How Much Homes Could Cost in Every State in 2030

The price of housing has become absurdly expensive, making it difficult to imagine the halcyon days of the post-WWII American Dream, when home ownership was a lot more affordable. Unfortunately, the cost of homes is projected to rise in the next five years. 

Home prices going up, on average, not only because of a dwindling supply that cannot keep up with the soaring demand but because of some lasting impacts of the pandemic. One such impact has been dubbed the “Great Reshuffling” — the phenomenon of Americans moving during and after the pandemic thanks in part to the rise in remote work options. 

In May 2023, RenoFi published a report that explored the effects the pandemic has had on the housing market and, incorporating those findings, projected what the average home in every U.S. state could be in September 2030. Here’s what the average home price could be by 2030, with states listed in order of highest to lowest projected home price.

Also see the current state of the housing market in every state.

• Projected average home price in 2030: $1,048,100

According to RenoFi’s report, the Golden State was impacted by the pandemic by 2.97%.  

• Projected average home price in 2030: $889,627 

The most expensive state in the U.S. was one of the least affected states by the pandemic. Its 2030 home average projection price was impacted by the pandemic by just 0.78%, according to RenoFi.

• Projected average home price in 2030: $782,708 

According to RenoFi’s report, the COVID-19 pandemic impacted the Washington 2030 home average projection price by 4.71% — a high percentage.

• Projected average home price in 2030: $763,309

Colorado’s 2030 home average projection price was impacted by the pandemic by 2.70%.

• Projected average home price in 2030: $672,847 

The Beehive State’s 2030 home average projection price was impacted by the pandemic by 5.04% — quite a high percentage.

• Projected average home price in 2030: $652,526 

Nevada’s 2030 home average projection price was impacted by the pandemic by 2.92%.

• Projected average home price in 2030: $631,143

According to RenoFi’s report, the Beaver State’s 2030 home average projection price was impacted by the pandemic by 3.30%.

• Projected average home price in 2030: $628,000

Idaho’s 2030 home average projection price was impacted by the pandemic by 5.37%. It’s one of the most affected states in the U.S. in this regard.

• Projected average home price in 2030: $626,935 

According to RenoFi’s report, the Bay State’s 2030 home average projection price was impacted by the pandemic by 3.21%.

• Projected average home price in 2030: $557,853

Arizona’s 2030 home average projection price was impacted by the pandemic by 5.73%. It’s the second-most-affected state in the U.S., according to RenoFi.

• Projected average home price in 2030: $437,921

The Sunshine State’s 2030 home average projection price was impacted by the pandemic by 6.61%. It’s the most affected state in the U.S., according to RenoFi.

• Projected average home price in 2030: $433,726

According to RenoFi’s report, New Hampshire’s 2030 home average projection price was impacted by the pandemic by 3.67%.

• Projected average home price in 2030: $432,397

Montana’s 2030 home average projection price was impacted by the pandemic by 3.13%.

• Projected average home price in 2030: $426,023

According to RenoFi’s report, New York’s 2030 home average projection price was impacted by the pandemic by 2.13%.

• Projected average home price in 2030: $411,073

Rhode Island’s 2030 home average projection price was impacted by the pandemic by 3.25%.

• Projected average home price in 2030: $400,549 

The Land of 10,000 Lakes’ 2030 home average projection price was impacted by the pandemic by 2.27%.

• Projected average home price in 2030: $389,180

According to RenoFi’s report, New Jersey’s 2030 home average projection price was impacted by the pandemic by 2.91%.

• Projected average home price in 2030: $385,066

Kansas’ 2030 home average projection price was impacted by the pandemic by 2.43%.

• Projected average home price in 2030: $384,978

According to RenoFi’s report, Maryland’s 2030 home average projection price was impacted by the pandemic by 2.87%.

• Projected average home price in 2030: $371,876

Delaware’s 2030 home average projection price was impacted by the pandemic by 2.33%.

• Projected average home price in 2030: $370,626

According to RenoFi’s report, Virginia’s 2030 home average projection price was impacted by the pandemic by 2.41%.

• Projected average home price in 2030: $355,789

According to RenoFi’s report, the Pine Tree State’s 2030 home average projection price was impacted by the pandemic by 3.59%.

