The cost of housing in the United States varies greatly depending on many factors. Such as state, city, district, status of a residential building, standards and rules established by the management company, social status and average income of neighbors, state of infrastructure, for suburban areas, the presence of trailer parks in the nearest district (which will significantly reduce the cost of a square meters), or luxury cottages.
Why Americans prefer to live outside the city
Traditionally, Americans prefer to settle outside the city. But the point here is not a love of solitude and ecology. According to official statistics, the average cost of a country house 50-60 kilometers from the metropolis is about 1.5 times lower than apartments on its outskirts. Despite the fact that the living area will be almost 2 times more. Therefore, a car for every adult member of a family living outside the city in the United States is not a luxury, but a recognized necessity.
In addition, it is the weighted average cost of new private houses purchased in the country over a certain period of time that appears in statistics as a value that characterizes the quality of life in the United States, along with the median wage, unemployment rate and the amount of national debt in terms of each citizen of the country. The indicator is called «Median New Home».
The average cost of housing by US state in 2022
To understand how the cost of an average house bought during the year differs, for example , in California and Alabama, here’s a comparison table:
| State rank |
State or County | Average House Price in USD |
|---|---|---|
| 1 |  Hawaii |
$636,451 |
| — |  DC |
$626,911 |
| 2 |  California |
$554,886 |
| 3 |  Massachusetts |
$422,856 |
| 4 |  Washington |
$409,228 |
| 5 |  Colorado |
$397,820 |
| 6 |  Oregon |
$361,970 |
| 7 |  Utah |
$348,376 |
| 8 |  New Jersey |
$335,607 |
| 9 |  NEW YORK |
$321,934 |
| 10 |  Maryland |
$308,041 |
| 11 |  Nevada |
$301,753 |
| 12 |  Alaska |
$300,889 |
| 13 |  Rhode Island |
$300,808 |
| 14 |  New Hampshire |
$290,163 |
| 15 |  Idaho |
$285,982 |
| 16 |  Virginia |
$285,229 |
| 17 |  Montana |
$277,801 |
| 18 |  Arizona |
$268,765 |
| 19 |  Minnesota |
$256,857 |
| 20 |  CT |
$255,555 |
| 21 |  Vermont |
$254,234 |
| 22 |  Delaware |
$254,108 |
| 23 |  Wyoming |
$250,890 |
| 24 |  Florida |
$245,169 |
| 25 |  Maine |
$242,316 |
| 26 |  North Dakota |
$235,012 |
| 27 |  Texas |
$207,301 |
| 28 |  South Dakota |
$205,567 |
| 29 |  New Mexico |
$203,675 |
| 30 |  Illinois |
$202,675 |
| 31 |  North Carolina |
$202,215 |
| 32 |  Wisconsin |
$202,029 |
| 33 |  Georgia |
$201,294 |
| 34 |  Pennsylvania |
$194,603 |
| 35 |  Tennessee |
$185,922 |
| 36 |  South Carolina |
$185,749 |
| 37 |  Nebraska |
$175,884 |
| 38 |  Michigan |
$173,277 |
| 39 |  Louisiana |
$166,565 |
| 40 |  Missouri |
$162,464 |
| 41 |  Indiana |
$155,640 |
| 42 |  Iowa |
$152,885 |
| 43 |  Kansas |
$150,657 |
| 44 |  Ohio |
$150,374 |
| 45 |  Kentucky |
$146,871 |
| 46 |  Alabama |
$138,975 |
| 47 |  Oklahoma |
$128,934 |
| 48 |  Arkansas |
$128,101 |
| 49 |  Mississippi |
$126,502 |
| 50 |  West Virginia |
$108,236 |
How much does a house cost in the US 2022
The cost of the Median New Home on the scale of the United States over the past ten years by months is shown in the table below. From it it is clear that during this period the price has almost doubled. At the same time, the number of objects offered for sale increased in a slightly smaller proportion (last column).
