National Housing Overview
A comprehensive look at America's housing affordability landscape, powered by FRED economic data and state-level statistics.
Median Home Price
🏠$405K
Homeownership Rate
🏡65.7%
30-Yr Mortgage Rate
📈6.4%
Median Rent
🔑$1,895
/month
Rent-Burdened Households
⚠️22,000,000
People Experiencing Homelessness
🚨770,000
+18% YoY
Affordable Home Shortage
📉7,300,000
units
Income Needed to Buy
💰$110K
per year
💡
Home prices have risen 60% since 2019, while the national price-to-income ratio stands at 5.5× — well above the 3-4× historically considered affordable. The racial homeownership gap remains 29 percentage points. Explore rent burden data →
Economic Indicators (FRED)
Historical trends from the Federal Reserve Economic Data.
Median Sales Price
$405K
30-Year Mortgage Rate
6.38%
Housing Starts (Thousands)
1487K
Building Permits (Thousands)
1376K
Homeownership Rate
65.7%
Case-Shiller Home Price Index
327
CPI Rent of Primary Residence
442
Avg. Sales Price
$534K
💡
Housing starts and building permits have not kept pace with household formation, contributing to a persistent shortage of affordable units nationwide. View the affordability map →
State Rankings
Top 10 most and least affordable states by affordability score.
🟢 Most Affordable States
| # | State | Score | Median Price |
|---|---|---|---|
| 1 | West Virginia | 80 | $164K |
| 2 | Iowa | 77 | $213K |
| 3 | Arkansas | 76 | $196K |
| 4 | North Dakota | 75 | $247K |
| 5 | Mississippi | 74 | $170K |
| 6 | Oklahoma | 74 | $209K |
| 7 | Kansas | 73 | $220K |
| 8 | Alabama | 72 | $217K |
| 9 | Nebraska | 72 | $245K |
| 10 | Indiana | 71 | $226K |
🔴 Least Affordable States
| # | State | Score | Median Price |
|---|---|---|---|
| 1 | Hawaii | 12 | $846K |
| 2 | California | 18 | $726K |
| 3 | New York | 22 | $420K |
| 4 | District of Columbia | 25 | $716K |
| 5 | Massachusetts | 25 | $571K |
| 6 | Washington | 28 | $576K |
| 7 | Florida | 28 | $381K |
| 8 | Oregon | 30 | $485K |
| 9 | New Jersey | 30 | $461K |
| 10 | Nevada | 34 | $441K |
💡
Only 35 affordable rental homes exist for every 100 extremely low-income renter households. The shortage is most severe in the least affordable states above. See full state rankings →