THE ADAMS TEAM
Rothwell Gornt Companies
Las Vegas Real Estate Agent Robert Adams Las Vegas Real Estate Blog
Maps show housing prices for 2018 and the projected housing prices by state for 2023.
The maps show housing prices for 2018 and the projected housing prices by state for 2023.1 The projected housing prices are forecasted by housing-price indices five years from now. Compare the data for all states.
The maps illustrate the housing prices for 2018 side-by-side with the projected housing prices for 2023. Median home selling prices are currently over $400,000 in four markets: District of Columbia, Hawaii, California and Massachusetts. By July 2023, Colorado, Washington, Oregon & New Jersey are expected to join this group as well.
The current national median selling price is $239,542. By June 2023, it is forecasted to reach $307,618 — an annual growth rate of 5.1%.
Twenty states currently have home prices lower than $200,000. That number is forecast to drop to 10 states by 2023. California is expected to have the highest home appreciation rate — 8.5% — and will see its average price rise from $485,000 to $730,413 by June 2023.1
1Source data: CoreLogic®
Data date: 08/25/2018
Data for 06/2018 vs 06/2023 (forecast)
(This publication is provided for your convenience and information only. The Adams Team at Rothwell Gornt Companies assumes no liability for loss or damage as a result of your reliance on information in this publication. Photos are for illustration purposes only and are not to be construed as an endorsement of a particular product or company. Unless expressly disclosed otherwise, The Adams Team at Rothwell Gornt Companies is not affiliated with or responsible for the products or services of any company that may be mentioned or depicted in this publication. Our goal is for the contents of this publication to be accurate as of the date this issue was printed. However, we do not guarantee that any content is accurate or complete.)
NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies
MA & RI Real Estate Broker at Sankey Real Estate
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