Here’s how much housing prices have skyrocketed over the last 50 years

CNBC

Here’s how much housing prices have skyrocketed over the last 50 years

If you want to buy a house this year, you may well be paying around $199,200, the median price for a home in the U.S., according to Zillow.

That number might be lower if you if live somewhere like Ohio or Michigan, but if you happen to reside in a large coastal city such as New York or San Francisco, that number will be a lot higher. In fact, it could cost you well over $1 million to purchase a home.

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