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US house prices in 1950 vs. 2024, accounting for inflation

The map above shows how much houses cost in 1950 in each US state in 2024 inflation adjusted US dollars, compared to what the average cost actually is in 2024.

The map above shows how much houses cost in 1950 in each US state in 2024 inflation adjusted US dollars, compared to what the average cost actually is in 2024. The following map shows the percentage increase above inflation: StateMedian Home Value (1950)Inflation Adjusted Median Home Value (1950)Median Home Value (2024)Absolute $ Increase Above InflationPercent Increase Above InflationAlabama$4,473$60,072$227,508$167,436279%Alaska$3,477$46,696$362,098$315,402675%Arizona$5,935$79,707$428,711$349,004438%Arkansas$4,087$54,888$208,078$153,190279%California$9,564$128,445$771,057$642,612500%Colorado$7,151$96,038$541,072$445,034463%Connecticut$11,862$159,307$405,595$246,289155%Delaware$9,079$121,931$388,654$266,723219%District of Columbia$14,498$194,708$602,769$408,060210%Florida$6,612$88,799$392,176$303,376342%Georgia$5,235$70,306$326,617$256,311365%Hawaii$12,283$164,961$845,946$680,985413%Idaho$5,852$78,592$451,520$372,928475%Illinois$8,646$116,116$266,706$150,590130%Indiana$6,226$83,615$242,113$158,498190%Iowa$6,320$84,878$220,277$135,400160%Kansas$5,462$73,355$229,012$155,658212%Kentucky$5,283$70,951$212,088$141,137199%Louisiana$5,141$69,044$201,519$132,476192%Maine$4,856$65,216$401,297$336,081515%Maryland$8,033$107,883$418,438$310,555288%Massachusetts$9,144$122,804$623,131$500,327407%Michigan$7,496$100,671$245,716$145,044144%Minnesota$7,806$104,835$334,119$229,285219%Mississippi$4,159$55,855$181,313$125,457225%Missouri$6,399$85,939$248,328$162,389189%Montana$5,797$77,854$462,631$384,777494%Nebraska$5,918$79,479$259,443$179,964226%Nevada$8,859$118,976$442,185$323,209272%New Hampshire$6,199$83,253$478,955$395,703475%New Jersey$10,408$139,779$534,773$394,994283%New Mexico$5,697$76,511$303,910$227,399297%New York$10,152$136,341$482,742$346,400254%North Carolina$4,901$65,820$328,715$262,895399%North Dakota$5,396$72,468$263,410$190,942263%Ohio$8,304$111,523$230,798$119,275107%Oklahoma$5,228$70,212$205,968$135,756193%Oregon$6,846$91,942$492,683$400,742436%Pennsylvania$6,992$93,903$268,824$174,921186%Rhode Island$9,767$131,171$467,485$336,314256%South Carolina$5,112$68,654$295,769$227,115331%South Dakota$5,410$72,656$306,944$234,287322%Tennessee$5,268$70,749$319,208$248,458351%Texas$5,805$77,961$300,267$222,306285%Utah$7,409$99,503$517,020$417,517420%Vermont$6,277$84,300$390,132$305,832363%Virginia$6,581$88,383$392,682$304,299344%Washington$7,169$96,280$588,856$492,576512%West Virginia$5,473$73,502$168,172$94,670129%Wisconsin$7,927$106,460$306,566$200,106188%Wyoming$6,811$91,472$354,108$262,636287%Why do you think home prices have outpaced inflation since the 1950s?

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