Housing Market 2023: Here’s the Average Home Price in Every State

Whether you’re interested in buying or selling a home, it’s important to know how much homes are worth in your area so you can gauge the real estate market. Home values are estimates of how much someone is willing to pay for a home in a given area.

To find the average home price in every state, GOBankingRates used the Zillow Home Value Index to find the August 2023 and August 2022 median home value for each state. This allowed us to calculate the year-over-year change in dollars and percent.

Although these home value estimates from Zillow aren’t official appraisals, they’re a good starting point to help you figure out how much your home is worth in your state.

• August 2022 Median Home Value: $217,932.45
• August 2023 Median Home Value: $220,663.56
• Year-over-Year Percentage Change: 1.25%

• August 2022 Median Home Value: $370,120.54
• August 2023 Median Home Value: $370,645.33
• Year-over-Year Percentage Change: 0.14%

• August 2022 Median Home Value: $467,582.89
• August 2023 Median Home Value: $431,911.95
• Year-over-Year Percentage Change: -7.63%

• August 2022 Median Home Value: $195,189.79
• August 2023 Median Home Value: $198,501.94
• Year-over-Year Percentage Change: 1.70%

• August 2022 Median Home Value: $786,405.83
• August 2023 Median Home Value: $764,721.54
• Year-over-Year Percentage Change: -2.76%

• August 2022 Median Home Value: $573,053.67
• August 2023 Median Home Value: $549,171.97
• Year-over-Year Percentage Change: -4.17%

• August 2022 Median Home Value: $383,360.92
• August 2023 Median Home Value: $407,740.96
• Year-over-Year Percentage Change: 6.36%

• August 2022 Median Home Value: $361,899.77
• August 2023 Median Home Value: $371,609.08
• Year-over-Year Percentage Change: 2.68%

• August 2022 Median Home Value: $755,797.39
• August 2023 Median Home Value: $723.081.23
• Year-over-Year Percentage Change: -4.33%

• August 2022 Median Home Value: $407,261.74
• August 2023 Median Home Value: $408,118.28
• Year-over-Year Percentage Change: 0.21%

• August 2022 Median Home Value: $318,838.59
• August 2023 Median Home Value: $320.922.92
• Year-over-Year Percentage Change: 0.65%

• August 2022 Median Home Value: $1,002,124.01
• August 2023 Median Home Value: $972,884.84
• Year-over-Year Percentage Change: -2.92%

• August 2022 Median Home Value: $485,479.54
• August 2023 Median Home Value: $445,298.27
• Year-over-Year Percentage Change: -8.28%

• August 2022 Median Home Value: $250,595.69
• August 2023 Median Home Value: $256,600.41
• Year-over-Year Percentage Change: 2.40%

• August 2022 Median Home Value: $227,145.93
• August 2023 Median Home Value: $234,165.99
• Year-over-Year Percentage Change: 3.09%

• August 2022 Median Home Value: $211,075.88
• August 2023 Median Home Value: $216,698.61
• Year-over-Year Percentage Change: 2.66%

• August 2022 Median Home Value: $211,600.33
• August 2023 Median Home Value: $220,219.76
• Year-over-Year Percentage Change: 4.07%

• August 2022 Median Home Value: $191,427.65
• August 2023 Median Home Value: $197,759.76
• Year-over-Year Percentage Change: 3.31%

• August 2022 Median Home Value: $209,189.39
• August 2023 Median Home Value: $201,120.89
• Year-over-Year Percentage Change: -3.86%

• August 2022 Median Home Value: $370,744.08
• August 2023 Median Home Value: $387,523.51
• Year-over-Year Percentage Change: 4.53%

• August 2022 Median Home Value: $411,477.35
• August 2023 Median Home Value: $418,999.69
• Year-over-Year Percentage Change: 1.83%

• August 2022 Median Home Value: $593,946.48
• August 2023 Median Home Value: $610,853.88
• Year-over-Year Percentage Change: 2.85%

• August 2022 Median Home Value: $232,325.30
• August 2023 Median Home Value: $235,827.22
• Year-over-Year Percentage Change: 1.51%

• August 2022 Median Home Value: $337,706.72
• August 2023 Median Home Value: $336,904.78
• Year-over-Year Percentage Change: -0.24%

• August 2022 Median Home Value: $180,009.42
• August 2023 Median Home Value: $176,829.86
• Year-over-Year Percentage Change: -1.77%

