We researched and analyzed the average home values by state in 2024 (all 50 U.S. states) and rank ordered them from cheapest to most expensive.
The average home value in the United States is currently $342,941, which is up 3.1% over the past 12 months.
Our primary source data is 890,000 real estate listings from the Zillow Home Values Index.
Okay, without further ado, let’s explore housing prices by state!
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Key Findings of Our Research:
- The average price of a home in the United States is $342,941.
- The median home value in the United States is $318,124.
- West Virginia is the cheapest state to buy a house right now with an average home value of $152,373.
- Hawaii is the most expensive state to buy a house with an average home value of $828,058.
- The 5 cheapest states to buy a home right now are West Virginia, Mississippi, Louisiana, Kentucky, and Arkansas.
- The 5 most expensive states to buy a house right now are Hawaii, California, Massachusetts, Washington, and Colorado.
List of Average Home Values by State Ranked Low to High [2024]
Here’s a list of the average home prices by state right now, ranked from low to high in 2024:
| Rank (Low to High) | State | Average Home Value |
|---|---|---|
| 1 | West Virginia | $152,373 |
| 2 | Mississippi | $169,792 |
| 3 | Louisiana | $192,173 |
| 4 | Kentucky | $192,245 |
| 5 | Arkansas | $195,502 |
| 6 | Oklahoma | $196,095 |
| 7 | Iowa | $205,988 |
| 8 | Ohio | $213,323 |
| 9 | Kansas | $214,347 |
| 10 | Alabama | $217,750 |
| 11 | Indiana | $228,552 |
| 12 | Michigan | $229,143 |
| 13 | Missouri | $234,949 |
| 14 | North Dakota | $245,182 |
| 15 | Nebraska | $247,719 |
| 16 | Illinois | $247,809 |
| 17 | Pennsylvania | $253,762 |
| 18 | Wisconsin | $281,969 |
| 19 | South Carolina | $284,797 |
| 20 | South Dakota | $290,043 |
| 21 | New Mexico | $290,781 |
| 22 | Texas | $296,582 |
| 23 | Tennessee | $306,156 |
| 24 | Minnesota | $316,980 |
| 25 | Georgia | $317,982 |
| 26 | North Carolina | $318,266 |
| 27 | Wyoming | $332,332 |
| 28 | Alaska | $348,323 |
| 29 | Delaware | $369,624 |
| 30 | Virginia | $371,302 |
| 31 | Vermont | $375,726 |
| 32 | Maine | $377,025 |
| 33 | Connecticut | $378,114 |
| 34 | Florida | $388,454 |
| 35 | Maryland | $401,305 |
| 36 | Nevada | $419,993 |
| 37 | Arizona | $421,939 |
| 38 | Rhode Island | $432,687 |
| 39 | Idaho | $434,540 |
| 40 | Montana | $441,925 |
| 41 | New Hampshire | $445,263 |
| 42 | New York | $450,431 |
| 43 | Oregon | $480,428 |
| 44 | New Jersey | $497,292 |
| 45 | Utah | $501,653 |
| 46 | Colorado | $527,413 |
| 47 | Washington | $563,764 |
| 48 | Massachusetts | $586,204 |
| 49 | California | $750,709 |
| 50 | Hawaii | $828,058 |
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About the Author
Brian Reese is a senior advisor and co-owner at District Lending. He is one of the world’s leading experts in veteran benefits, having helped millions of veterans secure their financial future since 2013. Brian is the founder VA Claims Insider, an education-based Coaching & Consulting company whose mission is to educate and empower veterans to get the VA disability benefits they’ve earned for their honorable service. A former active-duty air force officer, Brian deployed to Afghanistan in support of Operation Enduring Freedom. He is a distinguished graduate of management of the United States Air Force Academy and earned his MBA as a National Honor Scholar from the Spears School of Business at Oklahoma State University.
