Whats The Median Home Value In Your State

Dated: 06/27/2018

Views: 42

Image title

What’s the Median Home Value in Your State?

   First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers,Pricing

If you’ve entered the real estate market as a buyer or a seller, you’ve inevitably heard the mantra “location, location, location” in reference to identical homes increasing or decreasing in value based on where they’re located.

In today’s housing market where home prices are appreciating quickly, it’s important to know that not every home appreciates at the same rate. The map below demonstrates that point on a state-by-state basis using data from the National Association of Realtors.

Image title

Demand often dictates value, even for houses in the same area of the country! High demand for starter and trade-up homes have driven prices up in these categories by nearly 10% over the past year, while those in the premium markets have appreciated at closer to 6%.

Bottom Line

If you are debating whether or not to buy and/or sell a home this year, let’s get together to help you figure out exactly what’s going on in our market.

Blog author image

Charles Juarez

With my expertise in realty for both buying or selling a home in San Antonio, and surrounding areas. You have found the right resource for your real estate needs. Whether you are looking for a new hom....

Latest Blog Posts

You Do Not Need 20 Down

You Don't Need 20% DownJuly 13th, 2018Saving for a down payment is often the biggest hurdle for homebuyers, but it doesn't have to be! Almost half of all homebuyers are unfamiliar with alternative

Read More

Want To Sell Your House Faster Dont Forget To Stage

Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC] Friday July 13th, 2018  For Sellers, Infographics, Move-Up BuyersSome Highlights:The National

Read More

HouseBuying Power At NearHistoric Levels

House-Buying Power at Near-Historic Levels Thursday July 12th, 2018  Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers,PricingWe keep hearing that home

Read More

Top 4 Renovations

Top 4 RenovationsJuly 6th, 2018Whether you're selling your home, purchasing your first home, or you're a homeowner who's planning to stay put for a while, there is value in knowing which home

Read More