• Projected average home price in 2030: $343,059

Texas’ 2030 home average projection price was impacted by the pandemic by 2.37%.

• Projected average home price in 2030: $334,367

According to RenoFi’s report, Wyoming’s 2030 home average projection price was impacted by the pandemic by just 0.79%.

• Projected average home price in 2030: $331,524

North Dakota’s 2030 home average projection price was impacted by the pandemic by 0.43% — the second least affected.

• Projected average home price in 2030: $331,161

According to RenoFi’s report, Georgia’s 2030 home average projection price was impacted by the pandemic by 2.90%.

• Projected average home price in 2030: $323,513

Alaska’s 2030 home average projection price was impacted by the pandemic by negative 3.28%. It’s the least affected state in this regard.

• Projected average home price in 2030: $321,592

According to RenoFi’s report, Michigan’s 2030 home average projection price was impacted by the pandemic by 2.25%.

• Projected average home price in 2030: $312,671

The Green Mountain State’s 2030 home average projection price was impacted by the pandemic by 1.91%.

• Projected average home price in 2030: $310,614

According to RenoFi’s report, South Dakota’s 2030 home average projection price was impacted by the pandemic by 1.40%.

• Projected average home price in 2030: $294,008

Tennessee’s 2030 home average projection price was impacted by the pandemic by 4.23%, which is on the higher side.

• Projected average home price in 2030: $290,723

According to RenoFi’s report, North Carolina’s 2030 home average projection price was impacted by the pandemic by 3.37%.

• Projected average home price in 2030: $276,480

Wisconsin’s 2030 home average projection price was impacted by the pandemic by 3.02%.

• Projected average home price in 2030: $274,034

According to RenoFi’s report, Connecticut’s 2030 home average projection price was impacted by the pandemic by 3.44%.

• Projected average home price in 2030: $269,080

The Land of Enchantment’s 2030 home average projection price was impacted by the pandemic by 3.83% — on the higher end.

• Projected average home price in 2030: $267,912

According to RenoFi’s report, Nebraska’s 2030 home average projection price was impacted by the pandemic by 1.67% — on the lower end.

• Projected average home price in 2030: $258,727

South Carolina’s 2030 home average projection price was impacted by the pandemic by 3.14% — on the higher end.

• Projected average home price in 2030: $250,149

According to RenoFi’s report, Pennsylvania’s 2030 home average projection price was impacted by the pandemic by 3.02%.

• Projected average home price in 2030: $244,028

Illinois’ 2030 home average projection price was impacted by the pandemic by 1.46%.

• Projected average home price in 2030: $232,692

The Hoosier State’s 2030 home average projection price was impacted by the pandemic by 3.13%.

• Projected average home price in 2030: $226,674

According to RenoFi’s report, Missouri’s 2030 home average projection price was impacted by the pandemic by 3.64%.

• Projected average home price in 2030: $216,949

Ohio’s 2030 home average projection price was impacted by the pandemic by 3.23%.

• Projected average home price in 2030: $205,342

According to RenoFi’s report, Kentucky’s 2030 home average projection price was impacted by the pandemic by 2.00%.

• Projected average home price in 2030: $202,041

Iowa’s 2030 home average projection price was impacted by the pandemic by 1.29%.

• Projected average home price in 2030: $196,248

According to RenoFi’s report, Louisiana’s 2030 home average projection price was impacted by the pandemic by 1.18%.

• Projected average home price in 2030: $187,500

According to RenoFi’s report, the Cotton State’s 2030 home average projection price was impacted by the pandemic by 3.45%.

• Projected average home price in 2030: $176,152

Arkansas’ 2030 home average projection price was impacted by the pandemic by 2.26%.

• Projected average home price in 2030: $176,152

According to RenoFi’s report, Oklahoma’s 2030 home average projection price was impacted by the pandemic by 3.03%.

• Projected average home price in 2030: $153,610

Mississippi’s 2030 home average projection price was impacted by the pandemic by just 0.79%.

• Projected average home price in 2030: $128,415

According to RenoFi’s report, West Virginia’s 2030 home average projection price was impacted by the pandemic by only 0.94%.