4 States Where Average Home Prices Could Surpass $750K by 2030

Aerial view of suburban houses.
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Though housing inventory is growing some, supply has yet to catch up with demand and so home prices are staying high — and predicted to get higher over the next five years. According to Zillow, the average United States home value is $357,138 — up 2.6% over the past year.

Some states are seeing more of a pinch in demand than others, causing home prices to surge with extra oomph. In five years, some states could become flat out unaffordable for hopeful homebuyers. New research by RenoFi estimated property prices in 2030 across the U.S. Average home prices are expected to surpass $750k in the following four states. Average home prices in 2025 were sourced by GOBankingRates from Zillow, and cost of living data for each state was sourced from BestPlaces. Here’s a look at some states where homes are getting very expensive.

Colorado 

  • Average home value in March 2025: $546,004
  • Projected home value in September 2030: $763,309
  • Cost of living, as compared to the national average: 21% higher 
  • Cost of a home, as compared to the national average: 56% higher

Washington  

  • Average home value in March 2025: $596,514
  • Projected home value in September 2030: $782,708  
  • Cost of living, as compared to the national average: 22% higher 
  • Cost of a home, as compared to the national average: 58% higher

Hawaii  

  • Average home value in March 2025: $840,256
  • Projected home value in September 2030: $889,627   
  • Cost of living, as compared to the national average: 66% higher   
  • Cost of a home, as compared to the national average: 137% higher

California 

  • Average home value in March 2025: $784,840
  • Projected home value in September 2030: $1,048,100    
  • Cost of living, as compared to the national average: 50% higher 
  • Cost of a home, as compared to the national average: 117% higher

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