Home values have more than doubled in the US since 1970 — here’s how much they have increased in every state

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The national median home value has increased by more than 100% from 1970 to 2017. James R. Martin/Shutterstock
  • Buying a home these days is more expensive than ever.
  • We calculated how much the median value of a home has changed over nearly 50 years using data from the US Census Bureau.
  • The national median home value adjusted for inflation has increased by 103% – and more than half of all states have seen their median home value more than double.

The cost to buy a home in America is more expensive than it’s ever been – so much so that millennial homeownership is at record lows because they have to spend more time saving money for a down payment.

So just how much has the value of a home changed over the past 50 years?

To find out, we took to the US Census Bureau, which provides a table showing median home values from previous decades in each state and the District of Columbia. We compared the median home value in 1970, adjusted for inflation to 2017 dollars using the Consumer Price Index, to the median home value in 2017, according to the Census Bureau’s American Community Survey, and calculated the percentage change.

Note that median means that half of the homes are valued above that number and half below. This data technically covers the past 47 years, but as the US Census Bureau’s table provided information on a decade basis, it’s the closest information available to the past 50 years.

In 1970, the national median home value adjusted for inflation was $US107,291; in 2017, it’s $US217,600 – that’s a 103% increase. In fact, more than half of all US States (including Washington, DC) have seen a median home value increase of more than 100%.

Take a look below, ranked from lowest to highest median home value percentage change.


51. Ohio

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Cost of a home in 1970: $US111,078

Cost of a home in 2017: $US144,200

Percentage change from 1970 to 2017:30%


50. Michigan

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Cost of a home in 1970: $US110,447

Cost of a home in 2017: $US155,700

Percentage change from 1970 to 2017:41%


49. Illinois

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Cost of a home in 1970: $US124,963

Cost of a home in 2017: $US195,300

Percentage change from 1970 to 2017:56%


48. Indiana

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Cost of a home in 1970: $US87,095

Cost of a home in 2017: $US141,100

Percentage change from 1970 to 2017:62%


47. Wisconsin

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Cost of a home in 1970: $US109,185

Cost of a home in 2017: $US178,900

Percentage change from 1970 to 2017:64%


46. West Virginia

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Cost of a home in 1970: $US71,317

Cost of a home in 2017: $US119,800

Percentage change from 1970 to 2017:68%


43 (TIE). Connecticut

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Cost of a home in 1970: $US160,937

Cost of a home in 2017: $US273,100

Percentage change from 1970 to 2017:70%


43 (TIE). Iowa

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Cost of a home in 1970: $US87,726

Cost of a home in 2017: $US149,100

Percentage change from 1970 to 2017:70%


43 (TIE). Mississippi

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Cost of a home in 1970: $US70,686

Cost of a home in 2017: $US120,200

Percentage change from 1970 to 2017:70%


42. Missouri

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Cost of a home in 1970: $US90,882

Cost of a home in 2017: $US156,700

Percentage change from 1970 to 2017:72%


41. Louisiana

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Cost of a home in 1970: $US92,144

Cost of a home in 2017: $US162,500

Percentage change from 1970 to 2017:76%


40. Kentucky

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Cost of a home in 1970: $US79,522

Cost of a home in 2017: $US141,000

Percentage change from 1970 to 2017:77%


39. Nevada

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Cost of a home in 1970: $US141,372

Cost of a home in 2017: $US258,200

Percentage change from 1970 to 2017:83%


38. Alabama

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Cost of a home in 1970: $US76,997

Cost of a home in 2017: $US141,300

Percentage change from 1970 to 2017:84%


37. Georgia

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Cost of a home in 1970: $US92,144

Cost of a home in 2017: $US173,700

Percentage change from 1970 to 2017:89%


36. Alaska

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Cost of a home in 1970: $US143,265

Cost of a home in 2017: $US273,100

Percentage change from 1970 to 2017:91%


35. Arkansas

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Cost of a home in 1970: $US66,268

Cost of a home in 2017: $US128,500

Percentage change from 1970 to 2017:94%


34. Oklahoma

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Cost of a home in 1970: $US70,055

Cost of a home in 2017: $US137,400

Percentage change from 1970 to 2017:96%


31 (TIE). Minnesota

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Cost of a home in 1970: $US113,602

Cost of a home in 2017: $US224,000

Percentage change from 1970 to 2017:97%


31 (TIE). South Carolina

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Cost of a home in 1970: $US82,046

Cost of a home in 2017: $US161,800

Percentage change from 1970 to 2017:97%


31 (TIE). Kansas

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Cost of a home in 1970: $US76,366

Cost of a home in 2017: $US150,600

Percentage change from 1970 to 2017:97%


30. Nebraska

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Cost of a home in 1970: $US78,259

