Couple standing in front of a house with a "For Sale" sign, circa 1978.

The price of a house the year you turned 25

Written by:
June 13, 2023
Lambert // Getty Images

The price of a house the year you turned 25

Homeownership lets you build equity, put down roots, and make a place your own. But in recent years, achieving this part of the American dream has become much more difficult.

Adjusting for inflation, the cost of a newly constructed single-family home in 2022 was over 2.5 times more expensive than in the 1960s. So for young adults in their mid-20s—an age when many people think they should buy a home—the goal might seem out of reach. The actual average age of a first-time home buyer in 2023 was 35, according to the National Association of Realtors. Additionally, buying a median-priced home in the U.S. in 2024 requires a household income of $114,000, almost $30,000 more than the national average.

To illustrate how home prices have grown, Stacker ran the numbers on the cost of a new, single-family home for the last 60 years. Using Census Bureau data, we analyzed the median sales price for a newly constructed home from 1963 to 2023 and the Consumer Price Index to calculate each year's absolute and inflation-adjusted prices.

The basis of the Census Bureau data is new constructions, which are often more expensive than existing homes. The list price includes both the house and the land. This story does not include houses built for rent, those built by the owner, or ones by a general contractor on the owner's land.

It's true that location plays a role in home prices. For example, homes in the Northeast and West have always generally been higher than the rest of the country. But the data still shows that average prices have grown substantially over time.

Check out the cost of buying a home the year you turned 25.

A line chart showing the price of a newly built, single-family home since 1963.
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Stacker

Homes continue to get more expensive

Adjusted for inflation, the cost of a newly constructed family home is more than twice as expensive in the early 2020s as it was in 1960. With some fluctuation over the years, costs have grown steadily, reaching a median of more than $450,000 by 2022—with regions like the Northeast showing even higher prices.

Exterior view of a newly built house in 1963.
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Lambert // Getty Images

1963

- Median sales price: $18,000
- Inflation-adjusted price: $179,041
- Median sales price by region:
-- Northeast: $20,300 ($201,918 in today's dollars)
-- Midwest: $17,900 ($178,046 in today's dollars)
-- South: $16,100 ($160,142 in today's dollars)
-- West: $18,800 ($186,998 in today's dollars)

The living room of a home in 1964.
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Archive Photos // Getty Images

1964

- Median sales price: $18,900
- Inflation-adjusted price: $185,540
- Median sales price by region:
-- Northeast: $20,300 ($199,284 in today's dollars)
-- Midwest: $19,400 ($190,448 in today's dollars)
-- South: $16,700 ($163,943 in today's dollars)
-- West: $20,400 ($200,265 in today's dollars)

A street with a row of identical houses in 1965.
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Archive Photos // Getty Images

1965

- Median sales price: $20,000
- Inflation-adjusted price: $193,287
- Median sales price by region:
-- Northeast: $21,500 ($207,784 in today's dollars)
-- Midwest: $21,600 ($208,750 in today's dollars)
-- South: $17,500 ($169,126 in today's dollars)
-- West: $21,600 ($208,750 in today's dollars)

A suburban housing development of split level homes in 1966.
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D. Corson/ClassicStock // Getty Images

1966

- Median sales price: $21,400
- Inflation-adjusted price: $200,814
- Median sales price by region:
-- Northeast: $23,500 ($220,520 in today's dollars)
-- Midwest: $23,200 ($217,705 in today's dollars)
-- South: $18,200 ($170,786 in today's dollars)
-- West: $23,200 ($217,705 in today's dollars)

A wooden frame-type house converted to a semi-brick house using volcanic lava clip-on bricks in 1967.
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F. Roy Kemp // Getty Images

1967

- Median sales price: $22,700
- Inflation-adjusted price: $207,242
- Median sales price by region:
-- Northeast: $25,400 ($231,892 in today's dollars)
-- Midwest: $25,100 ($229,153 in today's dollars)
-- South: $19,400 ($177,115 in today's dollars)
-- West: $24,100 ($220,024 in today's dollars)

A red ranch-style home in 1968.
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H. Armstrong Roberts/ClassicStock // Getty Images

