Using data from the American Community Survey and the FHFA index, the National Association of Realtors Economist Outlook recently analyzed the gains and losses of property value over a period of time. Their research shows the states with the highest estimated median property values in 2017 were Hawaii ($637,892), District of Columbia ($605,756), California ($522,431), Massachusetts ($396,992), and Colorado ($342,967). Those states with the lowest estimated median property values in 2017 are Alabama ($141,714), Oklahoma ($137,387), Arkansas ($129,902), West Virginia ($122,791) and Mississippi ($118,019).
Be sure to click on the interactive map below.
Click here to read the full story at the NAR’s Economist Outlook blog.