• August 2022 Median Home Value: $235,002.18
• August 2023 Median Home Value: $240,768.18
• Year-over-Year Percentage Change: 2.45%

• August 2022 Median Home Value: $463,646.14
• August 2023 Median Home Value: $456,074.42
• Year-over-Year Percentage Change: -1.63%

• August 2022 Median Home Value: $244,952.78
• August 2023 Median Home Value: $255,266.79
• Year-over-Year Percentage Change: 4.21%

• August 2022 Median Home Value: $471,754.61
• August 2023 Median Home Value: $433,802.11
• Year-over-Year Percentage Change: -8.04%

• August 2022 Median Home Value: $451,681.51
• August 2023 Median Home Value: $473,379.61
• Year-over-Year Percentage Change: 4.80%

• August 2022 Median Home Value: $484,902.57
• August 2023 Median Home Value: $509,666.68
• Year-over-Year Percentage Change: 5.11%

• August 2022 Median Home Value: $286,674.08
• August 2023 Median Home Value: $294,313.87
• Year-over-Year Percentage Change: 2.66%

• August 2022 Median Home Value: $413,588.67
• August 2023 Median Home Value: $426,660.95
• Year-over-Year Percentage Change: 3.16%

• August 2022 Median Home Value: $319,707.38
• August 2023 Median Home Value: $322,789.39
• Year-over-Year Percentage Change: 0.96%

• August 2022 Median Home Value: $261,648.28
• August 2023 Median Home Value: $262,048.76
• Year-over-Year Percentage Change: 0.15%

• August 2022 Median Home Value: $213,478.57
• August 2023 Median Home Value: $220,798.59
• Year-over-Year Percentage Change: 3.43%

• August 2022 Median Home Value: $193,974.32
• August 2023 Median Home Value: $199,764.60
• Year-over-Year Percentage Change: 2.99%

• August 2022 Median Home Value: $519,208.68
• August 2023 Median Home Value: $502,426.45
• Year-over-Year Percentage Change: -3.23%

• August 2022 Median Home Value: $252,485.85
• August 2023 Median Home Value: $258,741.53
• Year-over-Year Percentage Change: 2.48%

• August 2022 Median Home Value: $429,117.19
• August 2023 Median Home Value: $446,633.41
• Year-over-Year Percentage Change: 4.08%

• August 2022 Median Home Value: $283,905.21
• August 2023 Median Home Value: $288,530.77
• Year-over-Year Percentage Change: 1.63%

• August 2022 Median Home Value: $295,145.58
• August 2023 Median Home Value: $297,880.95
• Year-over-Year Percentage Change: 0.93%

• August 2022 Median Home Value: $307,440.74
• August 2023 Median Home Value: $310,926.83
• Year-over-Year Percentage Change: 1.13%

• August 2022 Median Home Value: $310,054.43
• August 2023 Median Home Value: $303,703.03
• Year-over-Year Percentage Change: -2.05%

• August 2022 Median Home Value: $550,130.97
• August 2023 Median Home Value: $519,840.69
• Year-over-Year Percentage Change: -5.51%

• August 2022 Median Home Value: $384,221.02
• August 2023 Median Home Value: $398,737.03
• Year-over-Year Percentage Change: 3.78%

• August 2022 Median Home Value: $367,490.75
• August 2023 Median Home Value: $378,609.65
• Year-over-Year Percentage Change: 3.03%

• August 2022 Median Home Value: $611,682.33
• August 2023 Median Home Value: $587,414.79
• Year-over-Year Percentage Change: -3.97%

• August 2022 Median Home Value: $155,077.91
• August 2023 Median Home Value: $158,495.35
• Year-over-Year Percentage Change: 2.20%

• August 2022 Median Home Value: $281,882.76
• August 2023 Median Home Value: $297,157.79
• Year-over-Year Percentage Change: 5.42%

• August 2022 Median Home Value: $331,524.84
• August 2023 Median Home Value: $340,438.77
• Year-over-Year Percentage Change: 2.69%

Lia Sestric contributed to the reporting for this article.

Methodology: To find the average home price in every state, GOBankingRates used the Zillow Home Value Index to find the August 2023 and August 2022 median home value for each state. This allowed us to calculate the year-over-year change in dollars and percent. All data was collected and is up-to-date as-of October 11th, 2023.

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