The Median Home Values in the Largest City in Every State

Ryan Tronier
·2 min read

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Homeownership is a common way to build wealth. According to the U.S. Census Bureau, homeowners’ median net worth is 80 times larger than renters’ median net worth. But with soaring house prices nationwide, many potential homebuyers find themselves priced out of the housing market. Meeting the 20 percent down payment requirement for a mortgage loan is often considered the biggest barrier to home ownership.

The median home value for single-family homes, townhomes and condominiums hovered around $262,604 in 2020, according to real estate marketplace Zillow. Home values have increased 6.6% over the past year, and Zillow predicts they will rise 7.9% in 2021.

As part of our ongoing look at the housing market in the U.S., Slickdeals has analyzed housing data from real estate research firm Construction Coverage to find out the median home values in the largest city in every state.

Median Home Values in the Largest U.S. Cities

Location

Median Home Value

Birmingham, AL

$144,600

Anchorage, AK

$333,500

Phoenix, AZ

$241,500

Little Rock, AR

$140,500

Los Angeles, CA

$689,500

Denver, CO

$427,200

Bridgeport, CT

$174,700

Wilmington, DE

$232,700

Washington, DC

$581,200

Jacksonville, FL

$175,600

Atlanta, GA

$259,200

Honolulu, HI

$677,300

Boise, ID

$291,400

Chicago, IL

$228,500

Indianapolis, IN

$141,000

Des Moines, IA

$140,300

Wichita, KS

$127,300

Louisville, KY

$158,600

New Orleans, LA

$180,800

Portland, ME

$312,400

Baltimore, MD

$120,100

Boston, MA

$599,400

Detroit, MI

$160,000

Minneapolis, MN

$264,700

Jackson, MS

$143,900

Kansas City, MO

$148,400

Billings, MT

$236,600

Omaha, NE

$173,400

Las Vegas, NV

$273,500

Manchester, NH

$239,500

Newark, NJ

$249,900

Albuquerque, NM

$200,700

New York, NY

$680,000

Charlotte, NC

$224,200

Fargo, ND

$221,700

Columbus, Ohio

$152,300

Oklahoma City, OK

$129,900

Portland, OR

$426,300

Philadelphia, PA

$160,200

Providence, RI

$211,300

Charleston, SC

$322,300

Sioux Falls, SD

$189,100

Nashville, TN

$264,100

Houston, TX

$185,600

Salt Lake City, UT

$398,900

Burlington, VT

$319,200

Virginia Beach, VA

$266,000

Seattle, WA

$730,000

Charleston, WV

$107,900

Milwaukee, WI

$120,000

Cheyenne, WY

$255,000

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