Median Home Price By State: How Much Do Houses Cost?

The U.S. median home price for single-family homes was $418,610 in July 2026, up 3.93% from last year, with mortgage rates rising from 6.50% to 6.66%. Washington, D.C. has the highest median home price at $1,342,343, while some states have much lower prices due to factors like job opportunities and demand. Median prices offer a clearer view of typical costs than averages. Tips to save money include budgeting, improving credit, shopping mortgages, larger down payments, considering smaller or fixer-upper homes, and exploring assistance programs.