1968

- Median sales price: $24,700
- Inflation-adjusted price: $216,319
- Median sales price by region:
-- Northeast: $27,700 ($242,593 in today's dollars)
-- Midwest: $27,400 ($239,966 in today's dollars)
-- South: $21,500 ($188,294 in today's dollars)
-- West: $25,100 ($219,823 in today's dollars)

A suburban home for sale in 1969.
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Camerique/ClassicStock // Getty Images

1969

- Median sales price: $25,600
- Inflation-adjusted price: $212,640
- Median sales price by region:
-- Northeast: $31,600 ($262,478 in today's dollars)
-- Midwest: $27,600 ($229,253 in today's dollars)
-- South: $22,800 ($189,383 in today's dollars)
-- West: $25,300 ($210,148 in today's dollars)

The living room of a home in 1970, which is covered in yellow decor.
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H. Armstrong Roberts // Getty Images

1970

- Median sales price: $23,400
- Inflation-adjusted price: $183,566
- Median sales price by region:
-- Northeast: $30,300 ($237,694 in today's dollars)
-- Midwest: $24,400 ($191,411 in today's dollars)
-- South: $20,300 ($159,247 in today's dollars)
-- West: $24,000 ($188,273 in today's dollars)

A blue home with black shutters in 1971.
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H. Armstrong Roberts/ClassicStock // Getty Images

1971

- Median sales price: $25,200
- Inflation-adjusted price: $189,670
- Median sales price by region:
-- Northeast: $30,600 ($230,313 in today's dollars)
-- Midwest: $27,200 ($204,723 in today's dollars)
-- South: $22,500 ($169,348 in today's dollars)
-- West: $25,500 ($191,928 in today's dollars)

A white suburban home with olive shutters in 1972.
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H. Armstrong Roberts/ClassicStock // Getty Images

1972

- Median sales price: $27,600
- Inflation-adjusted price: $201,150
- Median sales price by region:
-- Northeast: $31,400 ($228,845 in today's dollars)
-- Midwest: $29,300 ($213,540 in today's dollars)
-- South: $25,800 ($188,032 in today's dollars)
-- West: $27,500 ($200,421 in today's dollars)

A white timbered house in 1973.
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Mirrorpix // Getty Images

1973

- Median sales price: $32,500
- Inflation-adjusted price: $222,910
- Median sales price by region:
-- Northeast: $37,100 ($254,460 in today's dollars)
-- Midwest: $32,900 ($225,654 in today's dollars)
-- South: $30,900 ($211,936 in today's dollars)
-- West: $32,400 ($222,224 in today's dollars)

A home's kitchen in 1974.
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H. Armstrong Roberts/ClassicStock // Getty Images

1974

- Median sales price: $35,900
- Inflation-adjusted price: $221,807
- Median sales price by region:
-- Northeast: $40,100 ($247,756 in today's dollars)
-- Midwest: $36,100 ($223,042 in today's dollars)
-- South: $34,500 ($213,157 in today's dollars)
-- West: $35,800 ($221,189 in today's dollars)

A home's bedroom in 1975.
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H. Armstrong Roberts/ClassicStock // Getty Images

1975

- Median sales price: $39,300
- Inflation-adjusted price: $222,476
- Median sales price by region:
-- Northeast: $44,000 ($249,082 in today's dollars)
-- Midwest: $39,600 ($224,174 in today's dollars)
-- South: $37,300 ($211,154 in today's dollars)
-- West: $40,600 ($229,835 in today's dollars)

A white home with trees in the foreground in 1976.
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Archive Photos // Getty Images

1976

- Median sales price: $44,200
- Inflation-adjusted price: $236,554
- Median sales price by region:
-- Northeast: $47,300 ($253,144 in today's dollars)
-- Midwest: $44,800 ($239,765 in today's dollars)
-- South: $40,500 ($216,752 in today's dollars)
-- West: $47,200 ($252,609 in today's dollars)

A dining room with a mural of a tree in 1977.
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H. Armstrong Roberts/ClassicStock // Getty Images

