How Much Did a House Cost in 1960?

The US Census Bureau reports that the average cost of a home in the USA was $11,900 back in 1960. The median cost of a home in 2000 was $58,600 (after adjusting for inflation).

The median home price in Hawaii was $20,900 in 1960, making it the state with the highest median home price in the country, according to data from the United States Census Bureau. Aside from California, other states with high property prices include New Jersey ($15,600), the District of Columbia ($15,400), New York ($15,300), Nevada ($15,200), and California ($15,100). South Carolina had the lowest median house price in 1960 dollars, at $7,500; West Virginia had the lowest, at $7,600; Oklahoma and Mississippi had the lowest, at $7,900; North Carolina had the highest, at $8,000; and Tennessee had the most, at $8,300.

U.S. Census Bureau data shows that the median price of a home in each state was between $37 and $103 thousand in 2000 dollars, after adjusting for inflation. From 1960 through 2000, Hawaii consistently had the highest average home price in the United States. Lowest home price states changed every decade.

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