Disclaimer: The average price table is NAR’s best estimate. Unlike the median home price, the average home price is influenced by outliers. Due to rapid price gains in recent years and more sales at the very high end, there is less reliability associated with the average price. There is a break in the average price from 2020 and 2021, and therefore should not be compared. A newer methodology was applied from 2021 to better account for outliers of high priced homes.
Source: https://www.nar.realtor/
