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Here’s how much housing prices have skyrocketed over the past 50 years in every U.S. state

Posted by   /  June 28, 2017  /  No Comments

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By Emmie Martin | CNBC

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’s far more than you’d have forked over 10, 20 or 50 years ago. In 1940, the median home value in the U.S. was just $2,938. In 1980, it was $47,200, and by 2000, it had risen to $119,600. Even adjusted for inflation, the median home price in 1940 would only have been $30,600 in 2000 dollars, according to data from the U.S. Census.

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