April 24, 2024 5:52 pm
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Here’s how much a typical starter home costs in every state

Artazum / Shutterstock / Business Insider

By Hillary Hoffower | Business Insider

  • Home prices are increasing, leaving fewer starter homes on the real-estate market.
  • While some millennials are bypassing starter homes altogether, others are still looking to buy one.
  • We teamed up with Zillow to find out the typical cost of a starter home in every state.
  • Visit Business Insider’s homepage for more stories.

Millennials are waiting longer than ever to buy homes, partly because of rising housing costs.

Currently, the real estate market is a seller’s market, according to Zillow. This causes home prices to shoot up, leaving minimal inventory at the middle and low end of the housing market, Spencer Rascoff, Zillow’s CEO, previously told Business Insider’s Alyson Shontell.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.