Median Home Price By State

After years of pandemic-era upheaval, surging buyer demand and aggressive rate hikes, the U.S. housing market now shows signs of recalibration—but affordability remains under pressure. The national median price for a single-family home sits at $394,250, up 12.3% since 2022 and 44.6% since 2020, as buyers return and new listings stay scarce.

Key 2025 insights at a glance:

1. Median tops $394K nationwide. At $394,250, 2025’s median registers a 12.3% increase over 2022’s $351,000 and a 44.6% jump since 2020’s $272,750.

2. 4.4× gap between priciest and cheapest. The District of Columbia leads at $1,023,125, while Iowa remains lowest at $235,000—more than four times the difference.

3. West Coast and Northeast rule high end. Five priciest markets all sit west or northeast: D.C. ($1.02M), Hawaii ($976K), California ($867K), Washington ($666K) and Colorado ($658K).

4. Heartland stays under $260K. Iowa ($235K), Oklahoma ($245.6K), West Virginia ($247.6K), Louisiana ($250.9K) and Ohio ($251.5K) offer medians at roughly 60% of the national level.

5. Wyoming leads recent growth. Since 2022, Wyoming’s median climbed 22.8%, followed by New Jersey (+19.0%), New Mexico (+17.4%), New Hampshire (+17.4%) and Wisconsin (+16.7%), as buyers chase space and affordability outside major metros.

The median home price in the District of Columbia tops $1,023,125, followed by Hawaii at $976,350. In D.C., scarce developable land and steady federal hiring keep prices above $1 million, while Hawaii’s island geography and strong vacation-home demand push its median just below that threshold.

California’s median sits at $866,900, buoyed by tech-sector growth in Silicon Valley and tight coastal zoning. Washington and Colorado register $666,225 and $657,800, respectively, as in-migration to Seattle and Denver suburbs sustains upward pressure.

Beyond those leaders, Massachusetts ($640,025) and Utah ($607,400) both exceed $600 K—Massachusetts’ price reflects its biotech, finance and higher-ed hubs, and Utah benefits from Salt Lake City’s booming tech scene and family-friendly suburbs. New York’s median home price reaches $564,625, New Jersey clocks in at $539,025, and Montana closes out the top ten at $537,150, driven by buyers seeking lower-density, lifestyle-oriented markets.

The median home price in Iowa sits at $235,000, followed by Oklahoma at $245,575—both reflecting tight local markets with modest demand and stable inventories.

West Virginia and Louisiana register $247,625 and $250,875, respectively, where affordable land costs and slower population growth keep prices below $260K.

Rounding out the bottom ten, Ohio ($251,475), Mississippi ($255,900), Arkansas ($259,750), Alabama ($283,750), Missouri ($290,000) and Nebraska ($289,850) all fall under $300K. These states combine lower construction costs, steadier regional economies and less competitive bidding to maintain some of the nation’s most accessible housing markets