County Median Home Prices And Monthly Mortgage Payment

Applying the House Price Index growth from FHFA to the latest housing data from the American Community Survey (ACS), we calculated a median home value for 3,119 counties and county-equivalents in the United States. Our home prices approximately triple those of Miami, Philadelphia, Chicago and Atlanta, the Bay Area is truly in a league of its own when it comes to buying a home. With U.S. home values showing consistent increases over the past five years after several years of decline, Americans expect local home prices to continue to rise.home values

Other than your home’s worth, you’ll also need to consider what landlords are charging for similar rentals in your area. They’ll inspect your home and take into account its unique features, the area and market conditions. The price for the typical previously owned home was $1,050,500 in Santa Clara County, which is steadily holding above the $1 million level; $805,000 …