1977

- Median sales price: $48,800
- Inflation-adjusted price: $245,302
- Median sales price by region:
-- Northeast: $51,600 ($259,377 in today's dollars)
-- Midwest: $51,500 ($258,874 in today's dollars)
-- South: $44,100 ($221,677 in today's dollars)
-- West: $53,500 ($268,928 in today's dollars)

A home with a sold sign outside it in 1978.
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Harold M. Lambert / Contributor // Getty Images

1978

- Median sales price: $55,700
- Inflation-adjusted price: $260,138
- Median sales price by region:
-- Northeast: $58,100 ($271,347 in today's dollars)
-- Midwest: $59,200 ($276,484 in today's dollars)
-- South: $50,300 ($234,918 in today's dollars)
-- West: $61,300 ($286,292 in today's dollars)

A home in Vermont during fall 1979.
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ClassicStock // Getty Images

1979

- Median sales price: $62,900
- Inflation-adjusted price: $264,051
- Median sales price by region:
-- Northeast: $65,500 ($274,966 in today's dollars)
-- Midwest: $63,900 ($268,249 in today's dollars)
-- South: $57,300 ($240,542 in today's dollars)
-- West: $69,600 ($292,177 in today's dollars)

A home's living room in 1980.
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H. Armstrong Roberts/ClassicStock // Getty Images

1980

- Median sales price: $64,600
- Inflation-adjusted price: $238,928
- Median sales price by region:
-- Northeast: $69,500 ($257,051 in today's dollars)
-- Midwest: $63,400 ($234,490 in today's dollars)
-- South: $59,600 ($220,435 in today's dollars)
-- West: $72,300 ($267,407 in today's dollars)

Apartments above storefronts in New Orleans in 1981.
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Jim Steinfeldt // Getty Images

1981

- Median sales price: $68,900
- Inflation-adjusted price: $230,871
- Median sales price by region:
-- Northeast: $76,000 ($254,662 in today's dollars)
-- Midwest: $65,900 ($220,819 in today's dollars)
-- South: $64,400 ($215,793 in today's dollars)
-- West: $77,800 ($260,694 in today's dollars)

An aerial view of homes and buildings in San Pedro, California.
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William Nation // Getty Images

1982

- Median sales price: $69,300
- Inflation-adjusted price: $218,741
- Median sales price by region:
-- Northeast: $78,200 ($246,833 in today's dollars)
-- Midwest: $68,900 ($217,478 in today's dollars)
-- South: $66,100 ($208,640 in today's dollars)
-- West: $75,000 ($236,732 in today's dollars)

A home on the coast of Maine in 1983.
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ClassicStock // Getty Images

1983

- Median sales price: $75,300
- Inflation-adjusted price: $230,400
- Median sales price by region:
-- Northeast: $82,200 ($251,512 in today's dollars)
-- Midwest: $79,500 ($243,251 in today's dollars)
-- South: $70,900 ($216,937 in today's dollars)
-- West: $80,100 ($245,087 in today's dollars)

Rooftops in Provincetown, Massachusetts, in 1984.
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Universal History Archive // Getty Images

1984

- Median sales price: $79,900
- Inflation-adjusted price: $234,243
- Median sales price by region:
-- Northeast: $88,600 ($259,748 in today's dollars)
-- Midwest: $85,400 ($250,367 in today's dollars)
-- South: $72,000 ($211,082 in today's dollars)
-- West: $87,300 ($255,937 in today's dollars)

A ranch-style home at twilight in 1985.
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Camerique/ClassicStock // Getty Images

1985

- Median sales price: $84,300
- Inflation-adjusted price: $238,720
- Median sales price by region:
-- Northeast: $103,300 ($292,524 in today's dollars)
-- Midwest: $80,300 ($227,393 in today's dollars)
-- South: $75,000 ($212,385 in today's dollars)
-- West: $92,600 ($262,224 in today's dollars)

The exterior of a yellow house in 1986.
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H. Armstrong Roberts/ClassicStock // Getty Images

1986

- Median sales price: $92,000
- Inflation-adjusted price: $255,557
- Median sales price by region:
-- Northeast: $125,000 ($347,224 in today's dollars)
-- Midwest: $88,300 ($245,279 in today's dollars)
-- South: $80,200 ($222,779 in today's dollars)
-- West: $95,700 ($265,835 in today's dollars)

