How Much Does a House Cost

By on July 30, 2010 in ArticlesHow Much Does

Perhaps you rent an apartment or home and are wondering, how much does a house cost? And you may also want to find out How do you buy a house with bad credit?

That question can only be answered after the following questions have been answered:

• Where is the house located? (Is the house somewhere on the West Coast or East Coast? Is the house in rural Kansas? Is the house near a dump or a stock yard or an open field? Is the house in Alaska or Hawaii, states that are not contiguous?)

• What is the house's condition? (Is it in excellent condition? Good condition? Okay condition? Poor condition? Horrible condition?)

• What is the house's size? (Does the house exceed 2,000 square feet? Is it a one-story house or a two-story house? How many bathrooms does the house have?)

• How is the real-estate market proceeding in the desired area during the current economic crisis? (Are housing prices in the desired area going up or down? Have housing prices seemingly settled? Or could they go down further?)

Taking into account these questions, and any others of your own choosing, will help you to find a baseline cost of a house within your desired area (thereby answering the question, How much does a house cost?).

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According to Tulia research, the following are current average prices and current median prices for houses in the United States:

• Alabama: average price, $246,269; median price, $140,000

• Alaska: average price, $315,768; median price, $210,700

• Arizona: average price, $317,739; median price, $248,229

• Arkansas: average price, $206,800; median price, $123,000

• California: average price, $700,784; median price, $452,000

• Colorado: average price, $497,761; median price, $240,000

• Connecticut: average price, $575,892; median price, $260,000

• Delaware: average price, $336,844; median price, $237,000

• District of Columbia (Washington D.C.); average price, $686,312; median price, $720,000

• Florida: average price, $391,346; median price, $236,000

• Georgia: average price, $271,337; median price, $172,000

• Hawaii: average price, $883,486; median price, $522,000

• Idaho: average price, $324,276; median price, $85,000

• Illinois: average price, $322,987; median price, $230,000

• Indiana: average price, $194,899; median price, $63,655

• Iowa: average price, $197,701; median price, $150,500

• Kansas: average price, $210,951; median price, $59,044

• Kentucky: average price, $214,716; median price, $134,500

• Louisiana: average price, $229,664; median price, $165,000

• Maine: average price, $314,054; median price, $155,300

• Maryland: average price, $393,480; median price, $320,000

• Massachusetts: average price, $535,038; median price, $310,000

• Michigan: average price, $202,042; median price, $123,192

• Minnesota: average price, $275,377; median price, $196,812

• Mississippi: average price, $203,400; median price, $82,700

• Missouri: average price, $220,227; median price, $84,624

• Montana: average price, $458,427; median price, $151,300

• Nebraska: average price, $199,198; median price, $150,000

• Nevada: average price, $349,994; median price, $309,995

• New Hampshire: average price, $336,065; median price, $259,500

• New Jersey: average price, $482,012; median price, $342,000

• New Mexico: average price, $359,034; median price, $127,503

• New York: average price, $703,348; median price, $350,000

• North Carolina: average price, $305,638; median price, $136,149

• North Dakota: average price, $190,510; median price, $88,600

• Ohio: average price, $185,798; median price, $133,358

• Oklahoma: average price, $209,988; median price, $106,000

• Oregon: average price, $342,761; median price, $244,900

• Pennsylvania: average price, $277,321; median price, $179,900

• Rhode Island: average price, $416,827; median price, $265,000

• South Carolina: average price, $305,448; median price, $129,900

• South Dakota: average price, $225,374; median price, $101,700

• Tennessee: average price, $250,587; median price, $132,500

• Texas: average price, $279,653; median price, $144,900

• Utah: average price, $376,147; median price, $129,000

• Vermont: average price, $376,712; median price, $159,355

• Virginia: average price, $357,679; median price, $329,900

• Washington: average price, $389,099; median price, $305,950

• West Virginia: average price, $204,771; median price, $105,000

• Wisconsin: average price, $249,154; median price, $198,000

• Wyoming: average price, $511,754; median price, $130,702

According to the U.S. Census Bureau, the average price of a house in the United States in 2009 was $270,900. The median price of a house in the United States in 2009, however, was $216,700.

Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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