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U.S. home values by state

United States · Home values
52 states · 391 cities · 6,611 neighborhoods · Values through Aug 2026

U.S. home values at a glance

  • Across the ZIPs covered here, Zillow’s Home Value Index is +0.7% over the past 12 months (to Aug 2026).
  • The U.S. median home value is about $340,200, against a median household income of $78,500 (Census ACS).
  • City medians range from $107K in Cleveland, Ohio to $1.76M in San Mateo, California.
Value trend

Home value trend across the markets we cover

$545K
Typical value (Aug 2026)
+0.7%
1-year change
+16%
5-year change
+73%
10-year change
the markets covered here typical home value, Aug 2016 to Aug 2026$350K$420K$490K$560K20182020202220242026

Over the 12 months to Aug 2026, typical home values in the markets covered here rose 0.7%, to about $545,200. Values are at or near their highest level on record in this series. Over five years the typical home gained $73,400 in value (+16%).

Year-by-year values
MonthTypical valueChange vs year before
Aug 2026$545,200+0.7%
Aug 2025$541,600−0.9%
Aug 2024$546,600+3.6%
Aug 2023$527,500−1.5%
Aug 2022$535,700+13.6%
Aug 2021$471,800+17.9%
Aug 2020$400,000+5.3%
Aug 2019$380,000+4.0%
Aug 2018$365,500+8.2%
Aug 2017$337,900+7.3%
Aug 2016$314,800—

Source: Zillow Home Value Index (ZHVI), typical value of mid-tier homes, smoothed & seasonally adjusted, shown yearly. Areas with several ZIPs: population-weighted.

States

Home values by state

Most affordablePuerto Rico$143K typical valueMost expensiveHawaii$921K typical valueFastest risingAlaska+5.6% in 12 monthsHighest rental yieldMississippi9.1% gross yield
NameHome value1-yrIncomeRentPrice / income
Alabama$235K+1.0%$69K$1,1193.4×
Alaska$376K+5.6%$103K$1,4643.7×
Arizona$414K−0.7%$90K$1,6894.6×
Arkansas$233K+4.2%$63K$1,0523.7×
California$804K+1.3%$104K$2,1087.7×
Colorado$552K−1.5%$97K$1,7875.7×
Connecticut$315K+5.0%$74K$1,5554.3×
Delaware$223K−0.8%$57K$1,2123.9×
District of Columbia$804K−0.5%$123K$2,0466.5×
Florida$358K−1.1%$76K$1,6664.7×
Georgia$304K−0.1%$70K$1,3324.3×
Hawaii$921K+2.6%$101K$2,1419.1×
Idaho$468K+1.4%$87K$1,5015.4×
Illinois$318K+5.1%$82K$1,4003.9×
Indiana$251K+1.8%$81K$1,1773.1×
Iowa$187K+1.4%$66K$9782.8×
Kansas$250K+3.3%$84K$1,1943.0×
Kentucky$242K+2.3%$66K$1,0873.7×
Louisiana$289K+1.1%$65K$1,1524.5×
Maine$481K+0.0%$80K$1,5056.0×
Maryland$379K−1.4%$99K$1,6973.8×
Massachusetts$562K+1.4%$85K$1,7606.6×
Michigan$220K+0.3%$65K$1,1923.4×
Minnesota$330K+1.1%$82K$1,3064.0×
Mississippi$147K+1.1%$54K$1,1152.7×
Missouri$217K+1.3%$65K$1,1033.3×
Montana$315K+2.5%$77K$1,1444.1×
Nebraska$241K+2.3%$76K$1,1193.2×
Nevada$415K−1.5%$80K$1,6175.2×
New Hampshire$333K+1.1%$78K$1,4714.3×
New Jersey$418K+2.5%$83K$1,6915.0×
New Mexico$303K+1.1%$76K$1,2994.0×
New York$666K+4.3%$114K$2,0125.9×
North Carolina$319K−0.5%$80K$1,3224.0×
North Dakota$239K+3.5%$58K$8314.1×
Ohio$170K+0.2%$54K$9713.2×
Oklahoma$245K+1.5%$77K$1,1523.2×
Oregon$501K−0.3%$82K$1,5246.1×
Pennsylvania$249K+0.4%$64K$1,3103.9×
Puerto Rico$143K−0.4%$38K$7573.7×
Rhode Island$302K+1.7%$60K$1,2605.0×
South Carolina$343K+0.6%$69K$1,3895.0×
South Dakota$280K+1.0%$78K$1,0323.6×
Tennessee$320K−0.7%$71K$1,2784.5×
Texas$315K−0.9%$83K$1,4373.8×
Utah$469K+1.1%$92K$1,5095.1×
Vermont$496K−1.5%$65K$1,5867.7×
Virginia$405K+2.2%$91K$1,5814.5×
Washington$706K−1.2%$107K$1,8076.6×
West Virginia$185K+3.9%$69K$9562.7×
Wisconsin$277K+2.7%$66K$1,1494.2×
Wyoming$321K+4.0%$81K$1,0844.0×

Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.

Rankings

Most affordable cities

  1. Cleveland Ohio$107K
  2. Dayton Ohio$119K
  3. Toledo Ohio$123K
  4. Brownsville Texas$124K
  5. Lansing Michigan$125K
  6. South Bend Indiana$126K
  7. Rockford Illinois$126K
  8. Syracuse New York$126K
  9. Springfield Illinois$128K
  10. Detroit Michigan$130K
Rankings

Most expensive cities

  1. San Mateo California$1.76M
  2. Sunnyvale California$1.73M
  3. San Francisco California$1.46M
  4. Santa Clara California$1.45M
  5. Bellevue Washington$1.38M
  6. Fremont California$1.35M
  7. Berkeley California$1.28M
  8. San Jose California$1.21M
  9. Irvine California$1.17M
  10. Carlsbad California$1.16M
Rankings

Fastest-rising cities

  1. San Francisco California+13.7%
  2. Rockford Illinois+10.6%
  3. Abilene Texas+8.2%
  4. Lakewood New Jersey+8.0%
  5. South Bend Indiana+7.3%
  6. Yonkers New York+7.2%
  7. Kenosha Wisconsin+7.0%
  8. Stamford Connecticut+6.8%
  9. Oyster Bay New York+6.6%
  10. San Mateo California+6.6%
Buying vs renting

What it costs to buy a home in the U.S.

$340K
Typical price
$68K
Down payment (20%)
$1,720
Monthly P&I
$1,406
Median rent

At the typical value of $340,200, a buyer putting 20% down ($68,040) and financing the rest at 6.5% over 30 years would pay about $1,720 a month in principal and interest — 26% of the median household income here. That sits within the common 28% guideline, so the typical home is within reach of a typical local household. The median rent is $1,406/month, so owning costs roughly 22% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.

Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS ) figures. Run your own numbers in the estimator below.

Common questions

U.S. home values real estate FAQ

What is the typical home value in the U.S.?

The median owner-occupied home in the U.S. is valued at about $340,200 according to the U.S. Census Bureau’s ACS 5-year estimates — about the same as the U.S. median.

Is the U.S. affordable?

Homes cost about 4.3× the median household income of $78,500, which is moderately priced. A typical mortgage payment would take about 26% of that income.

How much is rent in the U.S.?

Median gross rent (rent plus utilities) is about $1,406 a month, about the same as the U.S. median, or 21% of the median household income.

Is the U.S. good for rental property investment?

The gross rental yield — a year of median rent divided by the typical home value — is 5.0%. That is average; returns depend on the purchase price and costs.

Are there more homeowners or renters in the U.S.?

65% of occupied homes are owner-occupied and 35% are rented, compared with about 65% owner-occupied nationally.

How old are the homes in the U.S.?

The median home was built in 1980 (U.S.: about 1980). 62% of homes are detached single-family houses.

What is the most affordable city covered here?

Cleveland, Ohio, with a median home value of about $106,500.
Methodology

About this data

Data last updated: September 2026.

Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.

Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.

The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.

Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.

These are area-level statistics, not an appraisal of any individual property, and not financial advice.

Sources: U.S. Census ACS · Zillow ZHVI.