Homes in Alamo Square, San Francisco, in 1987.
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ClassicStock // Getty Images

1987

- Median sales price: $104,500
- Inflation-adjusted price: $280,252
- Median sales price by region:
-- Northeast: $140,000 ($375,457 in today's dollars)
-- Midwest: $95,000 ($254,774 in today's dollars)
-- South: $88,000 ($236,001 in today's dollars)
-- West: $111,000 ($297,684 in today's dollars)

A split level suburban home in 1988.
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H. Armstrong Roberts/ClassicStock // Getty Images

1988

- Median sales price: $112,500
- Inflation-adjusted price: $289,823
- Median sales price by region:
-- Northeast: $149,000 ($383,855 in today's dollars)
-- Midwest: $101,600 ($261,743 in today's dollars)
-- South: $92,000 ($237,011 in today's dollars)
-- West: $126,500 ($325,890 in today's dollars)

A two-story New Jersey home in 1989.
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ClassicStock // Getty Images

1989

- Median sales price: $120,000
- Inflation-adjusted price: $295,011
- Median sales price by region:
-- Northeast: $159,600 ($392,364 in today's dollars)
-- Midwest: $108,800 ($267,476 in today's dollars)
-- South: $96,400 ($236,992 in today's dollars)
-- West: $139,000 ($341,721 in today's dollars)

A two-story colonial tan home in 1990.
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H. Armstrong Roberts/ClassicStock // Getty Images

1990

- Median sales price: $122,900
- Inflation-adjusted price: $286,608
- Median sales price by region:
-- Northeast: $159,000 ($370,795 in today's dollars)
-- Midwest: $107,900 ($251,628 in today's dollars)
-- South: $99,000 ($230,872 in today's dollars)
-- West: $147,500 ($343,977 in today's dollars)

An aerial view of houses on a golf course in Hawaii in 1991.
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Douglas Peebles // Getty Images

1991

- Median sales price: $120,000
- Inflation-adjusted price: $268,525
- Median sales price by region:
-- Northeast: $155,900 ($348,858 in today's dollars)
-- Midwest: $110,000 ($246,148 in today's dollars)
-- South: $100,000 ($223,771 in today's dollars)
-- West: $141,100 ($315,740 in today's dollars)

A home's living room in 1992.
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H. Armstrong Roberts/ClassicStock // Getty Images

1992

- Median sales price: $121,500
- Inflation-adjusted price: $263,856
- Median sales price by region:
-- Northeast: $169,000 ($367,009 in today's dollars)
-- Midwest: $115,600 ($251,043 in today's dollars)
-- South: $105,500 ($229,109 in today's dollars)
-- West: $130,400 ($283,184 in today's dollars)

A bright, sunlit kitchen in 1993.
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ClassicStock // Getty Images

1993

- Median sales price: $126,500
- Inflation-adjusted price: $266,791
- Median sales price by region:
-- Northeast: $162,600 ($342,927 in today's dollars)
-- Midwest: $125,000 ($263,628 in today's dollars)
-- South: $115,000 ($242,538 in today's dollars)
-- West: $135,000 ($284,718 in today's dollars)

A two-story, gray suburban home in 1994.
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ClassicStock // Getty Images

1994

- Median sales price: $130,000
- Inflation-adjusted price: $267,236
- Median sales price by region:
-- Northeast: $169,000 ($347,407 in today's dollars)
-- Midwest: $132,900 ($273,198 in today's dollars)
-- South: $116,900 ($240,307 in today's dollars)
-- West: $140,400 ($288,615 in today's dollars)

A row of picturesque homes in New Hampshire in 1995.
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Universal History Archive // Getty Images

1995

- Median sales price: $133,900
- Inflation-adjusted price: $267,742
- Median sales price by region:
-- Northeast: $180,000 ($359,922 in today's dollars)
-- Midwest: $134,000 ($267,942 in today's dollars)
-- South: $124,500 ($248,946 in today's dollars)
-- West: $141,000 ($281,939 in today's dollars)

