SOURCE: fortunebuilders.com
Think you’re ready to buy a house? Check out these pricey states first 💰
From California to Hawaii, the cost of living can really add up in these states. See which areas make the list of the most expensive states to buy a house.
Here are some of the most expensive states to buy a house:
- Hawaii: Hawaii is a string of islands known for its tropical climate and beautiful landscape. The population is not particularly large, but limited real estate is competitive. According to ZeroDown, the average sales price in 2022 is roughly $856,000.
- California: The Golden State is typically what comes to mind when thinking about expensive real estate. The average home price is just over half a million. While people may be leaving certain urban areas, the state remains a popular place to live.
- Oregon: Oregon has benefited from the increase of the tech sector, drawing more and more people to the state. The median sale price of a home is around $312,205 according to RentOwnSell.
- Washington: Another state of the Pacific Northwest, Washington has seen an influx of people as job opportunities grow in the area. Aside from job growth, many people are attracted to the area for the lush green landscape and outdoor activities. The median home value is right around $340,000.
- Colorado: Colorado is one of many states that saw an influx of people as a result of COVID-19. Again, the state offers beautiful landscapes and promising job growth. The average home value is right at $343,000 though it could increase in the coming months.
Are you currently living in one of these expensive states? Share your experience with us!