Statistics · 2026 · Real Estate
Housing Market by State Statistics (2026)
Hawaii has the highest median metro list price among 47 ranked states at $835,000, and West Virginia has the lowest at $199,450, in September 2026 Realtor.com data. Each is a median across the state’s tracked metros, not a state-wide median. Wyoming (5.94%) and Illinois (5.90%) are nearly tied for the fastest list-price growth, and Connecticut sells fastest at 40 days.
Key takeaways
- Hawaii ranks first on median metro list price at $835,000, 4.2 times West Virginia at $199,450.
- 22 of 47 ranked states have a rising median list price year over year, 24 a falling one and 1 no change.
- Median days on market run from 40 in Connecticut to 104 in Hawaii.
- West Virginia has the highest median gross rental yield, 5.82%, across 7 metros.
- New Jersey, with three metros, has the highest weighted metro property-tax rate, 2.32%, and Hawaii, with three metros, the lowest, 0.27%.
How the state figures are built. A state figure is the median of its tracked metros’ own medians, not a state-wide median. The pool holds 775 metros with at least 100 active listings; a metro that crosses a state line counts once, under its principal city’s state. States need at least 3 metros to rank, which leaves out Alaska (2), District of Columbia (1), Delaware (2), and Rhode Island (1). An asterisk marks the 2 ranked states with exactly 3 metros. The 17 resort records with no CBSA code, such as Aspen and Martha’s Vineyard, are excluded because they overlap real metros; adding those with 100 or more listings would lift the Colorado median from $568,700 to $612,500 and the Massachusetts median from $554,500 to $669,639.
Which states have the most expensive homes?
Hawaii has the highest median metro list price at $835,000, ahead of Montana at $596,100 and California at $572,500 in September 2026 Realtor.com data. These are medians of each state’s tracked metros, not state-wide medians, and 47 states are ranked.
1. Hawaii leads at $835,000
The figure is the median of 4 metros. The five highest are Hawaii ($835,000), Montana ($596,100), California ($572,500), Colorado ($568,700), New Hampshire ($566,225) (WealthyBud data · 775 metros · September 2026). Hawaii’s priciest tracked metro is Kapaa, HI.
2. 10 of 47 states have a median metro list price of $500,000 or more
The median state figure is $367,487, and the highest is 4.2 times the lowest (WealthyBud data · 775 metros · September 2026).
3. Census ACS: Hawaii’s median home value is $875,900
The 2024 1-year American Community Survey table B25077 gives $875,900 (margin of error ±$14,013) as the highest median value among the 50 states and the District of Columbia. The Census defines value as the owner’s estimate of what a home would sell for, so this page does not rank it against list prices.
| State | Metros | Median list price | YoY change | Days on market | Gross yield (metros) |
|---|---|---|---|---|---|
| Hawaii | 4 | $835,000 | 0.34% | 104 | n/a (2) |
| Montana | 7 | $596,100 | −0.69% | 71 | 3.27% (5) |
| California | 33 | $572,500 | −1.63% | 58 | 4.05% (25) |
| Colorado | 16 | $568,700 | −3.95% | 78.5 | 3.75% (7) |
| New Hampshire | 5 | $566,225 | −1.53% | 56 | n/a (1) |
| Massachusetts | 9 | $554,500 | 1.37% | 55 | 4.28% (6) |
| Washington | 20 | $553,563 | −0.96% | 67 | 3.69% (11) |
| Utah | 9 | $537,213 | −1.16% | 66 | 3.07% (5) |
| Nevada | 6 | $528,791 | 0.86% | 56 | 3.36% (3) |
| Oregon | 18 | $521,000 | −2.06% | 82.5 | 3.54% (8) |
| Vermont | 5 | $498,563 | −3.68% | 76 | n/a (1) |
| Wyoming | 9 | $473,975 | 5.94% | 75 | n/a (2) |
| Connecticut | 7 | $469,974 | 0.00% | 40 | 4.97% (5) |