A suburban home in 1996.
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ClassicStock // Getty Images

1996

- Median sales price: $140,000
- Inflation-adjusted price: $271,953
- Median sales price by region:
-- Northeast: $186,900 ($363,058 in today's dollars)
-- Midwest: $137,500 ($267,097 in today's dollars)
-- South: $125,000 ($242,815 in today's dollars)
-- West: $153,900 ($298,954 in today's dollars)

A home with maroon shutters in 1997.
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ClassicStock // Getty Images

1997

- Median sales price: $146,000
- Inflation-adjusted price: $277,130
- Median sales price by region:
-- Northeast: $190,000 ($360,649 in today's dollars)
-- Midwest: $149,900 ($284,533 in today's dollars)
-- South: $129,600 ($246,001 in today's dollars)
-- West: $160,000 ($303,704 in today's dollars)

An aerial view of Las Vegas homes in 1998.
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Bob Riha Jr // Getty Images

1998

- Median sales price: $152,500
- Inflation-adjusted price: $285,058
- Median sales price by region:
-- Northeast: $200,000 ($373,847 in today's dollars)
-- Midwest: $157,500 ($294,405 in today's dollars)
-- South: $135,800 ($253,842 in today's dollars)
-- West: $163,500 ($305,620 in today's dollars)

A Victorian-style cottage in 1999.
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ClassicStock // Getty Images

1999

- Median sales price: $161,000
- Inflation-adjusted price: $294,488
- Median sales price by region:
-- Northeast: $210,500 ($385,030 in today's dollars)
-- Midwest: $164,000 ($299,976 in today's dollars)
-- South: $145,900 ($266,869 in today's dollars)
-- West: $173,700 ($317,718 in today's dollars)

Williamsburg, Brooklyn, New York City town homes in 2000.
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Erik Freeland // Getty Images

2000

- Median sales price: $169,000
- Inflation-adjusted price: $299,053
- Median sales price by region:
-- Northeast: $227,400 ($402,395 in today's dollars)
-- Midwest: $169,700 ($300,292 in today's dollars)
-- South: $148,000 ($261,893 in today's dollars)
-- West: $196,400 ($347,539 in today's dollars)

A row of brick homes in West Virginia in 2001.
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ClassicStock // Getty Images

2001

- Median sales price: $175,200
- Inflation-adjusted price: $301,531
- Median sales price by region:
-- Northeast: $246,400 ($424,072 in today's dollars)
-- Midwest: $172,600 ($297,057 in today's dollars)
-- South: $155,400 ($267,454 in today's dollars)
-- West: $213,600 ($367,620 in today's dollars)

A modern residential development in 2002.
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Construction Photography/Avalon // Getty Images

2002

- Median sales price: $187,600
- Inflation-adjusted price: $317,802
- Median sales price by region:
-- Northeast: $264,300 ($447,734 in today's dollars)
-- Midwest: $178,000 ($301,539 in today's dollars)
-- South: $163,400 ($276,806 in today's dollars)
-- West: $238,500 ($404,028 in today's dollars)

Seating an bookshelves in a home's library in 2003.
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Construction Photography/Avalon // Getty Images

2003

- Median sales price: $195,000
- Inflation-adjusted price: $322,917
- Median sales price by region:
-- Northeast: $264,500 ($438,008 in today's dollars)
-- Midwest: $184,300 ($305,198 in today's dollars)
-- South: $168,100 ($278,371 in today's dollars)
-- West: $260,900 ($432,046 in today's dollars)

A brick home in Atlanta in 2004.
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Raymond Boyd // Getty Images

2004

- Median sales price: $221,000
- Inflation-adjusted price: $356,463
- Median sales price by region:
-- Northeast: $315,800 ($509,372 in today's dollars)
-- Midwest: $205,000 ($330,656 in today's dollars)
-- South: $181,100 ($292,106 in today's dollars)
-- West: $283,100 ($456,628 in today's dollars)

An aerial view of a suburban housing development in Charlotte, North Carolina, in 2005.
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Joe Sohm/Visions of America // Getty Images

