What is the median price for "used" home in the united states?

Answer 1

The latest figures available from the National Association of Realtors indicates that the nationwide median price for a used home was $227,500 in the second quarter of 2006. Detailed information (including historical figures) for large geographical areas as well as particular metropolitan areas can be viewed at:

http://www.realtor.org/Research.nsf/files/REL06Q2T.pdf/$FILE/REL06Q2T.pdf

Good luck with your search for information.

Answer 2

I imagine that its probably around $250,000 or $300,000, possible more.

However, there are HUGE price differences between each coast. Literally. I live in the Great Plains area of the U.S. and an average home out here is probably $150,000 or less, especiall yif you are looking to live outside the bigger cities.

For example, my folks bought a large 3 bedroom/ 1 1/2 bath completely remodeled GORGEOUS Victorian style farm house in a small town. It has a wrap around porch that is on 3 sides. It has a detatched deep 2 car garage with a finished office upstairs PLUS its on half a block. They paid a whopping $114,000 for it 3 years ago.

I adore this house..as a matter of fact, I found it for them. I plan on inheriting it one day. =)

My husband and I own a small acreage outside of town with a large 3 bedroom 1 1/2 bath home (about 2,700sqft) with a barn and other outbuildings on 24 acres. We paid $65,000 or so for it 4 years ago.

The Great Plains states are great places to raise families, with low crime and jobs that dont have enough workers. You might have to commute a little bit, but there is NO traffic. My husband works at a factory 35 miles away. If he passes 4 to 6 people coming or going to work, its been a high traffic commute.

I know this doesnt really answer your question but your question inspired me to point out some of the benifits of living in the center of the U.S!

Good luck and Goddess Bless!

Answer 3

Homes are not sold as USED,,,here,,,However a median price now would be a quarter million.

That is inflated, exponentially, and cyclically. It is a softer market now than in the past 5 years, but you won't see prices ever drop to reasonable, affordable levels,,,in your lifetime.

Sadly, this country has priced itself out of the means of the majority,,,unless they are willing to suffer in a lifestyle where their mortgage is their prison, and their home is not the CASTLE they dreamed of.

BIG SIGH.

Rev. Steven

Answer 4

Depends on the Area, Coastal, $500k, Midwest, $125,k, and lower, Texas is still a bargain state. Indiana is a bargain, south of FT Wayne, new homes can be had for under $100 k, I live in Michigan, I will sell my home next year, 2000 sf, will ask $180,k, 8 years old.

Answer 5

"the the remainder of the worldwide" is an fairly obscure and all-inclusive word. Iranian rulers do no longer see the u . s . as a beacon of homestead and freedom, yet i understand many Iranian people who see the u . s . as such, as a place the place they do no longer look to be compelled to assert 5 pretend prayers an afternoon or placed on a headband on their hair. in simple terms ask the Iranians of L.A. in the event that they had want to circulate back "homestead". As for the "homestead" thought, i might say that a lot of human beings interior the worldwide might gladly go away their own to grow to be American. it extremely is amazingly substantial, so i think of your "very conservative" pal is stable.

Answer 6

it depends on what state, Mo. is cheaper than Cali. I would imagine the average national cost for a 1bed 1bath is around $150 thous. again it depends on where you look. As for living beyond our means maybe people shouldn't buy what they cant afford! I am living fine and enjoying life.