Common questions
What is the cheapest state to buy a house?
West Virginia has the lowest median home value of the 50 states, at $170,800 in 2024.
What is the most expensive state to buy a house?
Hawaii has the highest median home value of the 50 states, at $875,900 in 2024.
What else affects the cost of owning a home?
Mortgage payments, insurance and property taxes. The monthly owner costs ranking compares what owners with a mortgage actually pay each month.
What this ranking measures
The median reported value of owner-occupied housing units.
These are survey estimates of existing homes, not asking prices, sale prices, or the cost of a new purchase.
The size of the gap
The difference between the highest and lowest state estimates is $705,100. The U.S. benchmark is $360,600. It is not a simple average of the states.
21 states have point estimates above the U.S. benchmark and 29 below it. These counts do not establish statistical significance.
How much should you read into a rank?
Each estimate has a 90% margin of error published by the Census Bureau. For two different states, we flag a difference only when its absolute size exceeds the square root of the sum of their squared margins of error. The comparison tool applies this check to every selected pair.
Non-significance is not proof of equality. These pairwise tests are not adjusted for multiple comparisons and do not form ranking confidence intervals. Statistical method and limitations.
Ranks use the full precision of the source file, so only truly equal values share a rank (1, 2, 2, 4).
Keep exploring
Why prices, housing spending and burden produce different state orders.
Explore the same states in a side-by-side comparison, or combine this measure with others in the custom ranking tool.
Source and method
- Producer
- U.S. Census Bureau
- Product / file
- ACS 1-year · GCT2510
- Period
- 2024
- Unit
- U.S. dollars
- Calculation
- Published estimate; no transformation of the value. Rank = 1 + number of eligible jurisdictions with a higher value.
- Coverage
- The 50 states are ranked. Washington, D.C., can be added with the toggle above the table; Puerto Rico is shown for reference only, where the source covers it.
- Cadence
- Annual. 2025 ACS 1-year estimates scheduled for October 29, 2026 (Census ACS updates page); adoption follows editorial review.
- Independence
- Rank the States is independent. The agencies that produce the source data do not endorse these rankings.
Download, cite, or embed
Download the default full table (CSV) or use the download above for the table’s current filter and order. Data dictionary and source metadata
Updates and corrections
Last updated Oct. 23, 2026. Earlier editions stay available on the data page, and every change is listed in the update log. If a number or definition looks wrong, report an error with the state, value, and source you checked.