2005

- Median sales price: $240,900
- Inflation-adjusted price: $375,909
- Median sales price by region:
-- Northeast: $343,800 ($536,478 in today's dollars)
-- Midwest: $216,900 ($338,458 in today's dollars)
-- South: $197,300 ($307,874 in today's dollars)
-- West: $332,600 ($519,001 in today's dollars)

An aerial view of suburban homes in Oak View, California.
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Joe Sohm/Visions of America // Getty Images

2006

- Median sales price: $246,500
- Inflation-adjusted price: $372,640
- Median sales price by region:
-- Northeast: $346,000 ($523,057 in today's dollars)
-- Midwest: $213,500 ($322,754 in today's dollars)
-- South: $208,200 ($314,741 in today's dollars)
-- West: $337,700 ($510,510 in today's dollars)

A two-story yellow house in 2007.
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H. Armstrong Roberts/ClassicStock // Getty Images

2007

- Median sales price: $247,900
- Inflation-adjusted price: $364,300
- Median sales price by region:
-- Northeast: $320,200 ($470,547 in today's dollars)
-- Midwest: $208,600 ($306,547 in today's dollars)
-- South: $217,700 ($319,919 in today's dollars)
-- West: $330,900 ($486,272 in today's dollars)

An aerial view of an Los Angeles residential neighborhood in 2008.
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Construction Photography/Avalon // Getty Images

2008

- Median sales price: $232,100
- Inflation-adjusted price: $328,547
- Median sales price by region:
-- Northeast: $343,600 ($486,380 in today's dollars)
-- Midwest: $198,900 ($281,551 in today's dollars)
-- South: $203,700 ($288,345 in today's dollars)
-- West: $294,800 ($417,301 in today's dollars)

The South Side neighborhood of Pittsburgh in 2009.
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Jeff Greenberg // Getty Images

2009

- Median sales price: $216,700
- Inflation-adjusted price: $307,733
- Median sales price by region:
-- Northeast: $302,500 ($429,577 in today's dollars)
-- Midwest: $189,200 ($268,681 in today's dollars)
-- South: $194,800 ($276,633 in today's dollars)
-- West: $263,700 ($374,478 in today's dollars)

An urban garden and home in Los Angeles in 2010.
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UniversalImagesGroup // Getty Images

2010

- Median sales price: $221,800
- Inflation-adjusted price: $309,904
- Median sales price by region:
-- Northeast: $329,900 ($460,944 in today's dollars)
-- Midwest: $197,700 ($276,231 in today's dollars)
-- South: $196,800 ($274,973 in today's dollars)
-- West: $259,300 ($362,300 in today's dollars)

Snow-covered Brooklyn homes in 2011.
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Education Images // Getty Images

2011

- Median sales price: $227,200
- Inflation-adjusted price: $307,786
- Median sales price by region:
-- Northeast: $322,800 ($437,294 in today's dollars)
-- Midwest: $203,300 ($275,409 in today's dollars)
-- South: $211,400 ($286,382 in today's dollars)
-- West: $256,000 ($346,801 in today's dollars)

Colorful Florida properties in 2012.
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Education Images // Getty Images

2012

- Median sales price: $245,200
- Inflation-adjusted price: $325,423
- Median sales price by region:
-- Northeast: $368,800 ($489,462 in today's dollars)
-- Midwest: $230,600 ($306,047 in today's dollars)
-- South: $227,000 ($301,269 in today's dollars)
-- West: $270,000 ($358,337 in today's dollars)

A brick Kentucky home in 2013.
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Education Images // Getty Images

2013

- Median sales price: $268,900
- Inflation-adjusted price: $351,721
- Median sales price by region:
-- Northeast: $371,200 ($485,530 in today's dollars)
-- Midwest: $255,300 ($333,933 in today's dollars)
-- South: $246,600 ($322,553 in today's dollars)
-- West: $310,500 ($406,134 in today's dollars)

A home in the Garden District of New Orleans in 2014.
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Tim Graham // Getty Images

