump used personal account for emails about government business...

Ivanka Trump used personal account for emails about government business, report says

The White House had no comment on Ivanka Trump's email practices. Read more ...