The Median U.S. Home Price Is Now $391,200. Can You Swing It?

The Median U.S. Home Price Is Now $391,200. Can You Swing It?

There's a reason so many wannabe buyers continue to struggle to become homeowners. Housing prices have been sky-high since the latter part of 2020, and even though mortgage rates have been on the rise this year, buyer demand doesn't seem to be dropping off. In April, homes stayed on the market for an average of just 17 days before being scooped up, reports the National Association of Realtors.