2014

- Median sales price: $288,500
- Inflation-adjusted price: $371,359
- Median sales price by region:
-- Northeast: $398,000 ($512,308 in today's dollars)
-- Midwest: $273,800 ($352,437 in today's dollars)
-- South: $264,000 ($339,822 in today's dollars)
-- West: $339,000 ($436,363 in today's dollars)

Washington D.C. townhomes in 2015.
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DEA / ARCHIVIO J. LANGE // Getty Images

2015

- Median sales price: $294,200
- Inflation-adjusted price: $378,238
- Median sales price by region:
-- Northeast: $442,800 ($569,285 in today's dollars)
-- Midwest: $276,700 ($355,739 in today's dollars)
-- South: $271,500 ($349,054 in today's dollars)
-- West: $348,500 ($448,049 in today's dollars)

A Kentucky home in 2016.
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Education Images // Getty Images

2016

- Median sales price: $307,800
- Inflation-adjusted price: $390,770
- Median sales price by region:
-- Northeast: $428,300 ($543,752 in today's dollars)
-- Midwest: $277,100 ($351,795 in today's dollars)
-- South: $281,400 ($357,254 in today's dollars)
-- West: $367,700 ($466,817 in today's dollars)

Historic Charleston homes in 2017.
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Christopher Pillitz // Getty Images

2017

- Median sales price: $323,100
- Inflation-adjusted price: $401,634
- Median sales price by region:
-- Northeast: $490,400 ($609,598 in today's dollars)
-- Midwest: $284,400 ($353,527 in today's dollars)
-- South: $291,200 ($361,980 in today's dollars)
-- West: $390,000 ($484,795 in today's dollars)

A modern bedroom in 2018.
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View Pictures // Getty Images

2018

- Median sales price: $326,400
- Inflation-adjusted price: $396,076
- Median sales price by region:
-- Northeast: $484,600 ($588,046 in today's dollars)
-- Midwest: $290,900 ($352,998 in today's dollars)
-- South: $294,600 ($357,487 in today's dollars)
-- West: $410,600 ($498,250 in today's dollars)

An aerial view of suburban Long Island in 2019.
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Newsday LLC // Getty Images

2019

- Median sales price: $321,500
- Inflation-adjusted price: $383,183
- Median sales price by region:
-- Northeast: $482,500 ($575,072 in today's dollars)
-- Midwest: $289,200 ($344,686 in today's dollars)
-- South: $289,000 ($344,448 in today's dollars)
-- West: $408,000 ($486,279 in today's dollars)

A Raleigh, North Carolina, home in 2020.
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KAD Photo // Getty Images

2020

- Median sales price: $336,900
- Inflation-adjusted price: $396,575
- Median sales price by region:
-- Northeast: $470,700 ($554,075 in today's dollars)
-- Midwest: $298,100 ($350,903 in today's dollars)
-- South: $299,000 ($351,962 in today's dollars)
-- West: $412,600 ($485,684 in today's dollars)

An aerial view of homes in Oakland, California.
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MediaNews Group/East Bay Times // Getty Images

2021

- Median sales price: $397,100
- Inflation-adjusted price: $446,530
- Median sales price by region:
-- Northeast: $560,900 ($630,719 in today's dollars)
-- Midwest: $339,900 ($382,210 in today's dollars)
-- South: $355,900 ($400,201 in today's dollars)
-- West: $510,400 ($573,933 in today's dollars)

An aerial view of the Gladden Farms subdivision in the Sonoran Desert.
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Wild Horizon // Getty Images

2022

- Median sales price: $457,800
- Inflation-adjusted price: $476,713
- Median sales price by region:
-- Northeast: $640,200 ($666,648 in today's dollars)
-- Midwest: $405,000 ($421,731 in today's dollars)
-- South: $412,700 ($429,750 in today's dollars)
-- West: $578,800 ($602,712 in today's dollars)

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Arina P Habich // Shutterstock

2023

- Median sales price: $428,600
- Inflation-adjusted price: $428,600
- Median sales price by region:
-- Northeast: $760,700 ($760,700 in today's dollars)
-- Midwest: $396,300 ($396,300 in today's dollars)
-- South: $388,800 ($388,800 in today's dollars)
-- West: $536,200 ($536,200 in today's dollars)

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