| Date (Month) | Median Price (USD) | Average Price (USD) | Number of New Homes For Sale (Inventory) at Month’s End |
| February, 2022 | $423,300 | $496,900 | 403 |
| January , 2022 | $413,700 | $491,700 | 401 |
| December, 2021 | $395,500 | $482,300 | 398 |
| November, 2021 | $425,300 | $486,000 | 398 |
| October, 2021 | $427,300 | $487,700 | 387 |
| September, 2021 | $413,200 | $470,600 | 381 |
| August, 2021 | $404,300 | $470,000 | 380 |
| July, 2021 | $406,000 | $462,100 | 364 |
| June, 2021 | $374,700 | $431,900 | 350 |
| May, 2021 | $390,400 | $445,300 | 327 |
| April, 2021 | $376,600 | $434,800 | 315 |
| March, 2021 | $359,600 | $414,700 | 305 |
| February, 2021 | $362,000 | $407,500 | 303 |
| January, 2021 | $373,200 | $418,600 | 300 |
| December, 2020 | $365,300 | $401,700 | 302 |
| November, 2020 | $350,800 | $396,100 | 290 |
| October, 2020 | $346,900 | $394,600 | 284 |
| September, 2020 | $344,400 | $405,100 | 286 |
| August, 2020 | $325,500 | $386,300 | 283 |
| July, 2020 | $329,800 | $379,100 | 290 |
| June, 2020 | $341,100 | $382,200 | 299 |
| May, 2020 | $317,100 | $368,700 | 308 |
| April, 2020 | $310,100 | $360,300 | 321 |
| March, 2020 | $328,200 | $375,400 | 328 |
| February, 2020 | $331,800 | $386,200 | 326 |
| January, 2020 | $328,900 | $384,000 | 329 |
| December, 2019 | $329,500 | $377,700 | 327 |
| November, 2019 | $328,000 | $384,400 | 325 |
| October, 2019 | $322,400 | $380,300 | 324 |
| September, 2019 | $315,700 | $372,100 | 322 |
| August, 2019 | $327,000 | $392,700 | 325 |
| July, 2019 | $308,300 | $373,500 | 327 |
| June, 2019 | $311,800 | $361,900 | 326 |
| May, 2019 | $312,700 | $379,100 | 334 |
| April, 2019 | $339,000 | $385,400 | 330 |
| March, 2019 | $310,600 | $372,700 | 331 |
| February, 2019 | $320,800 | $383,600 | 340 |
| January, 2019 | $305,400 | $361,100 | 349 |
| December, 2018 | $329,700 | $381,800 | 348 |
| November, 2018 | $308,500 | $367,100 | 341 |
| October, 2018 | $328,300 | $394,900 | 335 |
| September, 2018 | $328,300 | $386,400 | 326 |
| August, 2018 | $321,400 | $380,900 | 322 |
| July, 2018 | $327,500 | $392,300 | 313 |
| June, 2018 | $310,500 | $370,100 | 308 |
| May, 2018 | $316,700 | $372,600 | 299 |
| April, 2018 | $314,400 | $385,100 | 294 |
| March, 2018 | $335,400 | $369,200 | 293 |
| February, 2018 | $327,200 | $373,600 | 295 |
| January, 2018 | $329,600 | $377,800 | 294 |
| December, 2017 | $343,300 | $402,900 | 294 |
| November, 2017 | $343,400 | $388,500 | 292 |
| October, 2017 | $319,500 | $394,000 | 289 |
| September, 2017 | $331,500 | $379,300 | 285 |
| August, 2017 | $314,200 | $369,200 | 284 |
| July, 2017 | $322,900 | $372,400 | 275 |
| June, 2017 | $315,200 | $370,600 | 274 |
| May, 2017 | $323,600 | $378,400 | 269 |
| April, 2017 | $311,100 | $365,800 | 262 |
| March, 2017 | $321,700 | $384,400 | 263 |
| February, 2017 | $298,000 | $370,500 | 259 |
| January, 2017 | $315,200 | $357,700 | 259 |
| December, 2016 | $327,000 | $382,500 | 257 |
| November, 2016 | $315,000 | $363,400 | 252 |