| Idaho | 13 | $465,750 | 1.05% | 63 | 3.33% (6) |
| New Jersey* | 3 | $449,900 | 0.37% | 52 | 5.20% (3) |
| Arizona | 10 | $437,475 | −3.55% | 77.5 | 4.52% (7) |
| South Dakota* | 3 | $417,450 | −2.09% | 64 | n/a (2) |
| Virginia | 12 | $397,250 | 0.47% | 55.5 | 4.07% (9) |
| Maine | 4 | $382,088 | −0.65% | 52.5 | 5.15% (3) |
| New Mexico | 12 | $379,863 | −3.64% | 83.5 | 3.36% (4) |
| Tennessee | 26 | $372,617 | 0.63% | 68 | 3.84% (10) |
| Florida | 28 | $372,363 | −2.58% | 85.5 | 5.13% (22) |
| Wisconsin | 24 | $368,488 | 0.12% | 45 | 3.90% (13) |
| Maryland | 8 | $367,487 | 0.71% | 66 | 5.06% (4) |
| North Dakota | 6 | $359,947 | 3.15% | 50 | 3.52% (4) |
| Minnesota | 18 | $356,960 | −0.14% | 57 | 4.29% (5) |
| North Carolina | 38 | $344,435 | −2.09% | 71 | 4.33% (15) |
| Kentucky | 18 | $315,288 | 1.22% | 61 | 4.33% (6) |
| Indiana | 23 | $309,250 | 1.07% | 52 | 4.89% (12) |
| Georgia | 31 | $308,900 | −2.86% | 71 | 4.72% (14) |
| Nebraska | 10 | $306,250 | −0.70% | 57 | 4.19% (3) |
| South Carolina | 13 | $304,950 | −2.88% | 73 | 4.83% (8) |
| Texas | 57 | $299,216 | −2.84% | 80 | 4.95% (26) |
| Michigan | 30 | $298,550 | −0.02% | 49 | 5.07% (15) |
| Alabama | 22 | $294,675 | 0.16% | 69 | 4.25% (12) |
| New York | 24 | $278,538 | 2.14% | 56 | 5.31% (13) |
| Mississippi | 13 | $277,000 | −0.18% | 75 | 4.46% (3) |
| Missouri | 20 | $274,975 | 1.03% | 51 | 4.33% (8) |
| Iowa | 17 | $267,463 | 4.33% | 54 | 4.48% (8) |
| Pennsylvania | 28 | $265,700 | 0.38% | 50.5 | 5.50% (16) |
| Arkansas | 17 | $262,450 | −1.54% | 69 | 4.28% (5) |
| Ohio | 24 | $259,938 | −0.02% | 44.5 | 5.73% (12) |
| Kansas | 10 | $250,850 | 0.10% | 54.5 | 4.46% (4) |
| Louisiana | 15 | $241,495 | −2.04% | 74 | 5.29% (10) |
| Oklahoma | 17 | $239,925 | 1.83% | 70 | 5.24% (4) |
| Illinois | 18 | $206,073 | 5.90% | 48 | 5.68% (8) |
| West Virginia | 9 | $199,450 | 1.38% | 58 | 5.82% (7) |
Explore every state's metros on the map
Which states have the cheapest homes?
West Virginia has the lowest median metro list price at $199,450, followed by Illinois at $206,073 and Oklahoma at $239,925. 15 of 47 ranked states have a median under $300,000. Each figure is a median across tracked metros, not a state-wide median.
4. West Virginia is lowest at $199,450
The figure covers 9 metros. The five lowest are West Virginia ($199,450), Illinois ($206,073), Oklahoma ($239,925), Louisiana ($241,495), Kansas ($250,850) (WealthyBud data · 775 metros · September 2026). West Virginia’s priciest tracked metro is Morgantown, WV. For per-foot prices, see price per square foot statistics.
5. Census ACS: West Virginia’s median home value is $170,800
The 2024 1-year ACS estimate (margin of error ±$2,594) is the lowest among the 50 states and the District of Columbia. They are owner estimates, separate from list prices.
Where are home prices rising fastest?
Wyoming has the fastest list-price growth at 5.94%, followed by Illinois at 5.90%, a near-tie (less than 0.1 points apart). 22 of 47 ranked states show a rising median and 24 a falling one, with 1 unchanged. Each figure is the median of the state’s metro changes in median list price.
6. 22 states up, 24 down, 1 unchanged
Unchanged means the state median is exactly 0.00% (Connecticut). Among the 775 pooled metros, 344 rose, 423 fell and 8 did not change (WealthyBud data · 775 metros · September 2026).
7. Fastest growth: Wyoming (5.94%), Illinois (5.90%), Iowa (4.33%), North Dakota (3.15%), New York (2.14%)
These are changes in median asking price, not sale prices. The top two are a near-tie, less than 0.1 points apart. State medians here rest on 6 to 24 metros (WealthyBud data · 775 metros · September 2026).
