Most Expensive States by Median Home Value
Housing costs vary across the United States far more than incomes do. The median home in Hawaii is valued at $808,200 — 5.2 times the $155,600 median in West Virginia, the least expensive state. The table ranks all 50 states and DC by median owner-occupied home value.
Top 10 by Median Home Value
The national median home value is $303,400, but the top of this ranking sits far above it: Hawaii and California both carry medians several times the figure in the most affordable states. High home values cluster where land is constrained and incomes are high — the Pacific coast, Hawaii, and the Northeast corridor — while the least expensive housing is concentrated in the interior South and the Rust Belt.
Raw price is only half the story. In Hawaii, the median home costs about 8.2x the median household income, versus roughly 2.7x in West Virginia — a much bigger difference in what housing actually demands of a local paycheck. That relationship is the subject of the most affordable states ranking. High prices also depress ownership: several of the most expensive states post some of the country's lowest homeownership rates.
Full Rankings
| # | State | Home Value | Median Income | Value-to-Income | Homeownership |
|---|---|---|---|---|---|
| 1 | Hawaii | $808,200 | $98,317 | 8.2x | 62.5% |
| 2 | District of Columbia | $724,600 | $106,287 | 6.8x | 41.1% |
| 3 | California | $695,400 | $96,334 | 7.2x | 55.8% |
| 4 | Massachusetts | $525,800 | $101,341 | 5.2x | 62.6% |
| 5 | Washington | $519,800 | $94,952 | 5.5x | 63.9% |
| 6 | Colorado | $502,200 | $92,470 | 5.4x | 66.3% |
| 7 | Utah | $455,000 | $91,750 | 5.0x | 70.6% |
| 8 | Oregon | $454,200 | $80,426 | 5.6x | 63.4% |
| 9 | New Jersey | $427,600 | $101,050 | 4.2x | 63.7% |
| 10 | Nevada | $406,100 | $75,561 | 5.4x | 59.3% |
| 11 | New York | $403,000 | $84,578 | 4.8x | 54.3% |
| 12 | Maryland | $397,700 | $101,652 | 3.9x | 67.5% |
| 13 | Idaho | $376,000 | $74,636 | 5.0x | 72.4% |
| 14 | Rhode Island | $368,800 | $86,372 | 4.3x | 63.2% |
| 15 | New Hampshire | $367,200 | $95,628 | 3.8x | 72.5% |
| 16 | Virginia | $360,700 | $90,974 | 4.0x | 67.2% |
| 17 | Arizona | $358,900 | $76,872 | 4.7x | 67.0% |
| 18 | Connecticut | $343,200 | $93,760 | 3.7x | 66.2% |
| 19 | Montana | $338,100 | $69,922 | 4.8x | 69.4% |
| 20 | Alaska | $333,300 | $89,336 | 3.7x | 66.6% |
| 21 | Delaware | $326,800 | $82,855 | 3.9x | 72.3% |
| 22 | Florida | $325,000 | $71,711 | 4.5x | 67.3% |
| 23 | Minnesota | $305,500 | $87,556 | 3.5x | 72.4% |
| 24 | Vermont | $290,500 | $78,024 | 3.7x | 72.8% |
| 25 | Wyoming | $285,100 | $74,815 | 3.8x | 71.9% |
| 26 | Georgia | $272,900 | $74,664 | 3.7x | 65.4% |
| 27 | Maine | $266,400 | $71,773 | 3.7x | 74.0% |
| 28 | Texas | $260,400 | $76,292 | 3.4x | 62.6% |
| 29 | North Carolina | $259,400 | $69,904 | 3.7x | 66.4% |
| 30 | Tennessee | $256,800 | $67,097 | 3.8x | 67.0% |
| 31 | Illinois | $250,500 | $81,702 | 3.1x | 66.8% |
| 32 | Wisconsin | $247,400 | $75,670 | 3.3x | 67.9% |
| 33 | North Dakota | $241,100 | $75,949 | 3.2x | 63.4% |
| 34 | Pennsylvania | $240,500 | $76,081 | 3.2x | 69.3% |
| 35 | South Dakota | $236,800 | $72,421 | 3.3x | 68.6% |
| 36 | South Carolina | $236,700 | $66,818 | 3.5x | 71.4% |
| 37 | New Mexico | $232,200 | $62,125 | 3.7x | 69.3% |
| 38 | Nebraska | $223,800 | $74,985 | 3.0x | 66.5% |
| 39 | Michigan | $217,600 | $71,149 | 3.1x | 72.9% |
| 40 | Missouri | $215,600 | $68,920 | 3.1x | 67.9% |
| 41 | Louisiana | $208,700 | $60,023 | 3.5x | 67.3% |
| 42 | Kansas | $203,400 | $72,639 | 2.8x | 66.9% |
| 43 | Indiana | $201,600 | $70,051 | 2.9x | 70.3% |
| 44 | Ohio | $199,200 | $69,680 | 2.9x | 67.0% |
| 45 | Iowa | $195,900 | $73,147 | 2.7x | 71.5% |
| 46 | Alabama | $195,100 | $62,027 | 3.1x | 69.9% |
| 47 | Kentucky | $192,300 | $62,417 | 3.1x | 68.3% |
| 48 | Oklahoma | $185,900 | $63,603 | 2.9x | 65.8% |
| 49 | Arkansas | $175,300 | $58,773 | 3.0x | 66.1% |
| 50 | Mississippi | $161,400 | $54,915 | 2.9x | 69.5% |
| 51 | West Virginia | $155,600 | $57,917 | 2.7x | 74.3% |
The District of Columbia is included for comparison, although it is not a state.
Source: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates.
About This Ranking
All figures come from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, the Bureau's most reliable dataset for state and local statistics. Because estimates pool five years of survey responses, they describe a recent period rather than a single moment, and small differences between closely ranked entries may fall within the survey's margin of error. Learn more about the data on our methodology page or at data.census.gov.
More National Rankings
Frequently Asked Questions
What state has the most expensive houses?
Hawaii has the highest median home value of any state at $808,200, followed by California at $695,400.
What state has the cheapest houses?
West Virginia has the lowest median home value at $155,600 — about 5.2 times less than Hawaii.
What is the median home value in the US?
The national median home value is $303,400 according to the ACS 5-Year Estimates. Values refer to owner-occupied homes as estimated by their owners.