Originally Posted by
tennisguru
The median home price in the USA is just under $360,000. Yes, a few years ago it was around 200, but there are still plenty of properties out there that aren’t 600k+. Obviously where you live will have a big impact. Here are the median home prices for our domicile states:
CA: 673k
GA: 300k
MI: 211k
MN: 294k
NY: 411k
UT: 475k
And since we can commute that opens up even more states. Lots of affordability within a couple hour drive from a domicile. Yes, it’s not going to be a dream house in a dream location, but there are still affordable options out there, especially for people at our income levels.
Median Home Prices by State
You forgot a base, a rainy one out west
. Seriously though, I think doing it by state is a poor way to do it as some of these states are huge and the variance is quite high. You could live in California and still be 700 miles from your base at LAX for instance.
A better stat sheet would be the median value in the metro areas of ATL, NYC, DTW, MSP, SLC, LAX, and SEA. A quick google shows SEA with a median price of over 850K and that sure as heck isn’t getting you a mansion. I’d hate to see what LAX is.
Sure you can commute but that’s a separate issue.