Cost of a home in 2017: $US155,800

Percentage change from 1970 to 2017:99%


29. New Mexico

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Cost of a home in 1970: $US82,046

Cost of a home in 2017: $US171,300

Percentage change from 1970 to 2017:109%


28. Pennsylvania

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Cost of a home in 1970: $US85,833

Cost of a home in 2017: $US181,200

Percentage change from 1970 to 2017:111%


27 (TIE). North Carolina

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Cost of a home in 1970: $US80,784

Cost of a home in 2017: $US171,200

Percentage change from 1970 to 2017:112%


26 (TIE). Tennessee

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Cost of a home in 1970: $US78,891

Cost of a home in 2017: $US167,500

Percentage change from 1970 to 2017:112%


25. Arizona

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Cost of a home in 1970: $US102,873

Cost of a home in 2017: $US223,400

Percentage change from 1970 to 2017:117%


24. Vermont

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Cost of a home in 1970: $US103,504

Cost of a home in 2017: $US226,300

Percentage change from 1970 to 2017:119%


23. New York

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Cost of a home in 1970: $US142,003

Cost of a home in 2017: $US314,500

Percentage change from 1970 to 2017:121%


22. Wyoming

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Cost of a home in 1970: $US96,562

Cost of a home in 2017: $US214,300

Percentage change from 1970 to 2017:122%


21. Rhode Island

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Cost of a home in 1970: $US114,865

Cost of a home in 2017: $US257,800

Percentage change from 1970 to 2017:124%


20. Florida

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Cost of a home in 1970: $US94,669

Cost of a home in 2017: $US214,000

Percentage change from 1970 to 2017:126%


18 (TIE). New Jersey

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Cost of a home in 1970: $US147,683

Cost of a home in 2017: $US334,900

Percentage change from 1970 to 2017:127%


18 (TIE). Texas

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Cost of a home in 1970: $US75,735

Cost of a home in 2017: $US172,200

Percentage change from 1970 to 2017:127%


17 (TIE). Idaho

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Cost of a home in 1970: $US88,989

Cost of a home in 2017: $US207,100

Percentage change from 1970 to 2017:133%


16 (TIE). South Dakota

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Cost of a home in 1970: $US71,948

Cost of a home in 2017: $US167,600

Percentage change from 1970 to 2017:133%


15. Delaware

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Cost of a home in 1970: $US107,922

Cost of a home in 2017: $US252,800

Percentage change from 1970 to 2017:134%


13 (TIE). Maine

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Cost of a home in 1970: $US80,784

Cost of a home in 2017: $US191,200

Percentage change from 1970 to 2017:137%


13 (TIE). North Dakota

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Cost of a home in 1970: $US82,046

Cost of a home in 2017: $US194,700

Percentage change from 1970 to 2017:137%


12. Virginia

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Cost of a home in 1970: $US107,922

Cost of a home in 2017: $US273,400

Percentage change from 1970 to 2017:153%


11. New Hampshire

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Cost of a home in 1970: $US103,504

Cost of a home in 2017: $US263,600

Percentage change from 1970 to 2017:155%


10. Utah

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Cost of a home in 1970: $US106,029

Cost of a home in 2017: $US275,100

Percentage change from 1970 to 2017:159%


9. Montana

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Cost of a home in 1970: $US88,357

Cost of a home in 2017: $US231,300

Percentage change from 1970 to 2017:162%


8. Maryland

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Cost of a home in 1970: $US118,020

Cost of a home in 2017: $US312,500

Percentage change from 1970 to 2017:165%


7. Hawaii

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Cost of a home in 1970: $US221,525

Cost of a home in 2017: $US617,400

Percentage change from 1970 to 2017:179%


6. Washington

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Cost of a home in 1970: $US116,758

Cost of a home in 2017: $US339,000

Percentage change from 1970 to 2017:190%


5. Massachusetts

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Cost of a home in 1970: $US130,012

Cost of a home in 2017: $US385,400

Percentage change from 1970 to 2017:196%


4. Colorado

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Cost of a home in 1970: $US109,185

Cost of a home in 2017: $US348,900

Percentage change from 1970 to 2017:220%


3. Oregon

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Cost of a home in 1970: $US97,193

Cost of a home in 2017: $US319,200

Percentage change from 1970 to 2017:228%


2. California

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Cost of a home in 1970: $US145,790

Cost of a home in 2017: $US509,400

Percentage change from 1970 to 2017:249%


1. Washington, DC

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Cost of a home in 1970: $US134,430

Cost of a home in 2017: $US607,200

Percentage change from 1970 to 2017:352%