8. Steepest declines: Colorado (−3.95%), Vermont (−3.68%), New Mexico (−3.64%), Arizona (−3.55%), South Carolina (−2.88%)
This page reports the changes and does not test why prices moved (WealthyBud data · 775 metros · September 2026).
Where do homes sell fastest?
Connecticut has the shortest median days on market at 40, and Hawaii the longest at 104. 22 of 47 ranked states are under 60 days. Each figure is the median of the state’s tracked metros in September 2026, not a state-wide median.
9. Connecticut is fastest at 40 days
The five fastest are Connecticut (40), Ohio (44.5), Wisconsin (45), Illinois (48), Michigan (49) (WealthyBud data · 775 metros · September 2026).
10. Hawaii is slowest at 104 days
The five slowest are Hawaii (104), Florida (85.5), New Mexico (83.5), Oregon (82.5), Texas (80). The median of all 775 pooled metros is 64 days (WealthyBud data · 775 metros · September 2026). See days on market statistics.
Which states offer the highest rental yields?
West Virginia has the highest median gross rental yield at 5.82%, ahead of Ohio at 5.73%. Utah has the lowest at 3.07%. Gross yield is annual HUD two-bedroom Fair Market Rent divided by median list price, before taxes and costs. 42 states have enough metros with HUD data to rank.
11. West Virginia leads at 5.82% gross
The state median rests on 7 metros with HUD data, and a state needs at least 3. HUD sets each Fair Market Rent at the 40th percentile of gross rents, so the yield is WealthyBud’s estimate (WealthyBud data · 374 metros with rent data · September 2026).
- West Virginia has a 5.82% median gross yield across 7 metros.
- Ohio has a 5.73% median gross yield across 12 metros.
- Illinois has a 5.68% median gross yield across 8 metros.
- Pennsylvania has a 5.50% median gross yield across 16 metros.
- New York has a 5.31% median gross yield across 13 metros.
12. 12 of 42 states are at 5% or above; 11 are under 4%
The lowest are Utah (3.07%), Montana (3.27%), Idaho (3.33%), Nevada and New Mexico (3.36%, tied). 5 ranked states have fewer than 3 metros with rent data and show n/a (WealthyBud data · 374 metros with rent data · September 2026). See rent statistics.
How do states compare on property taxes?
New Jersey has the highest population-weighted metro property-tax rate at 2.32%, followed by Illinois at 2.09% and Connecticut at 1.92%. Hawaii has the lowest at 0.27%. The rates cover metros of 100,000 or more people, from Census 2023 estimates, not whole states.
13. Highest-rate states: New Jersey (2.32%, three metros), Illinois (2.09%), Connecticut (1.92%), New Hampshire (1.86%, three metros), New York (1.82%)
Each rate weights a state’s metros by population, using Census ACS 2023 estimates of taxes over home value. 42 states have three or more such metros, the same rule and pool as property tax statistics (WealthyBud data · 383 metros · September 2026).
14. Lowest-rate states: Hawaii (0.27%, three metros), Alabama (0.41%), Colorado (0.49%), South Carolina (0.50%), Utah (0.53%, tied), Arizona (0.53%, tied)
The metro counts in the table below use a population cut.
| Position | State | Weighted metro rate | Metros counted |
|---|---|---|---|
| Highest 1 | New Jersey | 2.32% | 3 |
| Highest 2 | Illinois | 2.09% | 9 |
| Highest 3 | Connecticut | 1.92% | 6 |
| Highest 4 | New Hampshire | 1.86% | 3 |
| Highest 5 | New York | 1.82% | 14 |
| Lowest 1 | Hawaii | 0.27% | 3 |
| Lowest 2 | Alabama | 0.41% | 12 |
| Lowest 3 | Colorado | 0.49% | 7 |
| Lowest 4 | South Carolina | 0.50% | 8 |
| Lowest 5= | Utah | 0.53% | 5 |
| Lowest 6= | Arizona | 0.53% | 8 |
15. Higher-tax half of states yields 4.96%, lower-tax half 4.30%
Among 40 states ranked on both, the half with tax rates at or above the 0.83% median has a median gross yield of 4.96% and list price of $328,088; the other half has 4.30% and $358,399. Gross yield ignores tax. This describes two groups and does not explain them (WealthyBud data · 40 states · September 2026).
What this means for buyers and investors
For buyers, treat a state figure as a starting point and open the metro behind it, such as Kapaa, HI.
For investors, weigh gross yield against tax and local rents, then use the investor screener.
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