Most Expensive States To Buy A Home

There is no hiding that living beach side or on the coast somewhere is ideal! Who doesn’t want to spend a day off at the beach with loved ones, soaking up the sun and pushing your toes into the sand, and of course swimming in the ocean! This idea is exactly why buying a house in these coastal areas can come at a high price and to add the cost of living is always higher as well. It comes at no surprise that the top three places to buy a house are Hawaii, California and Oregon. The median home price in Hawaii is $615,300. The median home price in California is $505,000 and the median home price in Oregon is $312,000. Not far behind these states is Washington and Colorado. Yes, Colorado! This may come as a surprise, since Colorado is a non coastal state, however according the data pulled in 2022 by HomeBuyer.com, it takes 21.92% of the median household income to buy a house there and it has an estimated monthly mortgage payment of $1,483.30. What are your thoughts on this? Can you agree with these statistics or have you experienced this to be true? Read more here.